The Exchange Preston

The Exchange Preston

The Exchange Preston is a new high rise apartment building located in downtown Preston. Preston has been named the most improved city in North West England, beating Liverpool & Manchester. The Exchange is located in the current regeneration plan of Preston: Stoneygate Masterplan. Stoneygate Masterplan covers around 25 hectares and collectively represents the largest regeneration opportunity in Preston City Centre.

Lease Term:

• 250 years (Start date 01.01.22)

The payment terms are the following:

• Reservation Fee of £5,000
• 25% of the net property purchase price on exchange of contract including reservation
• 75% upon completion and ownership transfer

Ground Rent:

• 0.1% of the net property purchase price Per Annum

Service Charge:

• £1.50/sqft Per Annum

Alliance Investments is a reputable UK developer operating in various cities such as Manchester, Birmingham, Nottingham, Leicester, Chester and Newcastle-Under-Lyme. Alliance Investments has a successful portfolio of residential and students developments in 6 different cities.