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Norwest Court Guildhall St

23,160 SF 65% Leased Office Building Preston PR1 3NU $1,235,867 ($53/SF)

Investment Highlights

  • Excellent connectivity being located within the commercial district.
  • Recent refurbishment providing modern office accommodation.
  • Easy access to Preston train station and Junction 31 of the M6 Motorway

Executive Summary

The property's long leasehold for a term of 999 years at a peppercorn rent expiring in 2728 is available with offers in excess of £975,000.
Majority of the accommodation provided is with vacant possession with full VP strategy in place. The current rental income of £66,229 pa.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
23,160 SF
Building Class
B
Year Built
1978
Price
$1,235,867
Price Per SF
$53
Percent Leased
65%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
2,895 SF
Building FAR
0.53
Lot Size
1.00 AC

Amenities

  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Accent Lighting
  • Energy Performance Rating - D
  • Reception
  • Storage Space
  • Central Heating
  • DDA Compliant
  • Direct Elevator Exposure
  • Open-Plan
  • Drop Ceiling
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Basement
  • 1,595 SF
  • Office
  • Full Build-Out
  • Now

Office accommodation located on the lower ground floor of Norwest Court in Preston.

  • 1st Floor
  • 3,303 SF
  • Office
  • Full Build-Out
  • Now

Office accommodation located on the first floor of Norwest Court in Preston.

  • 2nd Floor
  • 3,311 SF
  • Office
  • Full Build-Out
  • Now

Office accommodation located on the second floor of Norwest Court in Preston.

Space Size Space Use Condition Available
Basement 1,595 SF Office Full Build-Out Now
1st Floor 3,303 SF Office Full Build-Out Now
2nd Floor 3,311 SF Office Full Build-Out Now

Basement

Size
1,595 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
3,303 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
3,311 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Basement

Size 1,595 SF
Space Use Office
Condition Full Build-Out
Available Now

Office accommodation located on the lower ground floor of Norwest Court in Preston.

1st Floor

Size 3,303 SF
Space Use Office
Condition Full Build-Out
Available Now

Office accommodation located on the first floor of Norwest Court in Preston.

2nd Floor

Size 3,311 SF
Space Use Office
Condition Full Build-Out
Available Now

Office accommodation located on the second floor of Norwest Court in Preston.

  • Listing ID: 34131564

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: Guildhall St, Preston PR1 3NU

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