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Property Summary

Parliament Street, Lancaster, LA1 1DQ
Covering 3 Floors, approx 110 covers/ seats, with an area of approx 342m2

Full Details

Ground Floor Approx 126m2
Large kitchen, Reception area, Seating area,
The main bar, Toilet block

First Floor Approx 108m2
Large seating area, Second bar
Dumbwaiter for easy access from the kitchen

Basement Approx 108m2
Extensive storage and prep area, Staff toilet,
Walk-in refrigerated storage

Thoroughly checked and upgraded kitchen and electrical has been refurbished as required to meet
today's standards.
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.

Rateable Value
Rateable Value: £15000
Gross Charge: £7485
Interested parties are advised to make their own enquires with Lancaster Council - 01524 582900

Lease Terms
Full repairing and insuring lease with flexible 3 or 5 year options available

Equivalent to £28,000 per annum - Flexible options, please contact Catons Commercial for more information

All figures are quoted exclusive of VAT.
We understand that VAT is not payable at the property

Gas, Electricity and Water

Building Insurance
The landlord will insure the building. Tenants will contribute to the annual premium

Legal Costs
The landlord will issue a lease in-house with no applicable contribution to legal costs