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St Nicholas Arcades Cheapside

1,669 - 10,568 SF of Retail Space Available in Lancaster LA1 1LY

HIGHLIGHTS

  • Lancaster City Center location
  • St Nic's shopping center
  • Benefits from a 300 space undercroft car park
  • On sight security and CCTV surveillance

SPACE AVAILABILITY (3)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • TYPE
  • Ground, Ste 18-19
  • 4,931 SF
  • Negotiable
  • $14.75 CAD/SF/YR $1.23 CAD/SF/MO $72,753 CAD/YR $6,063 CAD/MO
  • TBD
Space Use
Retail
Condition
Shell Space
Availability
30 Days

The premises comprise the following net internal floor areas: Ground Floor - 3,750 sq ft (348.39 sq m) First Floor - 1,181 sq ft (109.72 sq m)

  • Use Class: E
  • Located in-line with other retail
  • Secure Storage
  • Private Restrooms
  • Storage space
  • Display frontage
  • WC facilities
  • Ground, Ste 3-4
  • 3,968 SF
  • Negotiable
  • $17.19 CAD/SF/YR $1.43 CAD/SF/MO $68,206 CAD/YR $5,684 CAD/MO
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Situated in Lancaster, one of England's 13 Heritage Cities, this prime retail space is now available to let in the heart of the city centre. The premises are located in St Nic's, a popular, covered shopping area anchored by major retailers like Next and Boots and connected to Penny Street. It benefits from a 300-space under croft car park and a diverse retail mix Positioned in a prominent corner , the property offers substantial floor space with 2,042 Sq ft on the ground floor and 1,926 Sq ft on the first floor. This makes it an excellent opportunity for businesses looking to establish or expand their presence in a dynamic retail environment surrounded by a mix of shops and services in Lancaster's city centre. The premises comprise the following net internal floor areas: Ground Floor - 2,042 sq ft First Floor - 1,926 sq ft

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage
  • Energy Performance Rating - E
  • Private Restrooms
  • Display frontage
  • WC facilities
  • Storage area
  • Ground, Ste 8
  • 1,669 SF
  • Negotiable
  • $27.24 CAD/SF/YR $2.27 CAD/SF/MO $45,471 CAD/YR $3,789 CAD/MO
  • Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Located in the heart of Lancaster, one of England's 13 Heritage Cities, this prime retail property is now available to let, presenting a fantastic opportunity for businesses. he premises are strategically situated in a prominent corner location within St Nics, a covered, un-gated shopping centre anchored by Next and Boots and merged into the prime retail street, Penny Street. Benefiting from a 300-space under croft car park and surrounded by a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass, and HMV, the subject premises offer considerable commercial appeal with a ground floor area of 890 Sq ft and a first-floor area of 779 Sq ft, making it an excellent opportunity for a business aiming to capitalize on the high foot traffic and dynamic retail environment of Lancaster's city centre. The premises comprise the following net internal floor areas: Ground Floor Area - 890 sq ft First Floor Area - 779 sq ft

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Secure Storage
  • Energy Performance Rating - E
  • First floor approximately 826 Sqft
  • EPC rating of 107 (E)
  • New effectively full repairing and insuring lease
Space Size Term Rental Rate Rent Type
Ground, Ste 18-19 4,931 SF Negotiable $14.75 CAD/SF/YR $1.23 CAD/SF/MO $72,753 CAD/YR $6,063 CAD/MO TBD
Ground, Ste 3-4 3,968 SF Negotiable $17.19 CAD/SF/YR $1.43 CAD/SF/MO $68,206 CAD/YR $5,684 CAD/MO Fully Repairing & Insuring
Ground, Ste 8 1,669 SF Negotiable $27.24 CAD/SF/YR $2.27 CAD/SF/MO $45,471 CAD/YR $3,789 CAD/MO Fully Repairing & Insuring

Ground, Ste 18-19

Size
4,931 SF
Term
Negotiable
Rental Rate
$14.75 CAD/SF/YR $1.23 CAD/SF/MO $72,753 CAD/YR $6,063 CAD/MO
Rent Type
TBD
Space Use
Retail
Condition
Shell Space
Availability
30 Days

The premises comprise the following net internal floor areas: Ground Floor - 3,750 sq ft (348.39 sq m) First Floor - 1,181 sq ft (109.72 sq m)

  • Use Class: E
  • Located in-line with other retail
  • Secure Storage
  • Private Restrooms
  • Storage space
  • Display frontage
  • WC facilities

