Development Site Suitable For Various Uses, Land at Marsh Lane, Preston, PR1 2XH

The property comprises a development site located within Preston City Centre. It is irregular in shape and extends to circa 0.09 acre. We understand that a section of the site was formerly a small garage, albeit this has now been demolished and this section of the site is cleared and fenced off with metal palisade fencing to the rear and side. Adjacent to this, and also within the site boundary is a two storey building of brick construction. This is in a dilapidated condition and we consider it may require demolition. We were unable to access the building due to its poor condition.

Location

The property is located on Marsh Lane, in Preston City Centre, which is located just off Friargate, which is one of Preston’s main areas for nightlife, with a range of local bars, take-aways and other local businesses. In addition, The University of Central Lancashire’s main campus is located within close proximity. The surrounding area has been re-developed in recent years, with many of the surrounding uses now comprising student halls of residents. Adjacent to the site and to the rear, is a large development comprising circa 300 student bedrooms and located opposite is a further, older halls of residents and a car park.

Accommodation

Size - approximately 0.09 Acre (0.036 Hectare)

Terms

OFFER TERMS - Interested parties should submit their offer with the following information:

In submitting your offer please confirm the below:
1. Purchasing entity.
2. Purchase price.
3. Conditions (if any).
4. Finance (including proof of funding).
5. Timetable for acquisition.

VAT - All figures quoted are exclusive of VAT.

PRICE - Unconditional offers are invited in the region of £340,000.

LEGAL COSTS - Each party will be responsible for their own legal costs.

Specification