12 Marketgate, Lancaster, LA1 1JF

£ 30,000 pa / 2,659 sq ft
12, Lancaster - Picture 2023-11-14-11-00-37
Use Class

Use Class

E

Size

Size

2,659 sq ft

Rent pa

Rent pa

£30,000

Shop To Let - Fitted Retail Unit

The available unit comprises Ground Floor retail space which is fully fitted internally and ready for an incoming tenant to trade. The unit also has an additional storage and back of house areas at first floor,leading to the centre's service yard for deliveries. The unit benefits from excellent full height glazed shop frontage facing Marketgate high street and prominent signage opportunity.

The unit is located in the busy Marketgate which is a high street centre in the heart of Lancaster. The scheme is anchored by Primark and is home to a great mix of national, regional and independent retailers, cafes, coffee shops and food businesses. Also located nearby are Home Bargains, Waterstones, The Works, The Fragrance Shop, Vincenzos, Caffe Nero, Lakeland Gifts, Designer Clearance and many more New lettings have recently been agreed with Poundland and Mountain Warehouse, two great new additions to Marketgate!

Key Information

Viewing

Strictly by appointment.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser’s funds will also be required.

Accommodation

2,659 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor
1,517
140
First Floor
1,142
106

Financial

Lease Type

New Lease

Lease Term

The unit is available by way of new lease for a term of years to be agreed.

Rent

Subject to contract, rental offers are invited in the region of £30000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

The unit has a Rateable Value of £24,000 from 1 April 2023. Interested parties should confirm the exact Business Rates payable with the local authority. Business Rates Relief may also be available.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service charge

Service Charge details upon request.

Tenure

Leasehold

Rates

Rateable Year:
2023
Rateable Value:
£24,000.00
Rates payable:
£12,288.00
UBR:
51.2p/£

Sustainability

A copy of the full certificate and report can be provided upon request.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

All data ©2023 Completely Property Technology Limited

This was last updated on 14/11/2023