Guide price
£450,000
Office for saleRibchester House, Lancaster Road, Preston, Lancashire PR1
Just added
Auction
Leasehold
About this property
Guide Price = £450,000+
**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Seven Storey Substantial Office Building Offered with Planning Permission to Convert to 36 Flats. Part of the Rooftop is Let to Telecommunication Companies at a Rent of £13,750 Per Annum
Tenure
Leasehold. The property is held on a 125 year lease from 2nd January 2008 (thus approximately 106 years unexpired) at a ground rent of £33,000 Per Annum.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Avenham Park are within easy reach. Transport links are provided by Preston rail station.
Description
The property comprises an office building arranged over ground and six upper floors.
Accommodation
Ground Floor
Car Parking Space for 17 Cars
First, Second, Third, Fourth, Fifth and Sixth Floors
Office Space
WCs
Total G.I.A. Approximately 21,968 sq ft.
Tenancy
Part of the roof top is subject to two tenancy agreements to telecommunication companies at an annual combined rent of £13,750 per annum
Planning
Preston City Council granted the following planning permissions:
Ref: 06/2024/0608 on 1st August 2024: 'Prior notification submission for change of use from offices (Class E) to 8no. Residential units (Class C3)'.
Ref: 06/2023/0699 on 23rd June 2023: 'Prior notification submission for change of use from offices (Class E) to residential (up to 28 units) Class C'.
**For Sale By Public Auction 11th November 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Seven Storey Substantial Office Building Offered with Planning Permission to Convert to 36 Flats. Part of the Rooftop is Let to Telecommunication Companies at a Rent of £13,750 Per Annum
Tenure
Leasehold. The property is held on a 125 year lease from 2nd January 2008 (thus approximately 106 years unexpired) at a ground rent of £33,000 Per Annum.
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Avenham Park are within easy reach. Transport links are provided by Preston rail station.
Description
The property comprises an office building arranged over ground and six upper floors.
Accommodation
Ground Floor
Car Parking Space for 17 Cars
First, Second, Third, Fourth, Fifth and Sixth Floors
Office Space
WCs
Total G.I.A. Approximately 21,968 sq ft.
Tenancy
Part of the roof top is subject to two tenancy agreements to telecommunication companies at an annual combined rent of £13,750 per annum
Planning
Preston City Council granted the following planning permissions:
Ref: 06/2024/0608 on 1st August 2024: 'Prior notification submission for change of use from offices (Class E) to 8no. Residential units (Class C3)'.
Ref: 06/2023/0699 on 23rd June 2023: 'Prior notification submission for change of use from offices (Class E) to residential (up to 28 units) Class C'.
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Monthly repayment
£2,251 per month
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