Investment - Devlp. Potential

THE GUILD TOWER, CHURCH ROW, OFF LORDS WALK, PRESTON

For Sale £3,500,000 offers in excess of

  • PRIME CITY CENTRE LOCATION
  • DEVELOPMENT POTENTIAL SUBJECT TO PLANNING PERMISSION
  • CURRENTLY VACANT OFFICES WITH TENANTED LEISURE FACILITY INCLUDED- TRADING AS 'LEVEL'
  • GUILD TOWER IS CONNECTED TO THE MULTI STOREY CAR PARK NEXT DOOR BY WAY OF A COVERED BRIDGE
  • OPEN PLAN OFFICES TOTAL NIA APPROX 70, 560 SQ FT OVER 14 FLOORS
  • FAR REACHING CITY VIEWS
  • VIEWING ESSENTIAL

Description

The total NIA of the vacant offices is approximately 70,560 SQ FT, with the accommodation spread over 14 floors of 5040 sq ft. The accommodation has excellent far-reaching views across the City Centre. There is also a lift to all floors. To the lower floors is a leisure facility which is currently trading as 'Level' with bowling alley, arcade, restaurant and sports bar. The tenants are agreeable to a new 10 Year lease on completion of the sale at a rent of £100,000 per annum exclusive with 5 years rent free. Full information is available on request. The Guild Tower is also connected to the car park by a covered bridge. Planning permission has formerly been granted for 105 serviced apartments (Class C1), casino (sui generis) and health spa and gym(class D2) and external alterations.
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