£2,000,000
  • Ref: 719361
  • Availability: Sold STC
  • Tenure: Freehold
  • Make Enquiry

Full Details

Aqueduct Mill is a substantial freehold, multi-let commercial and industrial investment located within an established mixed-use area of Preston.

The property extends to approximately 58,237 sq ft of lettable accommodation, arranged across 20 individual units together with a telecommunications mast positioned on the roof. Unit sizes range from approximately 400 sq ft up to 8,000 sq ft, providing flexibility and resilience across the income profile.

The estate is currently let to a diverse range of occupiers, including light industrial, leisure, fitness, automotive, storage and specialist uses. Tenants include DT Fitness, Aquarium Tanks, Express Car Body Repairs, Kash and Karry, BoxFit, Cheeky Monkey Kids Play, Escape Rooms, multiple band rehearsal rooms, together with a rooftop telecoms mast let to Vodafone producing £10,000 per annum.

The property generates a total rent roll of £210,820 per annum, offering an attractive income profile with reversionary potential through asset management and future rental growth.

A full tenant schedule will be provided within the sales particulars.

Location
Aqueduct Mill occupies a well-connected urban location on Aqueduct Street, approximately one mile north of Preston City Centre.

The property is situated close to the University of Central Lancashire (UCLan), benefiting from strong surrounding commercial activity and a large student and working population. The immediate area comprises a mix of industrial, trade, leisure and service-based occupiers, providing an established commercial environment.

Preston city centre, its retail core, transport hubs, and business districts are all within easy reach. The property also benefits from excellent road connectivity, with convenient access to the A59, A6, and the M55/M6 motorway network, supporting continued occupational demand.

Property Features

  • Freehold Multi-Let Industrial Investment
  • 20 Income-Producing Units Plus Mast
  • 58,237 sq ft Total Lettable Area
  • Strong £210,820 Per Annum Rent Roll
  • Units From 400 to 8,000 sq ft Approx
  • Established Tenant Base and Demand