*Guide | £450,000+ (plus fees)
- Office
- Tenure: Leasehold. The property is held on a 125 year lease from 2nd January 2008 (thus approximately 106 years unexpired) at a ground rent of £33,000 Per Annum.
Call the team on 020 7625 9007 for more information
A Vacant Seven Storey Substantial Office Building Offered with Planning Permission to Convert to 36 Flats. Part of the Rooftop is Let to Telecommunication Companies at a Rent of £13,750 Per Annum
The property comprises an office building arranged over ground and six upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 2nd January 2008 (thus approximately 106 years unexpired) at a ground rent of £33,000 Per Annum.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Avenham Park are within easy reach. Transport links are provided by Preston rail station.
Accommodation
Ground Floor Car Parking Space for 17 Cars First, Second, Third, Fourth, Fifth and Sixth Floors Office Space WCs Total G.I.A. Approximately 21,968 sq ft.
Planning
Preston City Council granted the following planning permissions: ref: 06/2024/0608 on 1st August 2024: 'Prior notification submission for change of use from offices (Class E) to 8no. residential units (Class C3)'. ref: 06/2023/0699 on 23rd June 2023: 'Prior notification submission for change of use from offices (Class E) to residential (up to 28 units) Class C'.
Tenancy
Part of the roof top is subject to two tenancy agreements to telecommunication companies at an annual combined rent of £13,750 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
