For Sale By Auction | 12:00, 13 March 2024 | Lot 60

2 Fleet Street, Preston, Lancashire PR1 2UT

*Guide | £150,000 (plus fees)

  • Restaurant
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Wed 13/03/2024

Auction Time


Auction Venue

Online Auction

Viewing Times:

Fri 8 Mar


Mid Terrace Five Storey Former Restaurant

A Substantial five storey building in shell condition suitable for a variety uses subject to obtaining relevant planning consents. Location - Fronting Fleet Street just off Ring Way (A59) close to its junction with Lune Street, and a short walk to Fishergate, the prime retail thoroughfare, in the heart of Preston City Centre. Lune Street is one of the main vehicular routes into the City Centre providing access to St George’s Shopping centre, Fishergate and beyond into Winckley Square, the main professional district in Preston. The property is located opposite the rear of the Corn Exchange with the vicinity comprising a mix of retail, office and leisure uses. Tenure: Freehold Title number: LA469970 *The Buyer is referred to the Legal Pack for the current registered occupation lease and the application lodged at the Land Registry to close this leasehold title* Local Authority: Preston City Council Finance is available on this lot. For a decision-in-principle visit




Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.


In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Preston City Council


Birchall Blackburn Law, Ref: Jane Lockwood, Tel: 01772 552187

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 - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

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