Carigiet Cowen | Chartered Surveyors

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Your search results: Retail

Station Street, 11Cockermouth

To Let - Retail

***TOWN CENTRE LOCATION***
***100% RATES RELIEF ATTAINABLE***
***SUITABLE FOR A VARIETY OF COMMERCIAL USES***
***NO VAT PAYABLE ON THE RENT***

The mid-terrace property comprises of a self contained ground floor unit with basement.

The residential flat above is held under separate ownership.

The property has an extensive glazed window frontage, with personnel access door to Station Street.

The unit provides a ground floor unit split into two areas at present. The layout is rectangular in configuration, and would be suitable for a range of commercial operators, including salon, caf� or showroom.

ACCOMMODATION
Net Sales Area: 438 sq ft (40.69 sq ft)
Basement: 367 sq ft (34.10 sq m)

TERMS
Available by way of assignment or sub-letting of the current lease expiring on 3 September 2026. Alternatively, a new lease may be agreeable from the landlord direct.

Terms: Rent: �10,500 p.a.

Size: 74.79 m² (805 ft²)

View Details Status: Available

Station Street, 4 & 4DCockermouth

Investment for Sale - Retail

** LONG LEASEHOLD 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 long leasehold interest.

Terms: For Sale: �375,000

Size: 309.21 m² (3328 ft²)

View Details Status: Available

Station Street, 6Cockermouth

Investment for Sale - Retail

***TOWN CENTRE LOCATION***
***100% RATES RELIEF ATTAINABLE***
***SUITABLE FOR A VARIETY OF COMMERCIAL USES
***NO VAT PAYABLE***

LOCATION
Cockermouth is a busy market town and benefits from a convenient position between The Lake District and the west Cumbrian town of Workington.

The property sale comprises a long leasehold self contained ground floor only mid-terraced building of traditional construction under a residential flat which is held under separate ownership.

The exterior of the property is a large glazed window frontage, with personnel access door to Station Road.

The building provides a ground floor retail unit with self-contained WC and store room. The layout is rectangular in configuration, and would be suitable for a range of commercial operators.

ACCOMMODATION
Net Sales Area: 51.63 sq m (556 sq ft)
Store: 2.68 sq m ( 29 sq ft)
WC

SALE PRICE
Offers are invited in the region of �105,000 for the long leasehold investment.

The current tenant is holding over at �8,000 per annum exclusive.

VAT
We are advised that the property is not VAT elected, and therefore no VAT is payable on the sale price.

Terms: Sale Price: �105,000

Size: 54.31 m² (585 ft²)

View Details Status: Under Offer

Station Street, Unit 4 Cockermouth

Investment for Sale - Retail

** INVESTMENT FOR SALE **
** NEXT TENANT BREAK - 2038 **
** VAT FREE **

** LET AND INCOME PRODUCING **
** PASSING RENT �14,400 PER ANNUM EXCLUSIVE **
** SALE PRICE: �190,000 **

4 Station Street is a self contained ground floor retail unit, part of a three storey mid terraced building. The unit benefits from a single dedicated parking space to the rear and attractive window display frontages.

The residential flats above to the upper floors have been sold off previously on a long leasehold basis.

The premises are operated as a hot food takeaway. The business run another established takeaway from Main Street, Keswick.

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

TENURE
Unit 4 is currently let to Memoscan Ltd t/a Mama Mia on a 25 year lease with effect from December 2023 at a rent of �14,400 per annum with rent reviews 5th yearly. Tenant only breaks in December 2038 and 2043.

TERMS
Offers in the region of �190,000 are invited for the sale of the long leasehold interest.

Terms: Investment For Sale: �190,000

Size: 187.22 m² (2015 ft²)

View Details Status: Available

Station Street, Unit 4DCockermouth

Investment for Sale - Retail

** INVESTMENT FOR SALE **
** NEXT TENANT BREAK - APRIL 2028 **
** VAT FREE **

** LET AND INCOME PRODUCING **
** PASSING RENT �13,000 PER ANNUM EXCLUSIVE **
** SALE PRICE: �180,000 **

4D Station Street is a self contained ground floor retail unit, part of a three storey mid terraced building.

The unit benefits from a single dedicated parking space to the rear and attractive window display frontages.

The residential flats above to the upper floors have been sold off previously on a long leasehold basis.

The premises are occupied by Fyne Fish, as a fishmongers, who have been long established in the town of Cockermouth.

ACCOMMODATION/AREAS
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

TENURE
Unit 4D is currently let to Fyne Fish on a 10 year lease with effect from November 2021 at a rent of �13,000 per annum with rent reviews in 2024, 2027 and 2030. Tenant only breaks in April 2028 and 2030.

