18 bedroom block of apartments for sale

*REDEVELOPMENT POTENTIAL- APARTMENT DEVELOPMENT OPPORTUNITY* An impressive and substantial Georgian property extending to approximately 1046 sqm (11,259 sqft), prominently positioned on the highly sought after Winckley Square in the heart of Preston City Centre.

Currently configured as a commercial restaurant and event space, this period building offers a rare opportunity for investors and owner-occupiers alike. The property retains a wealth of character and charm, with classic Georgian proportions, with high ceilings providing an abundance of space throughout.

The accommodation is versatile and well-suited to continued use within the hospitality sector, making it an ideal investment for a restaurant, events venue, or similar business seeking a prime central location.

In addition, the property presents significant redevelopment potential. Draft plans have been prepared for conversion into a scheme of 16 one & two bedroom apartments, offering an attractive opportunity for residential development (subject to the necessary consents).

Winckley Square is widely regarded as one of Preston’s most desirable locations, set within a conservation area and surrounded by a mix of professional, commercial, and residential occupiers. The property benefits from immediate access to the city centre amenities, is adjacent to the beautiful Avenham and Miller Parks, and is within a short walking distance of Preston train station, providing excellent connectivity.

Tenure: Freehold

EPC: C (Restaurant) E (Office)

No onward chain

A rare opportunity to acquire a landmark building in a prime city centre location with both strong investment credentials and future development potential.