East Cliffe Car Park, East Cliff Road, Preston, Lancashire, PR1 3JH

Upon instructions of the Fixed Charge Receivers: Car Park (Currently let at £50,000 per annum) / Development Opportunity STPP approximately 0.173 hectares (0.45 acres)


Description
Note: Best and final offers are invited before 2pm on Thursday 4th September 2025

Situated in the heart of Preston this car park offers an opportunity for both operators and developers alike.

Just a short walk from the city centre, University of Central Lancashire, Winckley Square and major transport links, the site benefits from strong existing income potential as a fully operational car park, while also offering excellent prospects for future development subject to planning.

The site extends to circa 0.183 hectares (0.45 acres) and has 67 marked bays alongside 3 reserved spaces. The car park is bounded by brick walls to East Cliff and East Cliff Road, with metal palisade fencing to the rear. There is also a small section of land included within the demise that does not form part of the car park. This is also accessed from East Cliff Road and is concrete surfaced.

The car park is currently being operated on a pay and display' basis. It is currently tenanted and we understand that vacant possession can also be provided.

Adjacent to older residential housing and near to modern apartment schemes and with a city centre location, the site is considered to have both residential and commercial development potential.

Interested Parties should obtain their own independent advice and consult direct with the Local Planning Office:

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Tenure
The property is held freehold on Titles: LAN100036 LA589776 LA506306 LA589786

Tenancies
The property is currently let to N W Car Parks Limited for a term of 5 years from 1 July 2022 at a rent of £50,000 per annum.

VAT
All figures quoted are exclusive of VAT. We understand an option to tax has been made on the land.