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Chartered Surveyors Commercial Property Consultants Valuers 66 Market Street Lancaster LA1 1HP Prominent Position Development Potential (STPP) Extensive Sales Accommodation ATTRACTIVE RETAIL PREMISES 205 m² ( 2,206 ft² ) www.eckersleyproperty.co.uk

ATTRACTIVE RETAIL PREMISES - Eckersley · including Waterstones, The Royal Kings Arms Hotel, The Robert Gillow and The Merchants Public Houses as well as the Storey Institute Centre

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Page 1: ATTRACTIVE RETAIL PREMISES - Eckersley · including Waterstones, The Royal Kings Arms Hotel, The Robert Gillow and The Merchants Public Houses as well as the Storey Institute Centre

Chartered SurveyorsCommercial Property ConsultantsValuers

66 Market StreetLancasterLA1 1HP

Prominent PositionDevelopment Potential (STPP)Extensive Sales Accommodation

ATTRACTIVE RETAIL PREMISES205 m² ( 2,206 ft² )

www.eckersleyproperty.co.uk

Page 2: ATTRACTIVE RETAIL PREMISES - Eckersley · including Waterstones, The Royal Kings Arms Hotel, The Robert Gillow and The Merchants Public Houses as well as the Storey Institute Centre

LocationThe property is situated at the end of a parade ofshops fronting Market Street close to its junctionwith China Street which forms part of the one-waysystem encircling Lancaster city centre. MarketStreet is the main thoroughfare linking the citycentre to Lancaster Railway Station and LancasterCastle.

The vicinity comprises of a range of retail, leisureand office uses with neighbouring occupiersincluding Waterstones, The Royal Kings ArmsHotel, The Robert Gillow and The MerchantsPublic Houses as well as the Storey InstituteCentre. Lancaster Centre, a very popular touristattraction in the city is also located close by.

DescriptionThe property comprises an end terrace building ofconventional construction within an attractiveglazed double fronted shopfront with centralentrance door.

Internally, the property provides salesaccommodation at ground floor level with staffkitchen/office and WC facility to the rear. Additionalretail accommodation together with a workshoparea is provided on the first floor and furtherstorage on the second floor.

An entrance to the right hand side of the propertyprovides separate direct access to the upperfloors from Market Street. To the rear of theproperty there is a large enclosed garden area.

AccommodationThe premises extend to the following approximatenet internal areas (NIA):

m² ft²Ground FloorSales area 71 764Rear office/kitchen 13 140First FloorSales area 45 484Workshop 27 291Second FloorStorage 49 527Total NIA 205 2,206

ServicesWe understand that the premises benefit fromconnections to mains electricity, gas, water anddrainage.

Rating AssessmentThe premises have a Rateable Value of £8,800.

Interested parties should make their own enquiriesof Lancaster City Council (tel. 01524 582920).

PlanningWe believe the premises benefit from anestablished use within Class A1 (Retail Shops) ofthe Use Classes Order 1987 (as amended).

The property has a Grade II Listing (No. 1194970)under the Planning (Listed Buildings andConservation Areas) Act 1990 as well as beinglocated within the Lancaster Conservation Area.

Planning permission was obtained underapplication 15/00409/LB for conversion of the firstand second floors to create two self-containedresidential flats, albeit the consent has now lapsed.

TenureWe understand the premises are held freehold.

Our client may also consider a letting of thepremises on a new Full Repairing and Insuringlease.

Price/RentalOffers in the region of £225,000 are invited. Alternatively our client may consider letting thepremises at a rental of £16,500 per annum,exclusive.

Photographs and PlansAny photographs and indicative plans incorporatedin these particulars are provided for identificationpurposes only and should not be relied upon.

VATAll prices quoted are exclusive of, but may besubject to, VAT at the standard rate.

Energy Performance Certificate

Legal CostsEach party to be responsible for their own costsincurred in the transaction.

Money LaunderingIn accordance with Anti Money LaunderingRegulations, two forms of identification andconfirmation of the source of funding will berequired from the successful purchaser. Our clientreserves the right not to accept the highest or anyoffer received.

EnquiriesStrictly by appointment with the sole agents:EckersleyTelephone: 01524 60524Contact: Mary HickmanEmail: [email protected]

Preston office25A Winckley SquarePrestonPR1 3JJ

T |E |

01772 [email protected]

Lancaster officeCastle ChambersChina StreetLancasterLA1 1EX

T |E |

01524 [email protected]

Eckersley for themselves and for the vendors or the lessors of this property whose agents they are give notice that i) The particulars are set out as a general outline only for the guidance of the intended purchaser or lessees and do not constitute any part of an offer orcontract. ii) All descriptions, dimensions, references to condition and necessary permissions for the use and occupation, and other details are given in good faith but without responsibility and intending purchasers or tenants should not rely on them as statements orrepresentations of fact but must satisfy themselves by inspection or otherwise as to the correctness of them. iii) No person in the employment of Eckersley has any authority to make or give any representation or warranty whatever in relation to this property.