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Lowther Street, 21 Pizza ExpressCarlisle

Investment for Sale - Land/Development

*** ESTABLISHED CENTRAL FOOD & DRINK LOCATION ***
*** NEW 10 YEAR LEASE FROM MARCH 2025 ***
*** RESIDENTIAL REDEVELOPMENT OPPORTUNITY TO UPPER FLOORS ***
*** NO VAT PAYABLE ***
***FREEHOLD INVESTMENT SALE PRICE REDUCED***

LOCATION
The building is positioned on the corner of Lowther Street and Devonshire Street, in a popular daytime and evening area that provides a variety of local bars and restaurants.

DESCRIPTION
A three storey corner building of limestone construction, under a flat roof. The property benefits from occupancy from national tenant, Pizza Express, within the ground floor and basement.

The first and second floor has self-contained access to the vacant office accommodation, with the potential for these areas to be converted to residential use.

Indicative plans are attached and the planning reference number is 22/0609, and expires 3 August 2025. This is to create 4 no. apartments/flats, which was granted in August 2022.

Click onto the link to Cumberland Council website for details

https://publicaccess.carlisle.gov.uk/online-applications/simpleSearchResults.do?action=firstPage

AREA
Ground Floor Restaurant: 167.5 sq m (1,803 sq ft)
Basement: 80.45 sq m ( 866 sq ft)
First Floor: 92.72 sq m ( 998 sq ft)
Second Floor: 103.49 sq m (1,114 sq ft)
TOTAL: 444.16 sq m (4,781 sq ft)

TENANCY
Pizza Express (Restaurants) Limited is the tenant of the ground floor and basement. The lease began in January 2000 for a term of 25 years and has just been renewed from March 2025 until 2035 at a rent of £35,000 per annum exclusive. The tenant has a break in 2031. The rent is subject to a fifth year upward-only rent review, and the lease is drafted on internal repairing and insuring terms by way of service charge.

Further information including obtaining a copy of the lease is available by contacting the agent directly.

INVESTMENT SALE PRICE REDUCED
Offers in the region of £597,500 are invited for the freehold investment.

VAT
We understand the property is not elected for VAT therefore VAT will not be payable on the sale price.

Terms: Sale Price: £597,500

Size: 0.04 hectares (0.1 acres)

View Details Status: Available
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Main Street, 29Egremont

For Sale - Land/Development

**PRIME COMMERCIAL UNIT**
**2 BED SELF-CONTAINED FIRST FLOOR FLAT**
**EXTERNAL OUTBUILDINGS**
**POTENTIAL REDEVELOPMENT OPPORTUNITY TO EASTERN SIDE OF THE SITE**
**NO VAT PAYABLE**
**100% BUSINESS RATES RELIEF ATTAINABLE**

THE PROPERTY
To the front of the site on Main Street, a two-story mid terraced building with peddle dash render, under a pitched slate roof.

Internally, the unit was operating as a butchery shop and provides a rectangular shaped layout. The remaining ground floor provides a kitchen area. The accommodation has been operating as a family owned butchers for many years and is suitable for a variety of commercial uses.

The first floor is a self-contained flat with access from the kitchen area, providing two bedrooms, living room, bathroom and dining area.

EXTERNAL AREA
There are additional cold stores, general stores/workshops and a garage to the rear.

Additionally there is a potential redevelopment opportunity to the eastern end of the site. The ability to erect a building onto that part of the site and benefit from the accessibility from the car park and still also have dedicated car parking to the existing building, if the site is configured correctly.

At this stage, no outline planning permission has been obtained, and interested parties are encouraged to speak directly with Cumberland Council.

ACCOMMODATION
Ground Floor: Shop/Kitchen 66.65 sq m (717 sq ft)
First Floor Flat 43.35 sq m (467 sq ft)
External Cold Store: 6.00 sq m ( 65 sq ft)
External Stores: 90.53 sq m (975 sq ft)
Rear Garage: 41.25 sq m (444 sq ft)

Terms: Sale Price: £225,000

Size: 0.00 hectares (0 acres)

View Details Status: Available
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Criffel Street, 15Silloth

Investment for Sale - Land/Development

*** PRIME LOCATION IN SILLOTH ***
*** COMMERCIAL AND RESIDENTIAL USES ***
*** £20,800 pa COMMERCIAL RENTAL INCOME ***
*** PLUS THREE BED OWNER OCCUPIED FLAT ***

LOCATION
The property fronts on to Criffel Street and Esk Street within an area looking onto the town’s popular green and surrounded by various local independent retailers.

Parking is freely available to front and side of the property.

Surrounding occupiers include a wine bar, ice cream shop, hotel and pub, and convenience store. This is a prime location for Silloth.

THE PROPERTY
A substantial end of terrace corner building, arranged over basement, ground, first, second and attic floors. The property is operational for tenanted commercial and owner occupied residential uses at present.

The ground floor is well fitted out as a café/restaurant, currently trading as Mrs Wilsons. The accommodation is modern throughout. The commercial kitchen is fully fitted out with all necessary equipment and extractor hood. A fire escape door from this area leads into a small courtyard at the rear. The basement area is basic storage. The first-floor accommodation has been refurbished. This currently provides further commercial kitchen and function room space suitable for further seating, if required.

