37 North Road, Lancaster LA1 1NS

Location
This property is located on the busy North Road, just outside Lancaster's pedestrianised city centre. It is surrounded by student properties with heavy foot and road traffic.

Accommodation
This property is a ground-floor unit totalling approximately 59 square meters and comprising a split-level foyer, a large back office, a staff toilet, a private courtyard garden, and a full-sized basement for storage.

Foyer: approx 7.6 m x 4 m totalling appox 29.7 m2
Split-Level with large window at front, two wide steps leading up to the upper level, and door leading to back office and basement.

Back Office: approx 3.6 m x 4.5 m totalling approx 16.2 m2
Light and bright room with access to the private courtyard garden and staff toilet and kitchen.

Basement: Covers the whole of the Shopfront area. The main section measures approx 3.9m x 3.7 m totalling approx 14 m2. The rest of the basement has a reduced ceiling height of 1.6m and measures approx 4.2m x 4.5 m totalling approx 18.9 m2.

Rent
£7,800 per annum
£650 per month
£150 per week

Terms
Fully insuring and leasing agreement.
Flexible terms for the right tenant (rent-free periods/ lower rent periods TBA)

Rateable Value
2022: £10,000
(Please note that this amount included the upper floors and the adjoining property, the actual will be much lower)

Base Rate: £150

*As the RV is below £12,000, occupies for whom this property is their sole trading premises will not pay business rates. Please seek verification of the above from the Local Rating Authority.

Use Class
The property has consent for E use class.
Alternative uses may be considered subject to obtaining the necessary planning consent.

Insurance
The landlord will insure the building and recover the costs from the in-going tenant upon demand. The tenant is responsible for obtaining contents insurance.

Misrepresentation Act
Catons for themselves and for the vendors or lessors of this property, give notice that: a) all descriptions, dimensions, references to condition and necessary permission or use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. c) no person in the employment of Catons has any authority to make any representation or warranty whatsoever in relation to this property. JAN 2023