Investment Properties for sale in Preston

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Freehold Site for Development

Preston, Lancashire, England

  • Freehold Price: Offers Invited
Seller Reference: 592FS
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Business Description
 
 
 
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Seller Reference: 592FS
Request Details
Business Description
Commercial Road have been instructed to invite offers for a Large Freehold site of approximate 1.2 acres currently housing an impressive 4 floor commercial building, recently used as retail and storage premises.

The building itself is not only suitable for many types of retail or leisure uses, but may also suit conversion to multi office, multi retail, or multi residential units, whilst the land the building stands upon, and the large area surrounding the building, which is currently presented as a large car park, may be of interest to both residential and commercial developers.

The site is most likely to attract large investors, developers, large retailers, self-storage providers, leisure providers, or even pet care providers. The building could also potentially incorporate a toddler’s play centre, nursery or similar business on at least one of the floors.

A large building over 4 floors takes centre stage on the approximately 1.2 acre prime site with an impressive staircase entrance leading to the main floors. 3 floors are currently set out for retail and 1 floor is set out for storage. A lift is also in situ to help customers or tenants move between the floors and there are various entrances for loading or unload stock around the ground floor.

There is also an internal fire escape, several toilet facilities (at least one set on each floor) and at least one small office on each floor with several small store rooms in addition to the floor recently used exclusively for storage plus a staff room.

The site is on the edge of a large and growing Lancashire town and has an area of land to the side of the main building which currently houses a large car park, which we are told can hold more than 100 cars. There is also a fenced off parking area which may also be suitable for larger vehicle parking. This piece of land may well be able to be built upon for either commercial or residential purposes and although it doesn’t currently have any planning permission to do so, we are told that years ago this prime piece of land had housing on it.

Viewing strictly by appointment.
Tenure: Freehold
EPC Yes. Grade: To be confirmed

Please contact the Commercial Road team for further details or to arrange a viewing.
IMPORTANT NOTES: These particulars do not constitute an offer, neither should they be relied upon as statements or representations of the fact or warranties of any kind. All interested parties must satisfy themselves, by investigation and due diligence activities, prior inspection and or formal entry before contact with their solicitor. Neither we, nor our principals, accept any responsibility whatever in respect of these particulars, which are simply offered as a general indication to persons who may be interested.

Viewings and negotiations are to be conducted STRICTLY through Commercial Road Limited. NO DIRECT APPROACH is to be made to the business under any circumstances.
Tenure:
Freehold
Listed by:
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