12 Orchard St 1,191 SF 100% Leased Retail Building Preston PR1 2EN $330,138 ($277.19/SF)

This three-story mid-terraced retail property occupies a prominent position in the heart of Preston City Centre on Orchard Street, a key link to the open market, St George's Shopping Centre, and the Animate leisure complex. The property features an open-plan retail area on the ground floor, complete with cold storage, and benefits from rear access via a shared lobby, providing potential for separate access to the upper levels.
The first and second floors currently offer office and storage space but could readily be converted into residential accommodation, creating additional value and income opportunities. Positioned adjacent to Greggs and other national brands, the property benefits from high pedestrian traffic in a vibrant commercial district. The freehold title is offered with full vacant possession, and previous usage as a fresh produce retailer underscores its flexibility for varied retail concepts, including potential hot food takeaway, subject to planning consents.