WE ARE A SPECIALIST PROPERTY INVESTMENT FIRM GROWING A HIGH-YIELD PORTFOLIO. IF YOU’RE AN INVESTOR LOOKING FOR RELIABLE INCOME GENERATION, YOU’RE IN THE RIGHT PLACE.
As more businesses move online, people are looking for a different sort of premises from the classic high street shop window. They want to focus on manufacturing. They want storage for distribution. In other words, they want space.
That’s where we come in.
At Preston & Preston, we operate where supply and demand fundamentals grow stronger each day. We connect investors with a portfolio of high-yield industrial sheds, so they can reap the rewards of rising rental values and income generation in a growth market.
Why do we specialise in industrial sheds?
Since 2016, we have been cherry picking light industrial sheds in the Greater London area and North West England for renovation, creating high rental yields from happy tenants.
Most sheds are made from structural steel, making them adaptable and long-lasting. Thanks to the increase in ecommerce and demand for manufacturing, storage and distribution space amongst small businesses, the market for industrial sheds like ours continues to grow.
We look for well-connected properties ripe for improvement. We acquire them, we transform them and then we handpick our tenants – successful SMEs whose growth we support.
Our tenants include online retailers, fast grocers, brewers, disaster recovery specialists, furniture makers, surfacing specialists, electrical wholesalers, holiday letting agents, artisan workshops, heavy lifting specialists and commercial cleaners.
Why is investing with Preston & Preston different?
Where big funds invest in collections of lower yielding assets, we cherry pick only the right properties in the right places at the right times.
We are a privately held family business that generates investment value exceeding 10% per annum. We renovate existing units to the highest industry standards and reposition each asset in the rental market.
We take care of the entire investment and management process for our investors – from research, to acquisition, to renovation, to lettings, to active administration. Our debt gearing is sub 50% and our lease expiries are staggered with average lease terms of 5 to 10 years.
As a result, our investors benefit from sector-leading high yields, while our tenants enjoy excellent properties complete with high quality hands-on management.
How do we increase rental yields from our sheds?
We have a formula.
Our investments are carefully selected to meet a stringent set of value criteria. We are fervent about conducting in-depth research and scouring the market for properties up to 10,000 sq ft, close to prosperous local markets, with ready access to major road networks and public transport.
We maximise the potential of great buildings in great locations. We upgrade units into high quality, vibrant and contemporary workspaces with more energy efficient electrical and mechanical systems, creating modern, clean, and adaptable working environments with improved EPC environmental performance ratings.
The result is the industrial equivalent of managed office buildings, where incoming tenants can simply plug and play while we take care of the external fabric of the building.
Who should invest with us?
Investing in property is a long game. Thanks to the powerful combined forces of leverage and compounding, our portfolio continues to grow with minimal risk, meaning we offer investors excellent long-term value gains.
We partner with investors and JVs. We work with ‘Sophisticated, Qualified’ investors who can self-certify that they understand the risks and rewards of property investment.
We welcome prospective investors to meet with us and tour existing assets.
What TENANTS SAY
“As a commercial landlord, Craig Preston is very knowledgeable and approachable at the same time. He will go out of his way to help you and to make the experience as easy and seamless as possible, and nothing seems to be too much trouble for him.”
— Felicity Interiors
“Our communications with Preston and Preston have been really very satisfactory, and it’s been a real breath of fresh air compared to everything we’ve experienced in our previous premises.”
— Surbiton Glass
“It’s always a pleasure to work with pro-active, commercial and helpful landlords that take good care of their properties and tenants.”