£1,700,000

Property for sale

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Freehold

£1,700,000

(£115.06/sq. ft)

Property for sale

Derby House, 12 Winckley Square, Preston PR1

14,775 sq. ft

Local area information

Property location

Nearby amenities

  • Imam Muhammad Zakariya School 0.1 miles
  • Preston (Lancs) 0.2 miles
  • St Augustine's Catholic Primary School 0.4 miles
  • Lostock Hall 2.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Preston to find out more about the local area.

Features and description

  • Freehold
  • For sale - Prime office location on Winckley Square, Preston
  • 14,775 sq. Ft. Multi Let Office Investment
  • £1,700,000 (£115 psf)
  • Currently producing net rent of £158,364 pa
  • Net initial yield of 8.9% (assuming purchaser's costs of 4.93%)
The prestigious and ideally located Derby House fronts the eastern corner of Winckley Square, Preston's prime office location. The property has been refurbished by the current owners to a high standard throughout without 11 individual office suites within the property.

The property is arranged over 4 floors and benefits from 32 car parking spaces available on site. The tenants all occupy on effective full repairing and insuring terms.

Access to the building is through the shared entrance with passenger lift to the all floors.

The office suites range from 359 sq. Ft up to 2,834 sq. Ft. A full tenancy schedule is available on request.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Preston
  5. Winckley Square