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Fantastic Development Opportunity For Sale

Preston, Lancashire
Freehold Price:
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Advert ID
2973 / Rightbiz


Early viewing and interested is highly recommended
Situated close to the city centre of Preston
Potential rental income of £30,000pa
On site owners' accommodation
Scope for further development
Genuine reason for sale
Multi faceted business

Business History

We are delighted to offer to the market this fantastic development opportunity which has been stood since 1900's. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. The property is a large and imposing Victorian building and with the right planning in place could be converted to be used for multiple uses such as 4 self contained residential flats with off road secure parking. The main bulk of the property is over two floors with the ground floor being used by our clients to run his garage services business and the extensive first floor as a warehouse/workshop and 2 bedroom accommodation. The location of the property, as it is so close to the city centre and the main town's car parks would lend itself to many uses to include residential, restaurant, bar, retail, flats. We urge early viewing on this property so as to fully appreciate the redevelopment potential and the competitive price being asked.

Location Details: 
This excellent development opportunity is located close to the main A5085 that runs between Preston and Blackpool. It is surrounded by high density housing and numerous complimentary commercial concerns providing superb opportunities for passing trade. The property is located just outside Preston city centre close to the University of Preston with high numbers of student accommodation in the area which makes this an ideal location for a development of this nature. Situated on the North Bank of the River Ribble Preston is a city in north west England which gained it's city status in 2002, it is famous for being a boom town in the industrial revolution. Now the city is a centre for educational excellence with its popular university and increasingly popular commercial base, the city is also well known for it's football team Preston North End and as the former home of the national football museum. Preston is reached easily via the A6 and has superb rail links; the M6 motorway provides access to the UK's wider motorway network. 

Seller Details
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Listing Details
Freehold Price: £280,000
Tenure: Freehold
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