City centre premises fronting the one way system on China Street together with rear access from Castle Hill opposite The Castle.
The subject building is situated in the heart of the city centre within easy walking distance of all amenities.
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.
Substantial character commercial premises on two levels split as to Lower Priory Hall and Upper Priory Hall. Extremely spacious accommodation overall.
Lower Priory Hall is currently occupied and let to J Atkinson & Co (Lancaster) Limited, accessed to the front from China Street together with 4 no. car parking spaces accessed to the rear from Castle Hill with pedestrian access down to Lower Priory Hall.
Upper Priory Hall is currently vacant and principally accessed to the rear from Castle Hill.
Accommodation of Lower Priory Hall
Front Entrance from China Street.
Large Coffee Shop
Packaging Room & Office
Overall Floor Area of Ground Floor
Overall Floor Area of Ground Floor some 3,380 sq ft or thereabouts.
Accommodation of Upper Priory Hall
Front Entrance from Castle Hill
Expansive open space with vaulted ceiling.
Fitted kitchen with dining area.
Accessed from the entrance hall.
Overall Floor Area of First Floor
Overall Floor Area of First Floor some 2,464 sq ft or thereabouts.
We understand all mains services are available to the premises.
Income & Lease Terms
Current rental income £13,000 per annum from Lower Priory Hall let to a well known local trader J Atkinson & Co (Lancaster) Limited as a coffee shop and kitchen with ancillary rooms, front pedestrian access from China Street. Also included in this lease 4 no. car parking spaces accessed from Castle Hill. Lease term 10 years from 23/12/2016. Further detailed information on the lease available by contacting Fisher Wrathall Commercial.
The vendors would consider offers for the whole and for the two parts individually which would require legally splitting at the time of purchase.
OFFER CLOSING DATE
We have now been instructed to request offers in writing by NOON on 3/11/2023. Any queries on this point please contact the agents.
Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: firstname.lastname@example.org