Lot 3 - Cross House, Market Place, Garstang, Preston, Lancashire, PR3 1ZA
- Unconditional Online Auction Sale
- Guide Price* : £135,000 plus
- Town Centre Commercial Premises
- Redevelopment STPP or Renovation Opportunity
- Approximately 150.16 sq. m (1,616 sq. ft)
- Prominent location
On Behalf of the Mortgagee in Possession: Vacant two story mid-terrace commercial premises approximately 150.16 sq. m (1,616 sq. ft) with development potential STPP
Description
The property comprises a two storey mid-terrace building of traditional construction, with both brick and stone elevations under a pitched slate roof. It comprises a former solicitors office with retail/sales offices to part of the ground floor with a small kitchen area at the rear. A staircase leads to the first floor which has a landing, which is large enough for use as additional storage and there are three separate office rooms, plus a WC. There also attic space used as storage above, which whilst covering the whole of the first floor does have areas of restricted head room due to the roof slope.
There is a rear access to the former solicitor’s office through a side door into the kitchen, which opens onto the alleyway that runs down the side of the property.
The property is considered to have development potential subject to obtaining the necessary consents. Interested parties should consult direct with the Local Planning Office at Wyre Council (Tel: 01253 891000). Refurbishment is required.
In addition the freehold includes the adjacent cafe premises on the ground floor, together with additional accommodation over two storeys at the rear, but note that this is subject to a 999 year lease from 1st February 2006 at a peppercorn rent.
Location
The property is located in the centre of Garstang, a well-regarded market town, located 13 miles to the East of Blackpool, 10 miles south of Lancaster and 10 miles to the north of Preston. As a location for a commercial property, it offers both local and tourist footfall, with the town having a popular high street, regular market days and the town has a wider appeal underpinned by being near to the Forest of Bowland, opportunities for outdoor activities, the agricultural show and transport links with east commuting to both Preston and Lancaster.
Access to the motorway network is within 5 miles at Junction 33 of the M6 and 7 miles to the south at Junction 1 of the M55. National mainline rail connections are available at Preston and Lancaster.
The property is situated at the junction of High Street and Bridge Street in a prominent location.
The immediate surrounding area is a mixture of commercial units as well as residential. In the vicinity there are independent businesses including pubs, takeaways, bakeries, charity shops and travel agents.
Tenure
Freehold under title number LAN76411.
Accommodation
Ground Floor:
Retail/Office - 24.53 sq. ft (264 sq. m)
Store - 1.80 sq. ft (19 sq. m)
Kitchen - 4.19 sq. ft (45 sq. m)
Sub Total - 30.52 sq. ft (328 sq. m)
First Floor:
Offices, WC - 59.45 sq. ft (640 sq. m)
Attic:
Storage - 60.19 sq. ft (648 sq. m)
TOTAL- 150.16 sq. ft (1,616 sq. m)
Outside
There is a small yard used as a bin store at the rear of the property.
EPC
Energy Asset Rating is E
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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