54 Market Street, Lancaster, LA1 1HS
Size
2,800
Lease length
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EPC
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Parking
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- Price per
- Primary use
- High street retail
- Other use(s)
- Out of town retail
- Frontage
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No floor / site plan
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 - £24,950 per annum exclusive
Description
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 £24,950 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.
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- Let contract length
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- Status
- Available
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- Business rates
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- Use class
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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
54 Market Street, Lancaster, LA1 1HS
About TURNER WESTWELL LIMITED, Chorley
Turner Westwell Commercial are a highly qualified Firm of General Practice Chartered Surveyors who have the highest level of accreditation in property via Royal Institution of Chartered Surveyors (RICS).
We aim to provide and deliver a premium service to our clients, at all levels. We aim to give our clients the advice they desire in order to manage and add value to their property assets.
We have over 30 years? combined experience in commercial property, delivering advice to clients at all levels, that meet the exacting standards expected by the RICS.
WE OFFER ADVICE IN FOLLOWING AREAS:
General Agency ? Sales and Lettings
Valuations ? Redbook Valuations, Pension Valuations, Probate Valuations and General Accounts Valuations
Acquisition ? Leasing and purchasing advice of property including the preparation of condition schedules to limit repair liability
Development ? Commercial, (Industrial, Office and Retail) Mixed use schemes and Residential
Rent Reviews and Lease Renewals
Property Investment Advice
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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 LIMITED, 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.