Lot 09 1 & 2 New Street/Church Street, Lancaster, LA1 1EG

Property Enquiries

Mat Harris

mat.harris@bidx1.com
+44 (0) 7732 681 152

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Victoria Wright

victoria.wright@dlapiper.com
0113 360 1824
Description
Map
Viewings

Property Summary
  • On behalf of A Major UK Bank
  • Freehold former banking hall 
  • Totalling about 382.57 sq m (4,118 sq ft)
  • Located in town centre
  • Suit owner-occupier/investor/developer
  • Vacant possession
Location

Lancaster is a historic and strategically important commercial centre located about 25 miles north east of Blackpool, 53 miles north west of Manchester and 20 miles south of Kendal and the Lake District.

Lancaster is the most northerly city in Lancashire, lying about 3 miles inland from Morecombe Bay on the River Lune. It is home to Lancaster University and a campus of the University of Cumbria. The M6 motorway passes to the east of Lancaster, with junctions 33 and 34 to the south and north respectively. The A6 road passes through the city leading southwards to Preston, Chorley and Manchester and northwards to Camforth, Kendal, Penrith and Carlisle. Nearby occupiers include TK Maxx, JD Sports, Starbucks and HSBC. 

Description

A pair of adjoining properties of traditional construction formerly used as a banking hall and ancillary offices. Part two storey and part three storey, the property totals about 382.57 sq m (4,118 sq ft). The accommodation can suit a variety of different uses and configurations, subject to any necessary consents.

Planning

Lancaster City Council (01524 582950) www.lancaster.gov.uk

VAT
VAT Not Applicable.
Property Table
ddressAccommodationSize
TOTAL 382.57 sq m 4,118 sq ft
1 & 2 New Street/Church StreetGround floor
First floor
Second floor
Basement
185.53 sq m 1,997 sq ft
108.51 sq m 1,168 sq ft
43.57 sq m 469 sq ft
44.96 sq m 484 sq ft

Measurements provided by the vendor

 


*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,000 (exclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount of £4,500 from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.


Contact Mat about this property