TypeOffice Investments · Leisure & Hotel Investments · Mixed Portfolio Investments · Development - Residential · Office Development Land · Leisure Development Land

PR1 The Guild Tower, Lords Walk, Preston

TenureFor sale

The Guild Tower, Lords Walk, Preston, PR1 1/1

Specification

Building size
Building size 70,540 sqm
Property type
Property type Office Investments · Leisure & Hotel Investments · Mixed Portfolio Investments · Development - Residential · Office Development Land · Leisure Development Land
Tenure
Tenure For sale

Description

We are delighted to have been instructed to act on behalf of the vendors in relation to the sale of this prime tower building known as the Guild Towerrr in the heart of Preston City Centre. The Guild Tower is an iconic building in the City Centre and this is a unique opportunity. The accommodation would suit various uses subject to planning permission. 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 Levelll 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.

Location

The Guild Tower is located in Preston City centre and next to a Multi Storey car park and Bus Station and is a prime location. The ground floor main reception entrance for the offices is via Church Row, just off Lords Walk. Level has its own access. The city centre provides a wealth of amenities and facilities, shops and lunch time eateries. Located close to the A59 Ring Road, the A59 also connects onto the A6 and toward J31 of the M6 motorway. This is an easily accessible location, providing excellent bus and car links as well as the Railway.

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