Former home of one of Preston's best known restaurants put on the market - with huge price cut
The former home of Heathcote’s Brasserie in Preston has gone on the market again - with a big price cut since 2023.
One of Preston’s best known restaurant sites has gone on the market again - with a hefty price cut.
Hazelwells are marketing 23 Winckley Square - which has been home to Heathcotes Brasserie and was formerly part of Winckley Square Convent School - calling it “a versatile property with development potential.”
The Georgian property is listed for £850,000 - down from £1.3m when it was last offered for sale in 2023.
The 11, 259 square foot building with basement dates back to 1796 and has been most recently used as a an event space under the name of 23 Winckley Square, which is part of Heathcote & Co. No reason for sale has been given, and 23 Winckley Square has not responded to enquiries from the Post.
Photographs show the premises as empty.
The agents say: “Currently configured as a commercial restaurant and event space, this period building offers a rare opportunity for investors and owner-occupiers alike. The property retains a wealth of character and charm, with classic Georgian proportions, with high ceilings providing an abundance of space throughout.
“The accommodation is versatile and well-suited to continued use within the hospitality sector, making it an ideal investment for a restaurant, events venue, or similar business seeking a prime central location.”
Draft plans
They add: “In addition, the property presents significant redevelopment potential. Draft plans have been prepared for conversion into a scheme of 16 one & two bedroom apartments, offering an attractive opportunity for residential development (subject to the necessary consents).”
Background
Paul Heathcote ran Heathcotes Brasserie at the city centre address from 1995 until 2016 when it was sold to burger restaurant company Solita.
After that closed in 2018, the venue reopened as Trinity On The Square before closing down in 2019.
In summer 2021, Paul Heathcote applied for a premises licence to host movies, live music performances and late-night refreshments.