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Common Garden Street, Lancaster - For Sale
Lancaster is a busy University City and the principle town of North Lancashire. Well placed adjacent to the M6 motorway, it is approximately equidistant from Preston to the south and Kendal to the north, which are about 20 miles away. The population for the district is in excess of 130,000 and the city has a population of more than 45,000 with a substantially higher shopping catchment. Common Garden Street is a good secondary trading location just off the citys busy central one way system, immediately opposite the Marketgate shopping development which is the subject of a multi-million pound redevelopment including a new Primark store. Current neighbours include a bridal shop, Carpet Right and New Look.
Ground floor lock up shop located within a traditional stone and slate end terraced building. Suited to a wide variety of retail users which would benefit from a high profile self advertising position, the ground floor at present consists of a single retail area of nearly 500 sq ft, although this could be almost doubled in size (subject to lease) to create nearly 1000 sq ft of retail space or extended to create separate rear office space on request. There is a generous basement providing kitchen and wc facilities as well as good storage space.
For the whole 1500 sq ft space the Rent will be £22,000pa
Retail area of 492 sq ft (45.7m2) with possibility of 1000 sq ft (92.9m2)
Approx 485 sq ft (45m2) total.
WC in white. Kitchen base units with hand wash basin and power points. Cellar - storage room
Mains water, drainage and electricity are connected.
RENT & LEASE TERMS
Property available by way of a new full repairing and insuring lease for a term of years to be agreed at £14,000 per annum inclusive.
Extra Space Available
There is a possibility of a further 500 sq ft of space to rent bringing the asking rent to a total of £22,000 per annum.
Figures quoted are exclusive of VAT but will be subject to the same at the prevailing rate.
The ingoing tenant to be responsible for the landlords reasonable legal costs incurred in connection with the preparation of the lease.
Strictly by prior appointment with the sole agents, Fisher Wrathall,
The Old Warehouse, Castle Hill, Lancaster, LA1 1YP
Tel. 01524 69922 Fax 01524 64221,