Kings Arcade, King Street, Lancaster, Lancashire, LA1 1LE
Size
7,880
Tenure
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EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Mixed use
- Extending to 732 square meters (7,880 square feet)
- Rare investment opportunity
Description
Freehold sale by auction on 10th December 2025 - Guide price of £1.1 M.
Secure rental income: - currently over £103k with clear potential for in excess of £117k per annum
The property is located in the heart of Lancaster, on the corner of King Street and Middle Street, close to national multiples such as Tesco, Primark and J D Wetherspoon, and within walking distance of a mix of retail and residential properties, most notably the Market Gate Shopping Centre.
Lancaster is a thriving university city, home to two major campuses - Lancaster University, consistently ranked among the top 10 universities in the UK, and the University of Cumbria's Lancaster Campus, situated close to the city centre.
Nearby attractions include Lancaster Castle and Lancaster Cathedral, both approximately 5 minutes' walk away. Lancaster is roughly equidistant between Blackpool and Kendal in the Lake District (20-25 miles away) and is just over 50 miles north of Manchester. This property benefits from excellent transport connections, with Lancaster's main railway station close by and very easy access to Junctions 33 and 34 of the M6 motorway.
The city is a strategically significant commercial centre, which together with its neighbouring towns, provides a substantial catchment population of approximately 145,000 residents.
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- Business rates
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- Use class
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- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
Kings Arcade, King Street, Lancaster, Lancashire, LA1 1LE
About Legat Owen, Chester
Legat Owen is a multi-disciplinary, general practice firm of Chartered Surveyors established in 1986 with a head office in Chester.
We offer a full range of services including agency (industrial, office, retail/roadside/leisure, investment & land/development), property management, landlord & tenant, valuation, building surveying, development consultancy and rating. As a multi-disciplinary commercial property consultant, departments work alongside one another to provide a full complement of services to our clients as required.
Geographically, the practice acts across the whole of the UK with particular emphasis on the North West of England and Wales.
For the future, the company will continue to concentrate on its core strengths of delivering expert property advice on a personalised basis.
As a testament to these values, the Directors and staff are proud of the fact that we are still involved with many of the clients for whom we first acted for nearly forty years ago.
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Disclaimer - Property reference 9160FH. 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 Legat Owen, Chester. 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.