{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"746606415220225","summary":"Freehold Shop Investment located on Penny Street, an established trading location in Lancaster. Let on a lease expiring 2032 at £32,000 per annum","archived":true,"description":"The property is arranged over basement, ground and three upper floors to provide a cafe with ancullary accommodation.

Let to R Nangial on a full repairing and insuring (FRI) lease for a term of 10 years from 16 August 2022 at £32,000 per annum.

(1)The lease provides for a tenant break option and rent review at the 5th anniversary

The property occupies a prime position on Penny Street, Lancaster’s principal pedestrianised retail pitch, in the heart of the city centre. Penny Street is the main shopping thoroughfare, linking Market Street and Cheapside, and benefits from consistently high footfall. The surrounding area comprises a strong mix of national and independent retailers, cafés and service occupiers, with Lancaster Castle, the Market Square and The Storey all close by.

Nearby occupiers include Clarks and Ernest Jones (both adjacent), Vision Express (opposite), Holland & Barrett, Santander, Halifax and JD Sport amongst others.

Lancaster Railway Station is within walking distance, providing direct services to Preston, Manchester and London Euston.

The city is well connected by road via Junctions 33 and 34 of the M6 motorway, offering access throughout the North West.

Lancaster city centre also benefits from a comprehensive local and regional bus network, with stops located close to the property.","disclaimer":{"raw":"Disclaimer - Property reference 385980A3-DE2F-413E-B5C3-AE93F072AC22. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Savills National , Savills Auctions- Commercial. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Freehold Shop Investment","Well positioned on Penny Street an established trading location","Nearby occupiers include Clarks, Ernest Jones & Vision Express amongst others","Arranged over 2,660 sq ft","Let on a lease expiring 2032(1)","VAT is applicable","Investment let at £32,000 p.a. (12.8% GIY on Guide Price)"],"environment":{"epcRating":"A","breeamRating":0,"environmentalDescription":null},"pricing":{"price":250000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/b65dfaac2/746606415220225/b65dfaac219a8e6d604f9548b3f5ae27.pdf","description":""}],"photos":[{"uri":"property-photo/b821f2b64/746606415220225/b821f2b64e1e5cb5a923b0989222f663.jpeg","description":""},{"uri":"property-photo/e1fff09f8/746606415220225/e1fff09f823fafe95186a636b9c78f35.jpeg","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":2660,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"14 Penny Street, Lancaster","showMap":true,"postcode":{"incode":"1UA","outcode":"LA1"},"streetView":null,"latitude":54.048296,"longitude":-2.799732},"nearestStations":[{"distance":0.32203266389380103,"name":"Lancaster Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.364142024902083,"name":"Bare Lane Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":3.220203647251432,"name":"Morecambe Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Savills National , Savills Auctions- Commercial","email":null,"profileUrl":"/estate-agents/agent/Savills/Savills-Auctions--Commercial-238697.html","logo":"/partner-logo/11692847-LOGO-1765963956.jpeg","id":238697,"description":"","telephoneNumber":"020 3834 8097","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Savills/Savills-Auctions--Commercial.html?locationIdentifier=BRANCH%5E238697&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OTHER","propertyClassificationType":"OTHER","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":"2026-04-09","serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}},"mediaParams":{"mediaType":"photos","mediaIndex":0}}},"actionData":null,"errors":null}