Parliament St, Lancaster, LA1 1DQ
Property Features
- Grade II listed building
- Fully refurbished, including a new roof
- Riverside location
- Surrounded by new student accommodation
- Prime road frontage
- Within 5 minutes of the city centre
- Prior history as a much-loved local restaurant
Property Summary
This fantastic building has approximately 3000 potential customers within a 5-minute radius and can operate as a sit-in restaurant, food court, and/or take-away.
Previous owners served 1200 meals weekly in 2019 (pre-covid) before the extensive modernization of the adjacent land was planned (400 new students next door)
We believe this is a prime opportunity to start a new and exciting business and see it grow as the surrounding area develops and grows.
Full Details
Location
This Grade II listed building is located on the busy A589, one of the main routes in and out of Lancaster, and surrounded by new purpose-built student housing.
The property has unrestricted views of the River Lune and Skerton Bridge. It is across the street from Green Ayre and Lancaster's skate park.
Accommodation
Covering 3 Floors, approx 110 covers/ seats, with an area of approx 342m2
Ground floor: Approx 126m2
Large kitchen, Reception area, Seating area, the main bar, Toilet block
First floor: Approx 108m2
Large seating area, Second bar, and dumbwaiter for easy access from the kitchen
Basement: Approx 108m2
Extensive storage and prep area, Staff toilet, Walk-in refrigerated storage
Rent
Equivalent to £28,000 per annum, £2,333 per month, or £538.50 per week
Flexible options available, please contact Catons Commercial for more information
Terms
Full repairing and insuring lease with flexible 3 or 5-year options available
Rateable Value
Rateable Value: £15000
Gross Charge: £7485
Interested parties are advised to make their own enquires with Lancaster Council - 01524 582900
Use Class
The property is currently classed as an E
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 the vendors or lessors of this property, give notice that: a) all descriptions, dimensions, references to condition, necessary permissions or use, occupation, and other details are given in good faith and are believed to be correct. b) 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. FEB 2023
