Summary - 38-42, MARKET STREET LA1 1HS
1 bed 1 bath Commercial Development
**Standout Features:**
- Iconic Grade 2 listed building located in Lancaster City Centre
- Recent interior and exterior refurbishments totaling approximately £500,000
- Generous total area of 7,400 square feet over three stories, plus basement vaults
- Previously utilized by Barclays Bank, now offered with vacant possession
- Prime corner location at Market Street and New Street with extensive foot traffic
- Adjoining building included in the sale on a long lease (30/32 New Street)
- Potential for conversion into diverse commercial uses
Nestled in the heart of Lancaster, this landmark Grade 2 listed building presents an exceptional investment opportunity for commercial development. With a recent refurbishment investment of around £500,000, the property boasts an impressive blend of historic character and modern design, ensuring a captivating environment for any business venture. Spanning an expansive 7,400 square feet, it features an airy banking hall and well-appointed offices, making it versatile for various commercial applications.
As a former bank, the space is equipped with large, light-filled rooms and has the potential to accommodate multiple business operations. Its strategic location on the renowned Market Street guarantees high visibility and significant customer footfall, ideal for attracting both local clientele and visiting professionals. While the Grade 2 listing may present opportunities for considerable historical preservation, it may also require careful navigation in renovation and alteration plans. Take advantage of this rare chance to own a piece of Lancaster’s architectural heritage — such opportunities are not easily available!
Commercial development for sale in King Street, Lancaster, LA1 1RH, LA1 — £395,000 • 1 bed • 1 bath • 4080 ft²
High street retail property for sale in 33 Market Street, Lancaster, Lancashire, LA1 — £375,000 • 1 bed • 1 bath • 2513 ft²
Commercial development for sale in 14 Lucy Street, Lancaster, Lancashire, LA1 1YF, LA1 — POA • 1 bed • 1 bath • 1572 ft²
5 bedroom terraced house for sale in 1 Castle Hill, Lancaster, LA1 1YS, LA1 — £395,000 • 5 bed • 2 bath • 3822 ft²
Commercial property for sale in 17-19 Euston Road, Morecambe, Lancashire LA4 5DF, LA4 — £250,000 • 1 bed • 1 bath • 5295 ft²
Commercial property for sale in Cable Street, Lancaster, Lancashire, LA1 1HD, LA1 — £400,000 • 1 bed • 1 bath • 2116 ft²
