100-year-old convent brought to market with bids expected to start at £2m
A Preston convent built 100 years ago has been brought to market with a guide price for offers or around £2m.
CBRE’s operational real estate team in Manchester has been instructed to sell the site which extends to around 4.81 acres.
The Carmelite Monastery is located in the town of Fulwood and the team says it offers a unique property and development opportunity, subject to planning.
The freehold site on St Vincent’s Road comprises a vacant two- and part three-storey monastery with the chapel, choir rooms and refractory, along with residential accommodation providing approximately 20 bedrooms with lounge area, kitchen and ancillary rooms.
To the rear of the property there is extensive and enclosed grounds with a small pond, allotment and some mature trees. The self contained lodge house sits at the current entrance and includes two large bedrooms.
Shaun Skidmore, senior director of the CBRE team, said: “This is a unique property in an attractive setting in the desirable Fulwood area of Preston which is suitable for redevelopment for a variety of uses including care and/or nursing home, senior living, education facility and residential, subject to planning consent.”
Carmelite Convent fronts St Vincent’s Road and Corpus Christi Catholic High School sports field and is just under two miles north of Preston city centre.
It is close to the motorway networks including M55 (J42) and M6 (J32), with access to major urban centres such as Preston, Bolton and Manchester.
It is also close to the local railway networks of Chorley, Blackpool North, Blackburn, Manchester Piccadilly, and Liverpool Lime Street and just over an hour to Manchester Airport.
The opportunity is bound by St Vincent’s Road and Corpus Christi Catholic High School to the north, detached residential housing to the east, vacant greenfield land to the south and further residential living space to the west.
Shaun Skidmore added: “This is a rare property and development opportunity in Preston for prospective investors and developers and we anticipate a lot of interest in the site.”