Land At Aldcliffe Road, Lancaster, Lancashire, LA1 1ST
The land is located 0.5 miles south west of Lancaster town centre at the junction of Aldcliffe Road with Regent Street and adjacent to the Lancaster Canal. Access to Aldcliffe Road can be obtained direct from the A6.
A former boat yard that now comprises open public space and is predominantly grassed, with a single storey building adjacent to the road.
Approximately 0.08 Hectares (0.19 Acres)
Interested parties should consult with the Local Planning Office, Lancaster City Council, Town Hall, Dalton Square, Lancaster, LA1 1PJ.Tel: 01524 582 950.
The land is let to Lancaster City Council for a period of 94 years from 29 September 1976 and expiring on 24 December 2070 (54 years unexpired) at a passing rent of ú3,600 per annum with a rent review outstanding from December 2016. The rent reviews are on a 15 year cycle.
VAT is payable on the purchase price.
VAT is payable on the purchase price. The property is sublet as detailed in the Legal Pack. Notwithstanding the copy email in the Legal Pack where they argued for a decrease in the rent the Vendor informs us that Lancaster City Council have now agreed in principle to settle the outstanding rent review at nil increase. A rent review memorandum has been signed by the Vendor and sent to the Council on that basis but it has not yet completed.
LA1 1ST Open in Google Maps
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