The Leasing Agency is pleased to present for lease a fully fitted restaurant totaling 355sqm* within the popular High Street Preston retail and hospitality precinct backing directly onto the renowned Preston Market.

The key highlights of this opportunity include:

Property Features:

+ Two level building comprising 280sqm* ground floor and 75sqm* first floor

+ Equipped with grease trap, exhaust with canopy and cool room

+ Existing Liquor license and food permit

+ Air-conditioning and toilet facilities

+ Dual access points and frontages (High Street and Preston Market)

+ Secure premises featuring rear shutters, alarm and CCTV

General Features:

+ More than 750 parking bays behind the property providing direct shop access

+ High foot-fall location within Preston's "Golden Mile" retail strip

Location Features:

+ Join nearby retailers including Aldi (400m*), Chemist Warehouse (120m*), Woolworths (270m*) and Anytime Fitness (600m*)

+ Directly adjoining Preston Market, featuring approximately 120 specialty traders attracting local visitation regularly

+ Multiple forthcoming apartment developments (x14) with an additional x14 coming soon which will further enhance the traffic in the area

+ Preston is set to experience significant population growth with current projections estimating a 67% increase in the immediate population by 2041

+ Convenient proximity to Preston Train Station (500m)

*approx.

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The Leasing Agency strives to provide the most attentive services on the market.

Here's how we can assist:

Tenant Representation

The Leasing Agency has represented high-profile occupiers in all sectors of the commercial market. We leverage our expertise and relationships to help you form a growth strategy that gives you the edge to secure opportunities for the right price and on the right terms.

Lease Assignment

Whether your business is upsizing, downsizing or relocating, The Leasing Agency can assist with developing an exit strategy that minimises liability. By providing lease disposal advice and managing the marketing and documentation process, we can guide you through the lease assignment process while eliminating your risk exposure.

Business Brokerage

By appointing The Leasing Agency to sell your business, you gain access to our extensive network of local and international clients who are always on the lookout for fresh opportunities. Our comprehensive service ensures you maximise the sale price of your business - from effective marketing and careful negotiation through to the final handover process.

Renewal Negotiation

The lease renewal process can be stressful for many businesses and negotiating the right terms for the coming years is critical for the ongoing success. The Leasing Agency is associated with a number of industry-leading valuers who offers expert advice throughout the renewal negotiation process with strong supporting evidence to back our claim.

Leasing Services

The Leasing Agency is the acknowledged market leader in commercial leasing. Our attentive services, tireless work ethic and balanced approach have earned us the reputation of leasing experts. We pride ourselves in being leasing specialists and this focus has distinguished us from traditional real estate agencies in the market.

Asset Management

At The Leasing Agency, we value relationships with our tenants and landlords. We believe by maintaining a balanced relationship, we can achieve an optimal long-term outcome and safeguard the return on your hard-earned investment. As proactive property experts, we keep up to date on current market trends and constantly strive to add value to your portfolio.

Development Advisory

The success of a commercial project relies heavily on having the right tenancy mix. At The Leasing Agency, we help developers find the most ideal design efficiency ratio and involve ourselves from initial planning, through securing anchor tenants, to the final delivery. By engaging us, we can minimise the vacancy risk and maximise the development yield.

Strategic Planning

Real estate is a long game that requires meticulous planning. As leasing professionals, our fingers are on the pulse - we monitor market trends closely and are well-positioned to help assess your property strategy. We are here to assist, whether you are looking to expand your portfolio, add value to existing assets or diversify into different commercial sectors.