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Whitehaven – Freehold Vacant Retail Investment

For sale: £100,000.00|1,620 Sq Ft|Retail, General Retail, Retail - High Street

Property details

FOR SALE£100,000.00
SIZE1,620 Sq Ft
ADDRESS81-82 King Street, Whitehaven, Cumbria, CA28 7LE
TYPERetail, General Retail, Retail - High Street
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON31st January 2023

Description

Investment Consideration:
Vacant possession
ERV: £10,000 p.a. GIY: 10.00%
VAT is NOT applicable to this property
Comprises ground floor corner retail premises with ancillary accommodation at basement
Suitable for variety of uses (Class E)
Listed building, business rates exempt while vacant
Located in the heart of the town centre next to Whitehaven Marina with occupiers nearby including Halifax, Subway, Cinema, Hotels and many more.

Property Description:
The property comprises extensively refurbished ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 88 sq m (949 sq ft)
Open plan retail, Kitchenette, WC
Basement: 62 sq m (671 sq ft)
Ancillary
Note – the upper parts of the building do not form part of the sale and are in alternative ownership comprising a flying freehold aspect.

Tenancy:
The property is at present vacant. ERV: £10,000 p.a.

Location:
Whitehaven is equidistant between Carlisle and Barrow-in-Furness and serves as a retail, service and employment centre to the outlying rural areas. The A595 lies parallel to the town which leads in turn to the M6 at both Carlisle and Kendal. The property is situated in the heart of the town centre next to Whitehaven Marina with occupiers nearby including Halifax, Subway, Cinema, Hotels and many more,

Location

marker
Location: 81-82 King Street, Whitehaven, Cumbria, CA28 7LE

Whitehaven (0.3 miles)

Corkickle (0.6 miles)

Parton (1.5 miles)

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