Investment Consideration:
Vacant possession
VAT is NOT applicable to this property
Comprises prominent corner three-storey building formerly trading as a hotel
Planning submitted (4/21/2299/0F1) for conversion of existing building to a Large Retail Shop and 6 Residential Flats (2 x 1-Bed and 4 x 2-Bed)
Planning previously granted, now lapsed (4/13/2470/0F1) for conversion of existing building into 2 Semi-Detached Houses and 6 Residential Flats
Located in the heart of the town centre with occupiers nearby including Greggs, Age UK, Opticians, Butchers, Restaurants and more.
Property Description:
The property comprises a prominent corner three-storey building (formerly trading as a hotel), providing the following accommodation and dimensions:
Ground Floor:
Open plan retail with two serveries, main bar, lounge, WCs
Rear Ground Floor:
Two bedroom self-contained flat
First Floor:
Reception Rooms, Six Bedrooms, Two Kitchens, Two Bathrooms, Toilets, Two Store Rooms
Second Floor:
Four Double Bedrooms, Three Single Bedrooms
Total area size: 590 sq m (6,557 sq ft)
Development Potential:
Planning submitted for conversion of existing building to 1 a Large Retail Shop and 6 Flats (2 x 1-Bed and 4 x 2-Bed), providing the following accommodation and dimensions
Ground Floor:
Retail Premises - 172 sq m (1,851 sq ft)
First Floor:
Flat 1 - 78 sq m (840 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Flat 2 - 45 sq m (484 sq ft)
1 Bedroom, Kitchen/Living Room, Bathroom
Flat 3 - 78 sq m (840 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Second Floor:
Flat 4 - 78 sq m (840 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Flat 5 - 46 sq m (495 sq ft)
1 Bedroom, Kitchen/Living Room, Bathroom
Flat 6 - 85 sq m (915 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Total retail area size: 172 sq m (1,851 sq ft)
Total residential area size: 410 sq m (4,414 sq ft)
Location:
Cleator Moor is a town, civil parish and two electoral wards in the English county of Cumbria and within the boundaries of the historic county of Cumberland. The area offers a wide range of public transport choices and there are ample public parking spaces in the vicinity. There are bus stops located near to the site, the closest being approximately 98ft from the site. Bus service 30 route is Maryport to Thornhill/Frizington and service SX9 is Asby to Workington. Occupiers nearby including Greggs, Age UK, Opticians, Butchers, Restaurants and more.
