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14 Penny St 2,660 sq ft Retail Property Lancaster LA1 1UA £250,000 (£93.98/sq ft)
Investment Highlights
- Large display windows.
- Well positioned on Penny Street an established trading location
- Great footfall area.
Executive Summary
Lot 215 is available by way of Savills Online auction 22nd April 2026.
The property is arranged over basement, ground and three upper floors to provide a café with ancillary accommodation.
Let to R Nangial on a full repairing and insuring (FRI) lease for a term of 10 years from 16 August 2022 at £32,000 per annum.
The lease provides for a tenant break option and rent review at the 5th anniversary
The property is arranged over basement, ground and three upper floors to provide a café with ancillary accommodation.
Let to R Nangial on a full repairing and insuring (FRI) lease for a term of 10 years from 16 August 2022 at £32,000 per annum.
The lease provides for a tenant break option and rent review at the 5th anniversary
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,660 sq ft
Costar Property Class
B
Year Built
1890
Price
£250,000
Price per sq ft
£93.98
Tenancy
Single
Number of Floors
5
Plot ratio
2.04
Total Plot Size
0.03 ac
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Videos
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Photos
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Map
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14 Penny St
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