Interested in this property? Call Jonathan Newns on +44 (0)113 212 3501 or Phil Coombes on

Location

Morecambe is situated within the borough of Lancaster approximately 3.8 miles (5.6km) north west of Lancaster City Centre. The Arndale Shopping Centre is the only covered scheme in the town and forms the prime retail area.

The scheme comprises of approximately 107,000 Sq Ft of retail accommodation.

The centre benefits from a variety of national multiple retailers including Argos, Bon Marche, Boots The Chemist, Iceland, Bodycare and Carphone Warehouse.

Accommodation

The premises comprise the following approximate net internal floor areas:-

Demise Sq. ft. Sq. m.
Ground Floor 670 62.3

Rent

We are seeking rental offers in the order of £22,500 per annum exclusive.

Tenure

The unit is offered on a new 10 year fully repairing and insuring lease, subject to an upwards only rent review at the end of year 5.

Business Rates

The unit has a 2017 rateable value assessment of £15,750.

For further details visit Gov.uk or contact the business rates department in the local authority.

Service Charge

The on-account service charge for the year 2018 stands at approximately £10,202.

EPC

D

Legal Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

VAT

Unless otherwise stated, all prices/rents are quoted exclusive of VAT.