Sold Prior | Lot 74

3 Orchard Street, Preston, Lancashire, PR1 2EN

Sold Prior

  • Residential Development
  • Tenure: Freehold.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 11/12/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

Viewing Times:

Tue 26 Nov

13:30-14:30

Fri 29 Nov

13:30-14:30

Tue 3 Dec

13:30-14:30

Tue 10 Dec

13:30-14:30

Well Located Mid Terraced Mixed Use Building Offered With Planning Permission for Conversation of the Vacant Upper Parts to Create Six Self-Contained Flats (4 x 1 Bedrooms and 2 x 2 Bedrooms). The Retail Unit is Sold Off.

The property comprises a mid terrace mixed use building arranged over lower ground, ground and two upper floors.

Tenure

Freehold.

Location

The property is situated on a pedestrianised high street in Preston amongst local shops and amenities. Nearby multiples include McDonalds, H&M, Halifax, Greggs and Coral. Transport links are provided by Preston rail station.

Accommodation

Ground & Lower Ground Floor Retail Unit (Sold Off on 999 Year Lease at a Peppercorn Rent) First Floor Office/Ancillary 106.2 sq m (1,143 sq ft) Second Floor Office/Ancillary 145.3 sq m (1,564 sq ft)

Planning

Preston City Council granted the following planning permission (ref: 06/2018/0803) on 13th December 2018: "Change of use and conversion of former Bank (Class A2) to mixed use (Retail Class A1) at ground floor and 6no residential apartments (Class C3) at first and second floor, external alterations to rear to provide a gated binstore yard."

VAT

VAT is not applicable

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.