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North Road, Lancaster - Under Offer
The unit is situated on Lancasters busy one way system, offering an excellent self advertising position. The property is within easy walking distance of the main shopping centre and a public car park is in immediate proximity. The area is predominately commercial in nature, comprising of other retailers and office users.
A prominently sited retail unit available as a ground floor space extending to 627 sq ft, with the option to extend to 1,056 sq ft or to encompass the upper floors, totalling 2,500 sq ft. Landlord to undertake any necessary works of division.
Front retail area - 627 sq ft
Rear retail area (if taken) - 429 sq ft
First floor (if taken) - 656 sq ft
Second floor (if taken) - 656 sq ft
If taken as a 627 sq ft space - £12,000 per annum.
If taken as a 1,056 sq ft space - £15,000 per annum.
If taken as a whole - £18,000 per annum.
Mains services connected or available.
To let on a new lease for a period of years to be agreed. Full repairing terms will apply if the property is taken as a whole, internal repairing terms apply if taken in part.
2017 Rateable value of the whole premises - £10,750. In the event of a split, the property will require reassessment.
All figures quoted are exclusive of, but subject to VAT at the prevailing rate.
The ingoing tenant will be responsible for the landlords reasonable legal costs incurred in the preparation of the lease.