Winckley Square, Preston PR1

Property Details: - Type: Block of apartments - Bedrooms: 18 - Bathrooms: 16

Agent: Hazelwells Estate Agents - Preston Phone: 01772 937033

<br/><p>*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.</p><p>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.</p><p>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.</p><p>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).</p><p>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.</p><p>Tenure: Freehold</p><p>EPC: C (Restaurant) E (Office)</p><p>No onward chain</p><p>A rare opportunity to acquire a landmark building in a prime city centre location with both strong investment credentials and future development potential.</p><p><br/></p><br/><br/>Tenure: Freehold