Lancaster Station

Licensed Premises to Let

LOCATION

Lancaster Station is located on the edge of the city centre close to Lancaster Castle.
Bus and taxi services provide connections to the University Campuses for the large student population.
Train services are provided by Virgin Trains, Transpennine Express & Northern Rail to London, Glasgow, Preston, Manchester Airport, Leeds and many other regional and local destinations.
The latest figures available from the Office of Rail & Road (2016/17) estimate 2,146,796 annual passenger entries and exits.

OPPORTUNITY

Lancaster Station is a Listed Building. Several vacant station buildings on platform 3 can be combined to create a single premises of approximately 113m2.
Significant construction and fit out works will be required to bring the premises into a useable condition. Grants may be available for the restoration of historic elements of the premises.
The buildings have entrances to both the station platforms and to the exterior of the station allowing potential trading to both station users and the general public alike.
External seating areas on both the platform and exterior of the station may be available.

PERMITTED USE

As a high quality real/craft ale bar with ancillary light meals and snacks (subject to grant of a premises licence).

CONSENTS

Lancaster Station is a Listed Building so the Tenant's fit out will be subject to Listed Building Consent as well as the usual Network Rail Building Consent.

LEASE

An internal repairing lease of twelve years is offered subject to the usual railway determination provisions.
The lease will be contracted out of the security of tenure provisions of the Landlord & Tenant Act.
Rent to be agreed depending on use, but based on a Minimum Guaranteed Rent supported by an Additional Rent based on a percentage of Turnover.
Rent Review on every third anniversary.
A significant rent free period will be allowed to reflect the investment in the premises that will be required.
The Tenant will be responsible for Business Rates and all utilities consumed on the premises.

EPC

No EPC is required as Lancaster Station is Listed.

COSTS

The Tenant will be responsible for the Landlord's and Superior Landlord's legal fees estimated at £1,500 plus VAT and £1,000 plus VAT respectively.
The Tenant will also meet the costs of a credit reference check (£75 plus VAT) and the production of a Land Registry compliant lease plan (£120 plus VAT).

CONTACT

Phil Duggleby

E-Mail: Phil.duggleby@amey.co.uk