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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

Last updated 07/09/2017
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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View Marketgate Shopping Centre