An art-deco building on Preston Docks has been snapped up by new owners.

What was the city’s Old Dock House at the junction of Watery Lane and Port Way is to be run by The Watermark.

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The firm operates two serviced office spaces in the city – The Watermark in Ribbleton Lane and Preston Enterprise Centre in Salter Street.

They specialise in providing space for businesses working in the creative and technology sectors.

Work is expected to begin shortly on refurbishing the offices, previously home to advertising form The Community Network and before that outsourcing company NCO Europe.

Sale of the building was for an undisclosed sum. It had been on the market for £800,000.

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Altaf Ali of The Watermark said: “Old Docks House is a prestigious building and we’re pleased to play our part in reviving it and giving it a new lease of life.

“We expect the work to get the building ready to take around four months, and once complete it could house as many as 20-30 businesses, offering a chance to be part of a historic building without the financial commitments required to lease or acquire it in its entirety.”

The two-storey building has 12,000 square foot of office space and has parking for 40 cars.

The Watermark were advised by Napthens on the purchase.

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Marc Appleton from the group said: “This is a truly landmark building and it’s great to see its future secured after being empty for some time.”

What do you think about the future of the Old Dock House? Any memories of working there? Let us know in the comments below