44-46 King Street, Lancaster

Partially Let Investment Opportunity

£375,000

Location

The property occupies a prominent position fronting King Street, part of the A6 circulatory route around the centre of Lancaster, close to the city’s main retail core.

The vicinity comprises a mix of retail, leisure and business uses interspersed with residential properties.  Nearby commercial occupiers include Tesco Express, Parkinson Estate Agents, Ibis Hotel, Snap Fitness, King Street Surgery and Queens Square Medical Practice.

Description

The premises comprise a three storey, mid-terrace property, together with further accommodation within the eaves and cellar, and being of conventional stonework construction beneath pitched roof covering.

Internally, the ground floor is used for retail purposes providing a good sized retail unit occupied under an occupational lease by a single tenant who operates a pharmacy business from the premises.  The upper floors provide extensive self-contained residential accommodation which is currently owner occupied.

All the accommodation is accessed from the covered ground floor entrance passageway with access directly from King Street and through which accessed can be gained to the attractive enclosed garden to the rear.

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Location Pin Sat Nav Ref: LA1 1RE