7 Cheapside, Lancaster – UNDER OFFER

Placing this café unit To Let in Lancaster, under offer, within 2months of initial marketing has exceeded market expectations, several well-rounded offers were received from both local and national occupiers.

Retail shops To Let in Lancaster have shown resilience throughout pandemic, although headline retail rents have softened, vacancy rates continue to exceed 95%. Due to the diverse retail offering that Lancaster benefits from covid closures have remained limited, occupancy doggedly robust over the previous 24months to date.

Comprising a prominently positioned retail unit in a prime location of the Lancaster Business District. This exciting letting will complement the diverse food offering which the city is developing, adding to the newly established restaurant operations of Calico Lounge, Zizi’s and Nandos. Interestingly, the proposed occupier will bring life back into the upper floors, investing in these to become customer forward facing spaces, which other retailers over so many years have commercially discarded to the loss and vibrancy of community.

Achieving a letting in the early part of the year means that the occupier will be open and operational prior to the autumn, after comprehensive refitting has completed and they will therefore be able to benefit from a full and vibrant Christmas trading shop in Lancaster.

For further information and retail opportunities in Lancaster and commercial property in Morecambe please contact Jody Lauder, Chartered Valuation Surveyor Kendal on Tel: 01228 544733 or contact [email protected]