7 Park Street, Lytham, Lancashire, FY8 5LU
£22,800 per annum
700 sq ft - Assignment of the Existing Commercial Leasehold (Internal Repairing)
OVERVIEW:
Part of the Park Street parade in the heart of Lytham town centre, this property presents a rare opportunity for retailers to secure a spot in one of the Fylde Coast’s most sought-after shopping destinations. The unit offers a bright, versatile space with strong year-round footfall and excellent street presence, making it well-suited to a wide range of retail or service-based uses. Set opposite Stringers Department Store, adjacent to Costa and other boutique shops, it's proximity to Lytham Square, bus stops and the train station make this one of the most prominent commercial properties in the town.
The shop currently trades as a boutique ladieswear shop and is available by way of assignment of the existing lease or the grant of a new lease.
KEY FEATURES:
700 sq ft of adaptable retail space
Full height 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 property comprises an open-plan retail area measuring approximately 12m x 5m, accessed via a single entrance door set within a full-height glazed frontage, offering excellent street-level visibility on one of Lytham’s busiest footfall routes. To the rear, a single internal door leads to a store room, W/C, and a back door providing access to a service road and shared car park. The property falls under Class E use and, subject to planning permission, the space may also be suitable for alternative 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 through the assignment of the existing lease on an internal repairing basis at £22,800 per annum.
BUSINESS RATES: Current rateable value (1 April 2023 to present): £15,000 before applying UBR & SBRR* **
https://www.tax.service.gov.uk/business-rates-find/valuations/start/418599000
**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/3760-0226-6906-4180-7705
Viewings are strictly by appointment only so please contact us to arrange a visit.
