Commercial Property for sale in Broadgate Preston PR1

Sale Price: £230,000

Broadgate Preston, PR1 8DX

Commercial Property
-- Bed(s)
-- Bath(s)
Available

 77 Watling Street Road, Preston, Lancashire
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Street Address

Broadgate Preston, PR1 8DX

Property description

Kingswood is delighted to bring to the market this spacious property suitable for residential conversion.
Whilst currently operating as a successful family restaurant, this large property is ideal for conversion with potential to develop four or five residential flats, all of which surely would be in high demand given the location and potential it undoubtedly possesses.

Location
Ideally situated on the outskirts of Preston City Centre, with views of the River Ribble opposite, this property really does have great potential going forward.
Preston City Centre and railway station both are just a five minute walk away, as is the affluent Penwortham area.

Description
This corner property is currently being run as a family restaurant businesses with associated storerooms and kitchens, with first floor acommodation in the form of an evening bar.
Formerly a public house, there is a large cellar as well as spacious ground and first floor rooms suitable for conversion.

Rates
Enquiries should be made of Preston City Council in order to confirm rates payable for the property.

Terms
Freehold.
There is a tenant in occupation paying approximately £18,000 per annum, with approximately 5 years remaining unexpired.

Planning
Enquiries should be made of Preston City Council for further planning information.

Service Charge
N/A


Services
All mains services are in place and assumed to be in working order.

EPC / Recommendation Report
The EPC and Recommendation Report can both be inspected at your local Kingswood office.

Viewing
Viewing is highly recommended and strictly via Kingswood only.
Please contact Kingswood on:
Preston City Centre Office - Unit 8, Fishergate, Preston, PR1 2NJ - 01772 886 555
Fulwood Head Office - 77 Watling Street Road, Preston, PR2 8EA - 01772 71 71 81
mail@kingswoodproperties.co.uk
www.kingswoodproperties.co.uk

Property Features :

  • River View
  • Guest cloakroom
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