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Investment Highlights
- Vacant freehold property providing mixed office, showroom, and workshop facilities
- Flexible internal layout with good ceiling heights and refurbishment to a functional standard
- Well-connected location close to Preston city center and major routes, including the M6 and A59
Executive Summary
This property offers a rare freehold acquisition opportunity within Preston, comprising a substantial detached former school building arranged over lower ground, ground, and first floors. Constructed in traditional brick with pitched slate roofs, the premises have been modernized internally to provide a versatile mix of office, showroom, and workshop accommodation, alongside meeting spaces and storage areas.
The asset’s layout delivers significant flexibility, featuring both open-plan and cellular sections and ceiling heights conducive to diverse usage scenarios. Currently utilized as a design studio, the property is well-suited to a range of commercial uses, including continued office or light industrial purposes, subject to necessary consents.
Externally, the site benefits from extensive surfaced areas offering circulation, servicing, and approximately 40 on-site parking spaces. With its proximity to Preston city center, major road links including A6, A59, and the M6, as well as Preston Railway Station on the West Coast Main Line, occupiers or investors will appreciate its accessibility.
The asset’s layout delivers significant flexibility, featuring both open-plan and cellular sections and ceiling heights conducive to diverse usage scenarios. Currently utilized as a design studio, the property is well-suited to a range of commercial uses, including continued office or light industrial purposes, subject to necessary consents.
Externally, the site benefits from extensive surfaced areas offering circulation, servicing, and approximately 40 on-site parking spaces. With its proximity to Preston city center, major road links including A6, A59, and the M6, as well as Preston Railway Station on the West Coast Main Line, occupiers or investors will appreciate its accessibility.
Property Facts
Sale Type
Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
11,167 sq ft
Costar Property Class
B
Year Built
1960
Price
£1,200,000
Price per sq ft
£107.46
Tenancy
Single
Number of Floors
2
Typical Floor Size
3,241 sq ft
Plot ratio
1.28
Total Plot Size
0.20 ac
Parking
40 Spaces (3.58 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Security System
- Storage Space
- Central Heating
- Common Parts WC Facilities
- Smoke Detector
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