The second floor and attic floor comprises an owner occupied residential flat which provides three bedrooms. This accommodation is fitted out to a modern standard, has spacious rooms and boasts excellent views across the Solway and Silloth Green. It could be used as Air BnB or Holiday let accommodation, subject to planning.

ACCOMMODATION / AREAS
Commercial Basement: 035.58 sq m (1,383 sq ft)
Ground Floor: 069.73 sq m (1,751 sq ft)
Landing WC’s
First Floor: 105.59 sq m (1,136 sq ft)

Flat Second &
Third Floor: 120.91 sq m (1,301 sq ft)

Total Area: 376.81 sq m (3,571 sq ft)

TENURE
Basement, Ground Floor and
First Floor Commercial Unit
Term – 5 years wef 27 May 2021
Expiry – 26 May 2026
Rent - £20,800 per annum
Repair – IRI
Rent Deposit: £5,000

SALE PRICE
The property is available FOR SALE as a freehold investment with a sale price of £385,000.

VAT
We are advised that the property is not VAT elected, and therefore VAT is not payable on the sale price.

Terms: Sale Price: £385,000

Size: 0.04 hectares (0.1 acres)

View Details Status: Available
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Church Street, 6Whitehaven

For Sale - Land/Development

*FREEHOLD SALE PRICE REDUCED TO £220,000*
*HIGH QUALITY AIRBNB ACCOMMODATION*
*INCLUSIVE OF ALL FURNISHINGS AND INSTALLATIONS*
*POTENTIAL TO EASILY INCREASE NET PROFITS*
*100% BUSINESS RATES RELIEF MAY BE ATTAINABLE*
*NO VAT PAYABLE ON THE SALE PRICE*

6 Church street is a three storey mid-terraced property which has been converted to provide a shared living, kitchen, and utility area at ground floor level, with 4 no. private bedrooms over the two upper floor levels.

One bedroom to each level has a shower en-suite. There are also private bathrooms for the non-en-suite bedrooms. There is access to a rear yard area for bike storage.

Internally the accommodation is well fitted out throughout, for it’s current use as the Air BnB business.

Fit out briefly comprises: -
• Large sofas / dining table / chairs / wood burning stove
• Fully fitted kitchen with 2 no. ovens / microwave / fridge / freezer / hob / sink / beer machine
• Large TV / Wi-fi installation
• Laundry room with washing machine and dryer
• 4 no. bedrooms arranged over two floors equipped with TV’s / desks / storage

SERVICES
We understand mains gas, electricity, water and drainage are connected. In addition, wi-fi is installed and operational within the building, and a wood fired log burner has been fitted to the front room downstairs.

AIRBNB BUSINESS
The Airbnb business is managed by the vendor and has been operating since 2023. Full information on accounting info, turnover and profits, can be made available via the agent. There is scope to build on the existing healthy net profits by managing and cleaning the premises on a different arrangement.

ACCOMMODATION/AREAS
Ground Floor: 39.89 sq m ( 429 sq ft)
First Floor: 37.82 sq m ( 407 sq ft)
Second Floor: 36.82 sq m ( 396 sq ft)
Gross Internal Area: 114.53 sq m (1,233 sq ft)

SALE PRICE
Offers in the region of £220,000 are invited for the sale of the property and business, including trade name and goodwill. Subject to offer, the freehold building and business would be inclusive of all fixtures and fittings.

Terms: For Sale: £220,000

Size: 0.01 hectares (0.02 acres)

View Details Status: Available
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New Road, RosthwaiteWindermere

For Sale - Land/Development

*** PROPOSED COMMERCIAL OPPORTUNITY ***
*** VARIOUS USES CONSIDERED ***
*MAIN ROAD LOCATION AT HEART OF THE LAKE DISTRICT*

LOCATION:
The subject property is prominently positioned on New Road, extremely close to Windermere town centre, merging with Lake Road leading down the hill to the lake promenade which is arguably one of the main tourist attractions in Bowness and busiest areas in this vicinity.

DESCRIPTION
At present the site provides two holiday rental properties. Both of a rectangular construction, with dedicated car parking.

The owner has secured planning permission for a new development to provide a ground floor commercial unit of circa 3,500 sq ft, plus 10 units above.

Further information on this application can be found at the Lake District National Park Planning
Application portal, reference number 7/2022/5218.

The owner is offering an opportunity for a well established commercial user to explore taking a lease within the ground floor of the proposed development.

Alternative options for the site may be acceptable, subject to covenant strength, terms and planning consent.

The proposed commercial development would be suitable for a range of uses including; convenience store, grab and go food, restaurant, office and professional services use.

ACCOMMODATION
Site Area: 0.35 Acre

TERMS
The proposed unit will be available TO LET by way of a new lease. Rent on application from the agent.

SALE PRICE
Alternatively, a SALE of the site as is now may be considered. Offers in the region of £1.5 Million are invited for a sale of the freehold interest.

Terms: For Sale: £1.5 Million

Size: 0.12 hectares (0.3 acres)

View Details Status: Available

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