Preston 'casino' building is put on the market - here's how much for
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The home of one of Preston’s most prominent amusement arcades has gone on the market.
Number 3 Orchard Street is currently let out to Admiral Casino; an adult gaming centre (AGC) offering slot machines and other gambling activities. For a price tag of £395,000, the mid-terraced building is being offered for sale, with the tenant still having 10 years left on a lease that generates £33,000 per year.
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Hide AdAs well as the retail ground floor, there is also ancillary accommodation at the basement level, and the upper floors, which are not part of the vendor’s ownership, comprise approximnately 2,700 sq.ft of office accommodation.
The site is across the road from another planned AGC. Last month it was revealed that Noble Corp Ltd want to open a 24-hour venue in the former David Pluck bookmakers shop.
In December, an application to turn the former Krush Sports Bar and Nightclub into an AGC was launched, and Preston City Council have recently approved a similar change of use on the corner of Fishergate and Lune Street.
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