86 Fishergate, Preston
This property, which occupiers a position on one of the main retail streets in Preston, was acquired from The Bank of India in September 1997. A pre-let was agreed with Toni & Guy, to occupy the premises as a hairdressing salon, on a new 15 year FRI lease.
Enlargement of the unit was undertaken to provide 953 sq.ft. of ground floor sales and 958 sq.ft. of ancillary space. Toni & Guy commenced trading on 4th December 1997.
The building was sold in January 1998 to RWD Properties representing an initial yield of 7.4%.
PROFESSIONAL TEAM
Building Surveyor: Robert Knowles & Partners
Engineers: Terence E. Dudley
Contractor: GEM Construction Ltd
Agent: Nicholas Robinson & Partners