Office for sale

Sizer House, Moor Lane, Preston, Lancashire, PR1

Offers in Excess of £1,000,000

Property Description

Full description

LOCATION
The property occupies a prominent position with frontage to Moor Lane (A5071) which is one of the main arterial routes into the city centre. The property lies within the University Quarter and is part of the Harrington Site (Purple Zone) of the University of Central Lancashire (UCLAN) campus. Nearby are other Campus facilities and purpose built student accommodation.

DESCRIPTION
Former council resource centre which although understood to have a D1 Planning Designation is currently used predominantly as offices, with some areas used as storage. The majority of the accommodation has been refurbished by the occupier, UCLAN. There are two entrances to the car park, from Sizer Street and Ashmoor Street and also to the service yard from Castle Street.

ACCOMMODATION
The Vendor has provided us with the following Gross Internal Area:

1618 sq m (17,416 sq ft)

OUTSIDE
Car park to the front, with 17 car spaces and 2 disabled spaces.

TENANCY
The property is occupied by UCLAN at a present rent of 110,00 per annum which expires on 12th December 2016. They have indicated a need for a further three years occupation and the Vendor is in negotiations with them about renewal terms.

The position with UCLAN is that they've requested a 3 year lease and LCC have offered a lease for 3 years from 12th December 2016; but subject to Landlord's options to break on 1st May 2018, 1st November 2018 and 1st May 2019 (in each case giving 6 months prior written notice to break). The lease is on FR&I terms and the rental is fixed at 110,000 per annum payable half yearly

TENURE
Freehold.

SITE AREA
Approximately 0.46 Hectares (1.13 Acres)

PLANNING
Whilst the property is currently occupied longer term should it become vacant the location suggests development potential subject to obtaining consents. Interested parties should consult with the Local Planning Office, Preston City Council, Lancasteria House, 77-79 Lancaster Road, Preston PR1 2RH. Tel: 01772 906581 Interested parties should consult direct with the Local Planning Office.

VIEWING
Pugh & Company, 5 Lockside Office Park, Lockside Road, Preston, PR2 2YS. Tel: 01772 722444, Fax: 01772 722555.

GENERAL
The purchaser will be expected to pay 3% of the sale price towards the Vendors Legal and Surveyors fees.


Nearest stations

  • Preston (0.8 mi)
  • Lostock Hall (3.1 mi)
  • Bamber Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pugh and Company in partnership with The Auction People, Newton-Le-Willows

4 The Parks, Newton-Le-Willows, WA12 0JQ

01942 580136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Preston (0.8 mi)
  • Lostock Hall (3.1 mi)
  • Bamber Bridge (3.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pugh and Company in partnership with The Auction People, Newton-Le-Willows

4 The Parks, Newton-Le-Willows, WA12 0JQ

01942 580136 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 41970. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pugh and Company in partnership with The Auction People, Newton-Le-Willows. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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