3 Orchard Street Preston Lancashire PR1 2EN

3 Orchard Street
Preston
Lancashire
PR1 2EN

Freehold Retail and Office Opportunity

  • Pedestrianised town centre location
  • Close to St George’s Shopping Centre and the popular Covered Market
  • Outstanding dilapidations available
  • Nearby occupiers include Caffè Nero, McDonald’s, Wilko, Card Factory and Halifax
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    82
  • Auction
    8th December 2016
  • Vacant Possession
  • Status
    Sold
  • Price
    £286,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Receivers at CBRE
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Office Opportunity

  • Pedestrianised town centre location
  • Close to St George’s Shopping Centre and the popular Covered Market
  • Outstanding dilapidations available
  • Nearby occupiers include Caffè Nero, McDonald’s, Wilko, Card Factory and Halifax
  • Asset Management Opportunities
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 82
  • Auction 8th December 2016
  • Vacant Possession
  • Status Sold
  • Price £286,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On Behalf of Receivers at CBRE

Property Information

Location
Miles
28 miles north-east of Liverpool
30 miles north-west of Manchester
Roads
A6, A59, M6 (Junction 37), M65 (Junction 1)
Rail
Preston Railway Station
Air
Blackpool International Airport, Liverpool John Lennon
Airport, Manchester Airport
Situation

The property is situated on the west side of pedestrianised Orchard Street in a prominent trading location in the heart of Preston town centre. The property is close to St George's Shopping Centre which houses occupiers including Marks & Spencer, H&M, WH Smith, Swarovski and Superdrug. The property further benefits from being situated close to the popular Covered Market located at the end of Orchard Street and other nearby occupiers including Caffè Nero, McDonald’s, Wilko, Card Factory and Halifax.

Tenure

Freehold.

Location
Miles
28 miles north-east of Liverpool
30 miles north-west of Manchester
Roads
A6, A59, M6 (Junction 37), M65 (Junction 1)
Rail
Preston Railway Station
Air
Blackpool International Airport, Liverpool John Lennon
Airport, Manchester Airport
Situation

The property is situated on the west side of pedestrianised Orchard Street in a prominent trading location in the heart of Preston town centre. The property is close to St George's Shopping Centre which houses occupiers including Marks & Spencer, H&M, WH Smith, Swarovski and Superdrug. The property further benefits from being situated close to the popular Covered Market located at the end of Orchard Street and other nearby occupiers including Caffè Nero, McDonald’s, Wilko, Card Factory and Halifax.

Tenure

Freehold.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on part first floor and basement. There is additional self-contained office accommodation on the first and
second floors accessed from Orchard Street.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises ground floor retail accommodation with ancillary accommodation on part first floor and basement. There is additional self-contained office accommodation on the first and
second floors accessed from Orchard Street.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Fixed Charge Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Fixed Charge Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Fixed Charge Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx)  
Ground
Basement
Part First
Retail/Ancillary
Ancillary
Ancillary
156.90 sq m
95.40 sq m
30.90 sq m
(1,689 sq ft)
(1,027 sq ft)
(333 sq ft)
VACANT
First
Second
Office/Ancillary
Office/Ancillary
106.20 sq m
145.30 sq m
(1,143 sq ft)
(1,564 sq ft)
VACANT
Totals  
534.70 sq m
(5,756 sq ft)
 

Property Documents

  • Site Plan
    Updated Date
    29.10.19
    File Size
    87 KB
    View PDF
  • Catalogue Page
    Updated Date
    29.10.19
    File Size
    556 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Associate Auctioneers
Ockleston Bailey Refuge House, 33-37 Watergate Row
Chester
CH1 2LE
Hugh Ockleston 01244 403444hugh@ocklestonbailey.co.uk
Seller's Solicitors
Walker Morris LLP Kings Court, 12 King Street
Leeds
LS1 2HL
Emma Collins 0113 283 2694emma.collins@walkermorris.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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