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Unit 1 Cornmarket, Marketgate Shopping Centre
1 Cornmarket
Lancaster, LA1 1JF
Use Class E(a)
£39,750
Use Class
E(a)
Rent pa
£39,750
Marketgate Shopping Centre is located in the heart of Lancaster city centre, with entrances from Penny Street and Market Street. With the opening of Primark in August 2016, the scheme provides Lancaster's prime retail offer, with other tenants including New Look, Waterstones, Caffe Nero, Bodycare, The Works and Home Bargains. The centre also benefits from a 140 space car park and extensive recent refurbishment works.
Use Class
A1
Tenure
Leasehold
Viewing
Strictly by appointment.
Financial
Lease Type
New Lease
Lease Term
The property is available by way of a new lease for a term of years to be agreed and subject to upward only rent reviews.
Legal
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Rates
The Rateable Value for 2017 is to reduce to £24,750.
| Rateable Year: | 2017 |
| Rateable Value: | £24,750.00 |
| Rates Payable: | £11,855.00 |
| UBR: | -- |
Service Charge
The service charge for the current year is £8,469.
Last Updated
07/09/2017
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.
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