Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Long established arts business
- Extremely prominent corner plot
- 3 stories and basement
- Highly visible from the 1 way system
- Close to Lancaster's busy bus station
- Lots of character and historic charm
- Freehold title
- Prime location
We are pleased to offer to auction this vacant freehold extremely prominent 3 storey corner commercial premises plus basement storage highly visible from the one way system, at the junction of North Road and Damside Street. The property is close to the bus station and adjacent to many other businesses within the city centre. A rare opportunity to acquire a vacant freehold interest in the city centre. A real character property.
Reduced price to sell.
Please note we have not inspected this property.
Rooms
Location
This section of North Road is situated within the city centre at the junction with Damside Street.
Lancaster is a busy University city and the principal town of North Lancashire. Well placed adjacent to the M6 motorway, it is approximately equidistant from Preston and Kendal which are both some 20 miles away and easily accessible from junctions 33 and 34 of the M6 motorway.
Accommodation
Ground Floor -
Corner Sales Shop - 3.938 x 3.418 (12'11" x 11'2") - Average overall measurement including staircase leading off plus recess 2.661m x 2.699m (about 8'9" x 8'10") access down to basement.
Basement Storage - 3.731 x 3.792 (12'2" x 12'5") - Approached by concealed steps down from the sales shop.
First Floor -
Corner Sales Shop - 4.742 x 4.004 (15'6" x 13'1") - Average overall measurement plus staircase leading off.
Second Floor -
Corner Office - 3.477 x 4.058 (11'4" x 13'3") - Average overall measurement, Vokera gas boiler, recessed Kitchenette and Toilet.
Services - All mains services available.
Tenure
Freehold. Title number LA574795.
Rateable Value
The current rateable value is £6,700 (1 April 2023 to present).
Sourced from VOA.
EPC
Available upon request (rating C).
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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