35 Winckley Square Preston Lancashire PR1 3JQ

35 Winckley Square
Preston
Lancashire
PR1 3JQ

Freehold Office Opportunity

Established City Centre office location
Approximately 850.76 sq m (9,158 sq ft) with parking
Part let to ITV Services Limited – to be vacant on or before completion (tenant notice served)
Possible dilapidations opportunity
Possible change of use to residential or Part A3 (subject to consents)
Of interest to developers, investors or owner occupiers
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
45
Auction
12th February 2015
Vacant Possession
Status
Sold Post
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Office Opportunity

Established City Centre office location
Approximately 850.76 sq m (9,158 sq ft) with parking
Part let to ITV Services Limited – to be vacant on or before completion (tenant notice served)
Possible dilapidations opportunity
Possible change of use to residential or Part A3 (subject to consents)
Of interest to developers, investors or owner occupiers
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 45
Auction 12th February 2015
Vacant Possession
Status Sold Post
Price
Sector
Office
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 28 miles north-east of Liverpool; 30 miles north-west of Manchester
Roads: A6, A59, A582, A583, M6 (Junction 37), M65 (Junction 1)
Rail: Preston Railway Station
Air: Blackpool International Airport, Liverpool John Lennon Airport, Manchester Airport

Situation

The property is situated in an established office location in the north western corner of Winckley Square close to Fishergate, the prime retailing thoroughfare in Preston City Centre and Preston Railway Station. Winckley Square remains one of the most sought after locations in Preston with insurance, legal and other business offices. In recent years it has seen a number of high quality
residential conversions.

Tenure

Freehold.

Location

Miles: 28 miles north-east of Liverpool; 30 miles north-west of Manchester
Roads: A6, A59, A582, A583, M6 (Junction 37), M65 (Junction 1)
Rail: Preston Railway Station
Air: Blackpool International Airport, Liverpool John Lennon Airport, Manchester Airport

Situation

Tenure

Freehold.

Description

The property comprises a traditional period office building (mainly open plan) arranged on basement, ground, first and second floors.
The property benefits from rear access via Mount Street and undercroft parking for approximately 6 cars.

Planning:
Whilst the property may suit conversion to residential, the seller has also undertaken an initial development appraisal for change of use of the basement and ground floors from offices (B1) to A3 (Food and Drink). Preston City Council have expressed general support in principle of the proposed change of use A3.

Preston City Council.
Town Hall, Preston, Lancashire PR1 2Rl.
Email: devcon@preston.gov.uk
Tel: 01772 906912.

Six Week Completion – but please see Special Conditions of Sale

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant
Basement Ground First Second	Ancillary Office Office Office	158.30 sq m 330.44 sq m 290.31 sq m 71.71 sq m	(1,704 sq ft) (3,557 sq ft) (3,125 sq ft) (772 sq ft)	VACANT POSSESSION (ON COMPLETION) (1)
Totals		850.76 sq m	(9,158 sq ft)

(1) The first and second floors are currently leased to ITV Services Limited at £25,000 pax. However, the tenant has served notice to exercise their break clause on 25th March 2015 – please see legal pack. We understand the tenant will be vacating on 28th February 2015. Any potential dilapidations claim will be negotiated by the purchaser.