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)
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:
T: 01772 906912
E: planningdept@preston.gov.uk
