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Common Garden Street, Lancaster - For Sale

Retail
Guide Price £15,000 pa
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    TO LET - A prominent self advertising shop unit in central location opposite the new Primark location. This is offered to let with a ground floor retail area of approx 492 sq ft (45.7m2) or possibility of 1000 sq ft for the right tenant. Basement facilities and excellent storage.

    LOCATION
    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.

    DESCRIPTION
    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

    ACCOMMODATION
    Ground Floor
    Retail area of 492 sq ft (45.7m2) with possibility of 1000 sq ft (92.9m2)

    Basement
    Approx 485 sq ft (45m2) total.
    WC in white. Kitchen base units with hand wash basin and power points. Cellar - storage room

    SERVICES
    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.

    VAT
    Figures quoted are exclusive of VAT but will be subject to the same at the prevailing rate.

    LEGAL COSTS
    The ingoing tenant to be responsible for the landlords reasonable legal costs incurred in connection with the preparation of the lease.

    VIEWING
    Strictly by prior appointment with the sole agents, Fisher Wrathall,
    The Old Warehouse, Castle Hill, Lancaster, LA1 1YP
    Tel. 01524 69922 Fax 01524 64221,
    e-mail commercial@fisherwrathall.co.uk

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