High street retail property to lease
54 Market Street, Lancaster, LA1 1HS
£2,375 pcm
£28,500 pa
£10.18 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,800 sq ft
260 sq m
- SECTOR
High street retail property to lease
Lease details
- Lease available date:
- Ask agent
Key features
- Prominent Retail Unit
- Ground, first and second floor accommodation
- Located on the busy pedestrianised Market Street, close to Lancaster City Museum
- Nearby occupiers include Entwistle Green, The Salvation Army, Lloyds TSB and Nando's
- Short walking distance from St Nic's Shopping Centre and Lancaster Train Station
- Many other independent shops, cafes and restaurants in immediate vicinity
- Attractive feature stone property - suitable for a range of uses (subject to planning permission)
- Open-plan accommodation with internal ramped access Well presented accommodation
- Storage and ancillary/staff welfare facilities to upper floors
- New Lease - £28,500 per annum exclusive
Description
Location
The property is located in the centre of Lancaster, the historic cathedral city. Lancaster boasts two universities and benefits from a thriving student population. The property fronts Market Street, which is a busy, pedestrianised thoroughfare which joins King Street (A6) and Penny Street/Cheapside. Lancaster Train Station is approximately 250 metres west, whilst the bus station is 300 metres to the north-east. St Nic's Shopping Centre is 200 metres west. Nearby occupiers include Entwistle Green, The Salvation Army, Lloyds TSB and Nando's. The centre of Lancaster is home to a wide range of independent retailers, cafes, restaurants and bars/pubs. Lancaster City Centre Museum is situated 50 metres from the property.
Description
Comprising a three-storey mid-terraced retail shop of traditional stone construction.
The accommodation extends to approximately 2,800 sq ft and provides for open-plan retail space at ground floor level, together with ancillary storage and welfare facilities at first and second floor.
Pedestrian access to the retail space is gained via a centralised door set within a feature timber framed recessed display window.
The unit has laminate and carpet floor coverings throughout, fluorescent and LED lighting.
Services
The mains services connected to the property include water supply, 3-phase electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.
Lease Terms & Rental
Available on Tenant's Full Repairing and Insuring lease for a term of years to be agreed.
The rental is £28,500 per annum exclusive.
VAT
VAT is applicable at the prevailing rate.
Use
The premises fall under Class E use, allowing for a flexible range of commercial uses, including retail, office, medical, cafe/restaurant and other service-orientated activities. It is the responsibility of the Tenant to verify their intended use of the property is suitable and acceptable to the Local Planning Authority (Lancaster City Council).
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
An Energy Performance Certificate (EPC) has been commissioned and a copy of the Report is available on request.
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
The property is located in the centre of Lancaster, the historic cathedral city. Lancaster boasts two universities and benefits from a thriving student population. The property fronts Market Street, which is a busy, pedestrianised thoroughfare which joins King Street (A6) and Penny Street/Cheapside. Lancaster Train Station is approximately 250 metres west, whilst the bus station is 300 metres to the north-east. St Nic's Shopping Centre is 200 metres west. Nearby occupiers include Entwistle Green, The Salvation Army, Lloyds TSB and Nando's. The centre of Lancaster is home to a wide range of independent retailers, cafes, restaurants and bars/pubs. Lancaster City Centre Museum is situated 50 metres from the property.
Description
Comprising a three-storey mid-terraced retail shop of traditional stone construction.
The accommodation extends to approximately 2,800 sq ft and provides for open-plan retail space at ground floor level, together with ancillary storage and welfare facilities at first and second floor.
Pedestrian access to the retail space is gained via a centralised door set within a feature timber framed recessed display window.
The unit has laminate and carpet floor coverings throughout, fluorescent and LED lighting.
Services
The mains services connected to the property include water supply, 3-phase electricity supply and of course, mains drainage. Please note that Turner Westwell Commercial Agents have not tested any of the service installations or appliances connected to the property.
Lease Terms & Rental
Available on Tenant's Full Repairing and Insuring lease for a term of years to be agreed.
The rental is £28,500 per annum exclusive.
VAT
VAT is applicable at the prevailing rate.
Use
The premises fall under Class E use, allowing for a flexible range of commercial uses, including retail, office, medical, cafe/restaurant and other service-orientated activities. It is the responsibility of the Tenant to verify their intended use of the property is suitable and acceptable to the Local Planning Authority (Lancaster City Council).
Anti-Money Laundering (AML)
In accordance with the Criminal Finances Act 2017 and the regulations set by HMRC and RICS, Turner Westwell Commercial Agents must perform AML due diligence for all clients, as well as for buyers and tenants involved in any transaction. This means we will need to gather personal, detailed financial and corporate information before we can finalise any transaction.
Legal Costs
Each party are responsible for their own legal costs involved in the transaction.
EPC
An Energy Performance Certificate (EPC) has been commissioned and a copy of the Report is available on request.
Viewings
Strictly by appointment with the sole agents TURNER WESTWELL COMMERCIAL AGENTS.
Brochures
54 Market Street, Lancaster, LA1 1HS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lancaster Station0.2 miles
- Bare Lane Station2.3 miles
- Morecambe Station3.1 miles
About Turner Westwell Commercial Agents, Chorley
St. Georges House, St. Georges Street, Chorley, PR7 2AANotes
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Disclaimer - Property reference 2302LH. 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 Turner Westwell Commercial Agents, Chorley. 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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