5 Park Street, Lytham, Lancashire, FY8 5LU
£34,000 per annum
950 sq ft
OVERVIEW:
Situated in the heart of Lytham's busy town centre, this property offers a rare opportunity for ambitious retailers to secure a premium space in one of the Fylde Coast's most desirable retail locations. This bright, adaptable retail space is ideal for a variety of businesses seeking excellent visibility and high footfall all year round.
Previously operated as a high-end gentlemen's clothing store for over 40 years, this unit is available to let, due to retirement, from 01 September 2025.
KEY FEATURES:
950 sq ft of adaptable retail space
Full glass frontage
1 x off-road car parking space
High footfall shopping street opposite Lytham Square and Stringers Department Store
Property Description
Prime Retail Space for Lease in Lytham Town Centre
ACCOMMODATION
The large (14m x 6.5m), open-plan retail area is accessed through single front door framed with large, double bay windows providing excellent visibility from the pavement. A single door currently leads to the store room, W/C and back door leading to the service road and shared car park. We understand the property has Class E use and is currently used as a shop but, with planning permission, would be suitable for other uses.
LOCATION
Lytham is a well-established retail destination on the Fylde Coast, known for its strong local economy, affluent customer base, and mix of independent and national retailers. The town benefits from steady footfall, supported by a loyal local population and a regular influx of visitors.
Events such as Lytham Festival and the 1940s Weekend attract thousands of people annually, boosting trade for businesses. The town’s high street is pedestrian-friendly, with good parking and strong public transport links, including rail connections to Blackpool, Preston, and Manchester. Major local employers, including BAE Systems at Warton and several financial services firms, contribute to a stable economy.
With a supportive business community and year-round trade, Lytham provides a solid opportunity for retailers looking to establish or expand their retail business.
OTHER DETAILS
TERMS: The property is available for a new multi-year lease on an internal repairing basis at £34,000 pa
BUSINESS RATES: Current rateable value (1 April 2023 to present): £23,500 before applying UBR & SBRR* **
**please contact Fylde Borough Council for current, exact figures.
SERVICE CHARGE: The landlord is responsible for all external repairs and the insurance of the property, for which the tenant pays a contribution of £70 per month which is reconciled every six months.
VAT: The property is not elected for VAT.
PROFESSIONAL SERVICES: Each party will be responsible for covering its own professional & legal fees incurred in the transaction. Prospective tenants are responsible for planning enquiries.
Energy Performance Certificate: The EPC is Currently Rated C.
A copy of the certificate is available here https://find-energy-certificate.service.gov.uk/energy-certificate/6779-8841-8734-2296-7317
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