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Market St

640 SF Retail Condo Unit in Lancaster LA1 1JB

Investment Highlights

  • Good level of passing trade as a walk through from busy Market Street to Penny Street as part of the main shopping precinct.
  • Features double fronted window display.
  • Well placed adjacent to the M6 motorway, it is approximately equidistant from Preston and Kendal.

Executive Summary

The property comprises a steel frame shopping centre known as Marketgate. Located in Lancaster, the centre was completed in 1999. The retail space in the centre is over 147,000 sq ft with stores located on the ground and first floors, with ancillary space on the basement below. Above the centre there is parking with an accommodation of 110 spaces. Anchoring the centre is New Look while there is also a two floor market area. The centre is located on High Street in the heart of Lancaster city centre. Lancaster Railway Station is located within walking distance from the centre. It is positioned just off the A6 which has good links to the M6.

Property Facts

Unit Size 640 SF
No. Units 1
Total Building Size 127,941 SF
Property Type Retail (Condo)
Property Subtype Storefront
Sale Type Owner User
Building Class B
Floors 4
Typical Floor Size 345 SF
Year Built 1999
Lot Size 2.51 AC

1 Unit Available

Unit 10

Unit Size 640 SF
Condo Use Retail
Sale Type Owner User
Tenure Freehold
Description

A lock up retail unit previously let as a bar and trading as
Jimmy's bar. Double fronted window display, kitted out as a
micro bar inside in 2 storey premises.

Sale Notes

Available to let. The owner may consider selling the premises subject to negotiation.

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Amenities

  • 24 Hour Access
  • Property Manager on Site
  • Security System
  • Signage
  • Automatic Blinds
  • Storage Space

Nearby Major Retailers

Sainsbury's
Snap Fitness 24/7
Clydesdale Bank
Virgin Money Plc
Santander
Caffe Nero
eurochange
Starbucks
Barclays
Costa Coffee
  • Listing ID: 33270367

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: Market St, Lancaster LA1 1JB

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