Church Street, City Centre, Lancaster, LA1 1NP
£169.75 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,620 sq ft
151 sq m
- SECTOR
Shop for sale
Key features
- Popular Lancaster City Centre Location
- Ground Floor Commercial Let
- Student Accommodation above
- Commercial Rent £7,920 per annum
- Student Gross Circa £25,000 PA When Fully Let
- Rear Garage & Basement Storage
- Adjacent to St Nics Shopping Centre
- Virtual Tour Available Upon Serious Enquiry
- Viewing Strongly Recommended
- Viewing Access Via Agent
Description
City centre location adjacent all amenities and ideally placed for access to the bus station to Lancaster University and University of Cumbria.
Description
Traditional end terraced premises with commercial retail unit on the ground floor and 4 bedroomed student apartment above over 2 floors. The ground floor and basement is let to Car Audio including the Garage behind.
Commercial lease now 'rolling' with either party serving a 3 month notice period. Currently generating £7,920 per annum. Annual rent reviews carried out at the end of March.
The studio accommodation is currently not yet let for the academic year 2025/2026.
Overall gross income when fully let in the region of £32,880 per annum for the academic year ending September 2025.
Accommodation Text
Ground Floor Commercial Unit numbered 14 let to Car Audio including Sales Shop. Ante Room, Basement and Rear Garage providing wet weather working cover.
Ground Floor separate front access to living accommodation with stairs leading to first and second floors providing 4 bedrooms, 2 showerrooms and good living kitchen.
Services
All mains services available with gas central heating to the living accommodation.
Lease Terms
Commercial tenant lease now 'rolling' with option to break providing 3 months notice.
VAT
Prices are exclusive but may be liable to VAT.
Legal Costs
Each party responsible for their own legal costs.
Brochures
Church Street, City Centre, Lancaster, LA1 1NP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancaster Station0.3 miles
- Bare Lane Station2.3 miles
- Morecambe Station3.2 miles
Notes
Disclaimer - Property reference 18198444FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisher Wrathall Commercial, Lancaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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