Flagship Store on Preston’s High Street Sold
Posted on 21st July 2015
One of Preston’s most prominent, flagship stores at the heart of the city’s retail district has been sold to a private pension fund.
The property at 114-115 Fishergate, which was recently occupied by the charity YMCA, has been sold through joint agents Robert Pinkus & Co. LLP and Smith Price on behalf of a private vendor.
The 12,710 sq ft, double-fronted property has been fully refurbished to provide good, clear sales space on ground and first floor levels with an impressive full-height glazed frontage. The property has also been fitted with a lift and an escalator to the first floor sales area.
Joe Assalone, Partner at Robert Pinkus & Co. said, “The sale of 114-115 Fishergate represents a pivotal moment in Preston’s regeneration and comes at a very exiciting time for the city. There is a real buzz and positivity surrounding the various ongoing improvement projects taking place throughout the Central Business District and this is being reflected in increased activity within the commercial property market.”