TERMS
Offers in the region of �180,000 are invited for the sale of the long leasehold interest.

Terms: Investment For Sale: �180,000

Size: 121.99 m² (1313 ft²)

View Details Status: Available

Main Street, 1AEgremont

For Sale - Retail

** RESIDENTIAL AND COMMERCIAL USES **
* LOCATED CLOSE TO PROPOSED NEW ALDI SUPERMARKET *
* OPPORTUNITY FOR INVESTMENT / OWNER OCCUPATION *
* CURRENT GROSS RENTAL INCOME �26,000 PER ANNUM *

DESCRIPTION
1a Main Street is a three storey mid terraced building and has been owner operated by KF Kitchens as a showroom and workshop premises with residential above.
Disc zone parking is available to the front.

Internally the ground floor comprises an open plan sales area with office to the rear.

There is a detached rectangular shaped workshop with parking space and self contained access to the four let and income producing residential bedsits inclusive of their own WCs and kitchens, arranged over the two upper floors.

The commercial parts are suitable for further owner occupation or being let off as investments.

At present, the four residential bedsits are let individually and generate a rental income of �26,000 per annum. The rental income on the building could be increased, subject to letting out the rear workshop and showroom.

ACCOMMODATION
Ground Floor: 60.07 sq m (647 sq ft)
Workshop: 37.83 sq m (407 sq ft)
First Floor: 3 Bedsits
(not measured due to occupation)
Second Floor: 1 Bedsits
(not measured due to occupation)

SERVICES
We understand mains water, electricity (3-phase) and drainage are connected. There are individual meters for each flat, shop and workshop.

SALE PRICE
�265,000 for the freehold investment.

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

Terms: Sale Price: �265,000

Size: 979.00 m² (10538 ft²) - 0.00 m² (0 ft²)

View Details Status: New Instruction

Main Street, 25Egremont

To Let - Retail

*RESTAURANT AND AIRBNB BUSINESS TO RENT *
**100% BUSINESS RATES RELIEF**
**NO VAT PAYABLE**

The property itself is situated on Main Street, within the town centre. Disc zone pull in/pull out car parking is immediately available outside the building as well as car parking to the rear.

A mid terraced restaurant and Airbnb property, suitable for re-opening or conversion to alternative commercial and residential uses throughout.

The ground floor has been fully renovated and provides an open plan rectangular restaurant with integral bar. The floor area provides space for approximately 50 covers. Access to a basement area for storage is provided.

To the rear of the restaurant, a large walk in freezer room has been created. In addition a large open plan commercial kitchen with full extraction system and cooking and washing appliances are fitted. Two WCs are accessible off the corridor.

Externally the building sits on a long rectangular plot. The extensive rear space is suitable for an external garden, bicycle storage, car parking or other uses.

The upper floors currently provide 3 no. self contained Airbnb units. These areas could continue to be used for Airbnb or converted to other forms of residential, subject to planning.

Ground Floor: 128.07 sq m (1,379 sq ft)
First Floor: 65.66 sq m ( 706 sq ft)
Second Floor: 26.78 sq m ( 288 sq ft)

RENT
The building, including restaurant and the Airbnb business is available To Rent on a term of years to be agreed at an asking rent of �30,000 p.a.

SALE PRICE
Alternatively, offers in the region of �225,000 are invited for the sale of the freehold building and business with vacant possession.

Terms: Rent: �30,000 p.a.

Size: 220.51 m² (2374 ft²)

View Details Status: Available

Main Street, 25 Egremont

For Sale - Retail

*FREEHOLD RESTAURANT AND AIRBNB FOR SALE *
**100% BUSINESS RATES RELIEF**
**NO VAT PAYABLE**

The property itself is situated on Main Street, within the town centre. Disc zone pull in/pull out car parking is immediately available outside the building as well as car parking to the rear.

A mid terraced restaurant and Airbnb property, suitable for re-opening or conversion to alternative commercial and residential uses throughout.

The ground floor has been fully renovated and provides an open plan rectangular restaurant with integral bar. The floor area provides space for approximately 50 covers. Access to a basement area for storage is provided.

To the rear of the restaurant, a large walk in freezer room has been created. In addition a large open plan commercial kitchen with full extraction system and cooking and washing appliances are fitted. Two WCs are accessible off the corridor.

Externally the building sits on a long rectangular plot. The extensive rear space is suitable for an external garden, bicycle storage, car parking or other uses.

The upper floors currently provide 3 no. self contained Airbnb units. These areas could continue to be used for Airbnb or converted to other forms of residential, subject to planning.

