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Your search results: Retail

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Station Street, 4 & 4DCockermouth

Investment for Sale - Retail

** FREEHOLD RETAIL INVESTMENT **
** FULLY LET AND INCOME PRODUCING **
** PASSING RENT £27,400 PER ANNUM EXCLUSIVE **
** NO VAT PAYABLE **

4 & 4d Station Street provides two self contained ground floor retail units of a three-storey terrace building. Both units benefit from a single dedicated parking space to the rear and attractive window display frontages. The residential flats to the upper floors have been sold off previously on a long leasehold basis.

ACCOMMODATION / AREAS
Unit 4 - Memoscan Ltd t/a Mama Mia
Front Sales Area: 74.12 sq m 798 sq ft
Back Sales Area: 65.36 sq m 704 sq ft
Cellar - Storage: 47.74 sq m 514 sq ft
Total: 187.22 sq m 2,016 sq ft

Unit 4d - Fyne Fish
Front Sales Area: 78.75 sq m 848 sq ft
Rear Prep Area/Classroom: 43.24 sq m 465 sq ft
Total: 121.99 sq m 1,313 sq ft

SERVICES
We understand mains water, electricity and drainage are connected to the property. Gas is also connected to Unit no. 4.

TENURE
Unit 4 is currently let to Memoscan Ltd t/a Mama Mia on a new 25 year lease with effect from December 2023 at a rent of £14,400 per annum with rent reviews 5th yearly. There are tenant only breaks in December 2038 and 2043. The tenant is currently in the process of fitting out the unit ready for opening their hot food takeaway.

Unit 4d is currently let to Fyne Fish on new 10 year lease with effect from November 2021 at a rent of £13,000 per annum with rent reviews in 2024, 2027 and 2030. There are tenant-only breaks in April 2028 and 2030.

VAT
The property is not registered for VAT. Therefore VAT will not be payable on the sale price.

Offers in the region of £375,000 are invited for the freehold interest.

Terms: For Sale: £375,000

Size: 309.21 m² (3328 ft²)

View Details Status: Available
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High HillKeswick

To Let - Retail

**LAKE DISTRICT LOCATION**
**POSITIONED NEXT TO PREMIER INN**
**NO VAT PAYABLE**
**DEDICATED CAR PARKING**
**CLOSE TO KESWICK TOWN CENTRE**

A ground floor commercial unit with luxury apartment above.

The ground floor, which is available TO LET provides a self-contained commercial unit. The whole building comprises a two-story detached property of traditional Lakeland stone construction, under a pitched slate roof. A self contained luxury residential apartment sits above, and could be rented alongside the commercial aspect.

The ground floor was most recently fitted out and used as a cafe/restaurant premises, trading as The Bridge Café, and would be suitable for a continued or similar use as this. The accommodation has been fitted out to an excellent standard throughout, and is ready for a new tenant to walk into and start trading from.

Alternatively, the accommodation could be used for: -
• Salon Premises
• Convenience Store, Farm Shop or Delicatessen
• Bike Hire or Other Outdoor Adventure Sports Office
• Showroom
• Estate Agents or Holiday Accommodation Office
Externally there is car parking for approximately 14 vehicles to the front of the building. As well as well-kept outdoor seating patio area to the front of the property. Access for bin storage is available to the side of the building.

ACCOMMODATION
Ground Floor Useable Floor Area 182.84 sq m (1,968 sq ft)

The fully furnished ground floor of the property is available TO LET on a new lease for a term of years to be agreed at a rent of £40,000 per annum exclusive initially as an introductory rent for continued use as a café / restaurant.

This is subject to a 5 year term and a stepped rental increase annually of £5,000 pa. Subject to covenant strength, a rental deposit is likely to be required against the lease and equipment.

Alternatively, other uses would be let at a lower rental rate, subject to covenant strength, use and handover condition required.

A letting of the whole building including the luxury apartment would also be considered. Further details on this are available from the agent directly.

VAT
We understand the property is not elected for VAT, and therefore VAT will not be payable on the rent.

Terms: Rent for Ground Floor: £40,000 p.a.
Rent for Whole Building: POA

Size: 1968.00 m² (21183 ft²)

View Details Status: Available
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King Street, 41Penrith

Investment for Sale - Retail

***AVERAGE RENTAL INCOME AROUND £70,000 PER ANNUM***
***FREEHOLD INVESTMENT***
***TOWN CENTRE LOCATION***
***MIXED COMMERCIAL AND RESIDENTIAL***

A Grade II listed building arranged over three floors. The ground floor is currently fitted out and trades as a good quality restaurant with direct access from King Street, and also a secondary access from Rowcliffe Lane at the rear.
The first and second floors at the front of the building are currently fitted out as office suites with their own dedicated access off King Street.

The rear section of the building has been converted to provide a mixture of 4 no. 1 bed flats and 2 no. 2 bed flats which are privately rented on Assured Shorthold Tenancy agreements.

ACCOMMODATION/AREAS
Ground Floor Restaurant
Restaurant & Bar Area 92 sq m (990 sq ft)
Kitchen, Prep & Storage 38 sq m (410 sq ft)
Entrance Area & WCs 18.3 sq m (200 sq ft)

First & Second Floor Offices
First Floor Office & Ancillary
79 sq m (850 sq ft)
Second Floor Office & Ancillary
83.5 sq m (900 sq ft)

Second Floor Storage (above 1.5m)
14 sq m (150 sq ft)

Residential Flats
Flat 1 – 1 bedroom 23.25 sq m (250 sq ft)
Flat 2 – 1 bedroom 27.87 sq m (300 sq ft)
Flat 3 – 1 bedroom 24.22 sq m (260 sq ft)
Flat 4 – 1 bedroom 25.51 sq m (275 sq ft)
Flat 5 – 2 bedroom 55.75 sq m (600 sq ft)
Flat 6 – 2 bedroom 46.45 sq m (500 sq ft)

Offers in the region of £775,000 + VAT are invited for the sale of the freehold investment.

Terms: For Sale: £775,000 + VAT

Size: 0.00 m² (0 ft²)

View Details Status: Available

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