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50 Avenham St 11,767 sq ft Office Property Preston PR1 3BN For Sale
INVESTMENT HIGHLIGHTS
- Preston City Centre
- Great Transport Links
- Development Potential
EXECUTIVE SUMMARY
The site extends approximately 0.07 acres (295sqm) with a GIA of circa. 1,102sqm over four storeys. The main building can be accessed off Avenham Street with a secondary entrance point accessed of Syke St.
The property is of steel construction with a brick cladded façade. The site forms part of the Stoneygate Opportunity Area and is referenced under policies OP4 within the Preston City Centre Local Plan (2017). The Local Plan will permit and encourage developments consistent of high quality and sustainable housing development and mixeduse leisure as it seeks to achieve a ‘Urban Village’ concept (Adopted Preston City Centre Plan, 2017). The main building has a pitched roof which forms part of a top floor extension and double-glazed UVPC windows with basement, ground floor, first and second floor.
The property is bounded by a commercial property which comprises of a similar layout to the subject site, with buildings fronting onto Avenham Street and adjacent to Sykes Streetcar Park, which has recently obtained approval 42no. Serviced Apartments.
The property is of steel construction with a brick cladded façade. The site forms part of the Stoneygate Opportunity Area and is referenced under policies OP4 within the Preston City Centre Local Plan (2017). The Local Plan will permit and encourage developments consistent of high quality and sustainable housing development and mixeduse leisure as it seeks to achieve a ‘Urban Village’ concept (Adopted Preston City Centre Plan, 2017). The main building has a pitched roof which forms part of a top floor extension and double-glazed UVPC windows with basement, ground floor, first and second floor.
The property is bounded by a commercial property which comprises of a similar layout to the subject site, with buildings fronting onto Avenham Street and adjacent to Sykes Streetcar Park, which has recently obtained approval 42no. Serviced Apartments.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Tenure
Freehold
Property Size
11,767 sq ft
Costar Property Class
B
Year Built
2002
Tenancy
Single
Number of Floors
4
Typical Floor Size
2,942 sq ft
AMENITIES
- Security System
- Storage Space
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50 Avenham St
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