Ground Floor: 128.07 sq m (1,379 sq ft)
First Floor: 65.66 sq m ( 706 sq ft)
Second Floor: 26.78 sq m ( 288 sq ft)

Alternatively, the restaurant and Airbnb business if available To Rent at �30,000 p.a.

Terms: For Sale: �225,000

Size: 220.51 m² (2374 ft²)

View Details Status: Available

Main Street, 29Egremont

For Sale - Retail

**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.

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

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: 110.00 m² (1184 ft²) - 247.78 m² (2667 ft²)

View Details Status: Available

Market Place, 13Kendal

To Let - Retail

* PROMINENT TOWN CENTRE LOCATION *
* FULLY FITTED OUT MUSIC/EVENTS VENUE *
* HIGH-PROFILE GLASS FRONTAGE *
* SUITABLE FOR VARIOUS COMMERCIAL USES *
* FULLY DDA COMPLIANT *

LOCATION
Kendal is situated in south Cumbria and lies approximately 8 miles from Windermere, 50 miles south of Carlisle and 25 miles north of Lancaster.

The subject property is located on Market Place, which is one of Kendal�s busiest streets within the town centre. Nearby operators include The Westmorland Shopping Centre, Skipton Building Society, Crew Clothing, Caff� Nero, Nina�s Coffee Shop, TK Maxx and Mountain Warehouse.

DESCRIPTION
13 Market Place is a three-storey, mid-terraced property, featuring an attractive glazed frontage with double entrance doors and ramped access.

The rectangular shaped ground floor is configured as a spacious, open-plan area encompassing customer seating area, a bar, and concert space, complete with stage positioned to the rear.

A disabled WC is installed at this level, along with an accessible lift providing entry to various areas of the ground floor. A basement area is accessed internally and serves as a storage space, incorporating four WCs.

A staircase located at the front of the property leads to the first floor, which provides a generous open-plan seating area, complemented by a balcony that overlooks the stage below.

The second floor was formerly used as a commercial kitchen, with extraction systems and pipework still in place.

FLOOR AREAS
Ground Floor: 208.22 sq m 2,241 sq ft
First Floor: 117.89 sq m 1,269 sq ft
Second Floor: 62.00 sq m 0,667 sq ft
Basement: 15.20 sq m 0,164 sq ft
Total Area: 403.31 sq m 4,341 sq ft

SERVICES
We understand mains water, gas, electricity, and drainage are connected to the property. Air conditioning cassettes are installed throughout, providing heating and cooling climate control.

LEASE TERMS AND RENT
The property is available TO LET on a new FRI lease for a term of years to be agreed at a rent in the region of �35,000 per annum exclusive.

VAT
We understand the building is registered for VAT; therefore, VAT is payable on the rent.

Terms: Rent: �35,000 p.a.

Size: 403.31 m² (4341 ft²)

View Details Status: New Instruction

Stramongate 1 & Kent Street, 2Kendal

Investment for Sale - Retail

* PRIME FREEHOLD RETAIL INVESTMENT *
* ONLY SUBWAY WITHIN KENDAL TOWN CENTRE *
* WAULT OF APPROXIMATELY 14.75 YEARS*
* POSITION FOR SUBWAY IN KENDAL SINCE 2014*
*POTENTIAL TO INCREASE RENT REGULARLY *

LOCATION
The property is located on the corner of Stramongate and Kent Street, which is adjacent to Finkle Street and Market Place, the pedestrianised shopping streets for the town.

DESCRIPTION
The three storey corner building has prominent frontage onto Stramongate and Kent Street with convenient vehicle access available.

The building has been operational as a SUBWAY for many years, and remains the only one in Kendal town centre.

The tenant rents the whole of the property comprising basement stores, ground floor shop, first floor customer seating and office, plus second floor storage areas.

ACCOMMODATION
Sales ITZA: 60.85 sq m ( 655 sq ft)
Disabled WC
First floor
customer seating: 34.10 sq m ( 367 sq ft)
First floor storage: 29.36 sq m (0,316 sq ft)
Second floor: 78.87 sq m (0,849 sq ft)
Basement: 25.02 sq m ( 269 sq ft)

SERVICES
We understand mains water, electricity and drainage are connected. Air conditioning has also been installed. The tenant is responsible for paying the various suppliers in respect of each of the services.

TENANCY
The premises are let on a 15 year FRI lease, with no tenant break, from February 2025.
The passing rent is �21,000 per annum exclusive.
The building is let to Vaah Ltd (company number 15014740) 12 Redthorn Grove, Birmingham B33 8BE.

