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Compared to the conurbations of Manchester, Liverpool and Leeds, Lancaster city-area offers excellent value for both office and industrial sectors.

Industrial and warehouse land values (July 2008)

City/town

  • Lancaster: From £300,000 per ha rising to £750,000
  • Manchester: From £450,000 per ha rising to £750,000
  • Preston: From £500,000 per ha rising to £750,000
  • Warrington: From £325,000 per ha rising to £600,000
  • South Leeds: From £650,000 per ha rising to £800,000

Valuation Office Agency (HM Revenues and Customs) Land value

 
Northwest - Prime rental levels
 
Prime Office (£psf)
 
Lancaster
  10.00  
 
Carlisle
  12.00  
 
Preston
  14.00  
 
Blackburn
  13.00  
 
Bolton
  15.00  
 
Manchester
  30.00  
 
 Liverpool
  20.00  

Capital values - Lancaster
Nursery unit 150-200 m2
Typical capital value £425m2

Industrial/warehouse unit 500 m2
Typical capital value £360m2

Industrial/warehouse unit 1,000 m2
Typical capital value £315m2

Source: Valuation Office Agency (HM Revenues and Customs) Land values

 
   
   
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