Perpignan Way, St. Nicholas Arcades, Lancaster, LA1 1NE

Location

Lancaster, one of England's 13 Heritage Cities, has a City Centre population of 48,085 with a Local Authority population of 48,085 (source: ONS - 2021 Census). Lancaster University, ranked in the UK's Top 10 Universities by the Guardian for 2021, is home to almost 17,000 students with almost a third of those being from overseas.

Anchored by Next and Boots, St Nics is a covered, un-gated scheme that merges into prime Penny Street and benefits from a 300 space undercroft car park. The occupier line up offers a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass and HMV amongst others.

The subject premises are in a prominent corner location adjacent to Trespass, opposite The Entertainer and by the car park access.

Description

Located in the heart of Lancaster, one of England's 13 Heritage Cities, this prime retail property is now available to let, presenting a fantastic opportunity for businesses. he premises are strategically situated in a prominent corner location within St Nics, a covered, un-gated shopping centre anchored by Next and Boots and merged into the prime retail street, Penny Street. Benefiting from a 300-space under croft car park and surrounded by a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass, and HMV, the subject premises offer considerable commercial appeal with a ground floor area of 890 Sq ft and a first-floor area of 779 Sq ft, making it an excellent opportunity for a business aiming to capitalize on the high foot traffic and dynamic retail environment of Lancaster's city centre.

Accommodation Text

The premises comprise the following net internal floor areas:

Ground Floor Area - 890 sq ft
First Floor Area - 779 sq ft

EPC Information

The property has an EPC rating of 107 (E). A copy of the EPC is available upon request.

Lease Terms

The shop unit is available on a new effectively full repairing and insuring lease.