LANDLORD & TENANT
About this property:
RETAIL INVESTMENT WITH DEVELOPMENT POTENTIAL
Egremont is an historic West Cumbrian market town, situated approximately 5 miles south of Whitehaven and 6 miles north of the Sellafield nuclear facility, the county’s largest employer. The De Lucy Centre is prominently situated in the heart of the town centre being on Market Place at the junction with Main Street, South Street and Castle Villas.
Nearby occupiers include Boots Pharmacy, The Co-op and Greggs in addition to a range of local independent businesses such as hairdressers, beauticians and eateries to name a few.
The De Lucy Centre is a substantial end terraced two/ three storey building comprising ground floor retail and upper floor offices.
The ground floor retail unit with basement stores will be let to Age UK West Cumbria by way of a new 10 year internal repairing and insuring lease at a rent of £10,500 p.a. subject to review at the end of the 5th year. There is separate access to the upper floors, which currently comprise a mixture of offices, meeting/ conference room facilities, and an open plan day centre area with kitchen. There is lift access to the first floor and provision of a disabled WC. The upper floors are ideally suited for continued use as offices and/ or clinic/ surgery type premises. Alternatively they offer potential for conversion to residential flats subject to securing the necessary planning consents.
Externally there is no dedicated parking for the building, however, there is disc and disabled parking available immediately to the front and opposite.
Terms: For Sale: £185,000
Size: 174.77 m² (1881 ft²)
Postcode: CA22 2AF
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