Ground, Ste 3-4

Size
3,968 SF
Term
Negotiable
Rental Rate
$17.19 CAD/SF/YR $1.43 CAD/SF/MO $68,206 CAD/YR $5,684 CAD/MO
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Situated in Lancaster, one of England's 13 Heritage Cities, this prime retail space is now available to let in the heart of the city centre. The premises are located in St Nic's, a popular, covered shopping area anchored by major retailers like Next and Boots and connected to Penny Street. It benefits from a 300-space under croft car park and a diverse retail mix Positioned in a prominent corner , the property offers substantial floor space with 2,042 Sq ft on the ground floor and 1,926 Sq ft on the first floor. This makes it an excellent opportunity for businesses looking to establish or expand their presence in a dynamic retail environment surrounded by a mix of shops and services in Lancaster's city centre. The premises comprise the following net internal floor areas: Ground Floor - 2,042 sq ft First Floor - 1,926 sq ft

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Secure Storage
  • Energy Performance Rating - E
  • Private Restrooms
  • Display frontage
  • WC facilities
  • Storage area

Ground, Ste 8

Size
1,669 SF
Term
Negotiable
Rental Rate
$27.24 CAD/SF/YR $2.27 CAD/SF/MO $45,471 CAD/YR $3,789 CAD/MO
Rent Type
Fully Repairing & Insuring
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Located in the heart of Lancaster, one of England's 13 Heritage Cities, this prime retail property is now available to let, presenting a fantastic opportunity for businesses. he premises are strategically situated in a prominent corner location within St Nics, a covered, un-gated shopping centre anchored by Next and Boots and merged into the prime retail street, Penny Street. Benefiting from a 300-space under croft car park and surrounded by a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass, and HMV, the subject premises offer considerable commercial appeal with a ground floor area of 890 Sq ft and a first-floor area of 779 Sq ft, making it an excellent opportunity for a business aiming to capitalize on the high foot traffic and dynamic retail environment of Lancaster's city centre. The premises comprise the following net internal floor areas: Ground Floor Area - 890 sq ft First Floor Area - 779 sq ft

  • Use Class: E
  • Partially Built-Out as Standard Retail Space
  • Secure Storage
  • Energy Performance Rating - E
  • First floor approximately 826 Sqft
  • EPC rating of 107 (E)
  • New effectively full repairing and insuring lease

Service Types


The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.

1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.

2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.

3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.

4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.

SELECT TENANTS AT ST NICHOLAS ARCADES

  • TENANT
  • DESCRIPTION
  • UK LOCATIONS
  • REACH
  • Boots
  • Drug Store
  • 2,744
  • International
  • Iceland
  • Supermarket
  • 1,138
  • International
  • Next
  • Unisex Apparel
  • 948
  • International
  • Poundland
  • Dollar/Variety/Thrift
  • 1,086
  • International
  • Select
  • Ladies' Apparel
  • 169
  • National
  • The Entertainer
  • Toys
  • 253
  • International
TENANT DESCRIPTION UK LOCATIONS REACH
Boots Drug Store 2,744 International
Iceland Supermarket 1,138 International
Next Unisex Apparel 948 International
Poundland Dollar/Variety/Thrift 1,086 International
Select Ladies' Apparel 169 National
The Entertainer Toys 253 International

PROPERTY FACTS FOR CHEAPSIDE , LANCASTER, LAN LA1 1LY

Total Space Available 10,568 SF
Property Type Retail
Property Subtype Retail
Gross Leasable Area 157,186 SF
Total Land Area 3.56 AC
Year Built/Renovated 1962/1990
Parking Ratio 2.63/1,000 SF

ABOUT THE PROPERTY

Lancaster, one of England's 13 Heritage Cities, has a City Centre population of 48,085 with a Local Authority population of 48,085 (source: ONS - 2021 Census). Lancaster University, ranked in the UK's Top 10 Universities by the Guardian for 2021, is home to almost 17,000 students with almost a third of those being from overseas. Anchored by Next and Boots, St Nics is a covered, un-gated scheme that merges into prime Penny Street and benefits from a 300 space under croft car park. The occupier line up offers a mix of retailers including Lush, o2, Superdrug, Costa, The Entertainer, Trespass and HMV amongst others. The subject premises are in a prominent corner location adjacent to Trespass, opposite The Entertainer and by the car park access.

  • Property Manager on Site
  • Security System
  • Storage Space

NEARBY MAJOR RETAILERS

Sainsbury's
Snap Fitness 24/7
Clydesdale Bank
Virgin Money Plc
Santander
Starbucks
Caffe Nero
eurochange
Barclays
YMCA
  • Listing ID: 21411456

  • Date on Market: 2023-11-14

  • Last Updated:

  • Address: Cheapside, Lancaster LA1 1LY

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