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FOR SALE - Substantial Office Premises with Car Park - 3 & 4 Fishergate Hill and 16 Waltons Parade, Preston, PR1 8JB

For sale: POA|5,168 Sq Ft|Offices, Office

Property details

FOR SALEPOA
SIZE5,168 Sq Ft
ADDRESSFOR SALE - Substantial Office Premises with Car Park - 3 & 4 Fishergate Hill and 16 Waltons Parade, Preston, PR1 8JB
TYPEOffices, Office
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON15th March 2022

Description

Location
The premises are prominently situated fronting Fishergate Hill at its junction with Waltons Parade and Bow Lane less than 200 metres from Preston central main line railway station and approximately 300 metres from Preston’s main shopping high street, Fishergate.

The location provides easy access to the south of Preston as well as Ringway (A59) which connects with all the city’s major thoroughfares.

Description
An attractive and imposing double end-terraced property being of traditional brick construction beneath pitched slate roof with ground floor elevations benefiting from a render finish with attractive stone paved frontage. The accommodation is arranged across two buildings with self-contained lower ground floor office (within number 3) accessed from the rear with accommodation arranged over four floors providing a mix of good-sized open plan rooms generally benefiting from suspended ceilings including Category II lighting, IT networking, gas-fired central heating, kitchen and ladies, gents and disabled WC facilities.

To the rear there is a substantial car park providing approximately 32 car spaces or thereabouts.

Accommodation
The premises have been estimated to extend to the following net internal floor areas:

3 Fishergate Hill M² Ft²
Ground Floor 90 969
First Floor 75 807
Second Floor 78 840
Total 243 2,616

4 Fishergate Hill
Ground Floor 40 433
First Floor 41 440
Second Floor 46 498
Lower Ground Floor 31 331
Total 158 1,702

16 Waltons Parade
Ground Floor 79 850
Total 480 5,168

Services
Mains electricity, water, gas and drainage are available to the premises.

Rating Assessment
The premises have the following rating assessments:
RV
3 Fishergate Hill £13,500
4 Fishergate Hill £8,600
16 Waltons Parade £5,500

Interested parties should however, make their own direct enquiries of the local rating authority, Preston City Council (www.preston.gov.uk).

Planning
It is understood the premises benefit from an established use generally within Class E (offices) of the Town and Country Planning (Use Classes) (Amendment) (England) Regulations 2020. Interested parties are recommended to make their own separate enquiries of the planning department at Preston City Council.

Tenure
The premises are understood to be freehold subject to existing leases as follows:

3 Fishergate Hill
Currently occupied by Anderton Ashcroft with vacant possession available in September 2022. The current passing rent is £24,225.72 per annum exclusive.

4 Fishergate Hill
Vacant.

16 Waltons Parade
Currently occupied by Unison Limited (Co. No. 01105991) on a 6 year lease with effect from 27.07.21 at a rental of £9,500 per annum exclusive.

Leases are available upon request.

Price
Upon application.

Location

marker
Location: FOR SALE - Substantial Office Premises with Car Park - 3 & 4 Fishergate Hill and 16 Waltons Parade, Preston, PR1 8JB

Preston (0.1 miles)

Lostock Hall (2.3 miles)

Bamber Bridge (2.9 miles)

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