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Lancaster - St Nicholas Arcades Unit 2 (5 Lancaster Gate) LA1 1NB

Ground Floor 956 sq.ft | Additional 401 sq ft | Rent £35,000 per annum

pdf Lancaster Unit 2 (5 Lancaster Gate) (1.25 MB)

Location

Anchored by Next and Boots St Nics (previously St Nicholas Arcades) is a covered, un-gated scheme that merges into prime Penny Street and benefits from a 300 space undercroft car park. The occupier line up offers a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass and HMV amongst others.

Anchored by Next and Boots St Nics (previously St Nicholas Arcades) is a covered, un-gated scheme that merges into prime Penny Street and benefits from a 300 space undercroft car park. The occupier line up offers a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass and HMV amongst others.

The subject unit occupies a prime location opposite Poundland close to Penny Street on a busy mall leading to Boots, Next and Superdrug.

Accommodation

The premises provide the following approximate net internal floor areas:-

Floor sq.m. sq.ft.
Internal Width 5.26 m (17’3”)
Shop Depth 15.3 m 60’0”)
Ground Floor 88.81 sq.m (956 sq ft)
First Floor 37.25 sq.m (401 sq.ft)

Terms

The shop unit is available on a new effectively full repairing and insuring lease. Premises are suitable for short term occupation.

Rent

£35,000 per annum exclusive of service charge, insurance, business rates and VAT.

Service Charge

The current service charge is £11,101 per annum.

Rates

Rateable Value (2017) £33,750
Interested parties are advised to make their own enquiries with the Local Authority (Tel: 03000 501 501) or visit www.voa.gov.uk. Due to Covid 19 Government assistance no rates due till April 2021.

Costs

All figures quoted are subject to VAT where applicable. The ingoing party is to be responsible for their own legal costs incurred in the transaction where applicable. Due to Covid 19 Government assistance no rates due till April 2021.

EPC

The property has an EPC rating of (E) 107. A copy of the EPC is available upon request.

Viewing

Strictly by prior arrangement with Nick McAllester or Luke Nicholson of this office. Or via our Joint Agents Bradys John Brady 0161 839 1213

Nick McAllester:

Luke Nicholson:

Subject To Contract & Without Prejudice

Misrepresentation Clause

  • Status: Available
  • Area sq ft: 1,357
  • Area m sq: 126.06
  • Location: Lancaster