Security against the lease is provided by way of personal guarantors from the company directors.
The rent can be reviewed on an upwards only basis in the 5th and 10th years of the lease.

Terms: Sale Price: �350,000 + VAT

Size: 228.20 m² (2456 ft²)

View Details Status: New Instruction

Stricklandgate, 7Kendal

To Let - Retail

*** PROMINENT TOWN CENTRE UNIT ***
*** SUITABLE FOR VARIOUS COMMERCIAL USES ***
*** ATTRACTIVE FRONTAGES ***

LOCATION
The subject property is located on the corner of Stricklandgate and Finkle Street which is one of Kendal�s busiest points within the town centre.

7 Stricklandgate is an end of terrace rectangular shaped corner building arranged over ground and first floors with basement.

The building has prominent frontage onto Stricklandgate and Finkle Street, as well as DDA access to a splay access door. A further access door lies on Stricklangate.

The ground floor area is largely open plan. The first floor provides storage and offices, as well as a staff kitchen, and separate male and female toilets.

Stricklandgate and nearby streets have loading bays, pull in pull out disc zone parking and pay and display car parks nearby.

AREAS/ACCOMMODATION
Ground Floor: 94.43 sq m (1,016 sq ft)
First Floor: 69.46 sq m (0,748 sq ft)
Basement: 81.16 sq m (0,874 sq ft)

TERMS
Available TO LET on a new FRI lease for a term of years to be agreed at a rent of �37,500 per annum.

Terms: Rent: �37,500 p.a. + VAT

Size: 245.05 m² (2638 ft²)

View Details Status: Under Offer

High HillKeswick

To Let - Retail

**LAKE DISTRICT LOCATION**
**POSITIONED NEXT DOOR TO PREMIER INN**
**NO VAT PAYABLE ON THE RENT**
**RENT �30,000 P.A.**
**DEDICATED CAR PARKING**
**CLOSE TO KESWICK TOWN CENTRE**

LOCATION
This is a popular section of the town for visitors parking and exploring the surrounding fells, and the popular Keswick to Threlkeld walk.

THE PROPERTY
A ground floor commercial unit with luxury apartment above. Letting of the whole building including the luxury apartment would be considered. Details direct from the agent.

The ground floor, is available TO LET and provides a self-contained commercial unit which has most recently been fitted out and used as a cafe/restaurant premises, trading as The Bridge Caf�. Suitable for continued or similar use.

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)

TERMS
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 �30,000 per annum exclusive, initially as an introductory rent for continued use as a caf� / restaurant. The rent will increase to �40,000 per annum exclusive, subject to term and covenant strength.

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

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

Rent for Whole Building: POA

Terms: Rent: �30,000 p.a.

Size: 1968.00 m² (21183 ft²)

View Details Status: Available

Market Square, The Moot HallKeswick

To Let - Retail

* PRIME TOWN CENTRE LOCATION *
* OFFICE, RETAIL AND PUBLIC SECTOR USES *
* COMMUNITY PURPOSES CONSIDERED *
* STRONG FOOTFALL ALL YEAR ROUND *
* HISTORIC GRADE II LISTED KESWICK BUILDING *
* DDA ACCESS AND PASSENGER LIFT *

LOCATION
Keswick is one of the largest and main Lake District towns, drawing in visitors most of the year round. Whilst some of the Lake District towns are only bustling during the summer months, Keswick�s sectors tend to trade well most of the year.

The subject property is positioned at the centre of the town and close to the principal car park. Nearby occupiers include Sea Salt, Cotswold Outdoor, Mountain Warehouse, Weird Fish, The Round, and The King�s Arms Hotel. This is a popular section of the town for visitors parking and exploring the surrounding fells and the popular Keswick to Threlkeld walk. The building provides the start and finish point for the famous Bob Graham Round run.

The Moot Hall is a Grade II-listed building that was built in 1813. It is a detached three-storey traditional stone building with a pitched slate roof and a clock tower, which was refurbished in 2017. Internally, the ground floor offers an open plan sales area with storage at the rear. The first floor comprises a further sales area with offices and storage, accessed via an internal open staircase and a lift to the front. The rear of the property can be accessed via an external staircase and a separate entrance. The second floor, also with staircase and lift access, provides a community room/meeting room space, with a kitchen, WC and storage facilities.

ACCOMMODATION

Ground Floor Sales Area: 78.31 sqm 843 sqft
Store: 09.68 sqm 104 sqft
First Floor Sales: 28.29 sqm 305 sqft
Offices: 20.98 sqm 226 sqft
Second Floor Offices: 58.03 sqm 625 sqft
Total Net Internal Area: 195.29 sqm 2,102 sqft

SERVICES
We understand mains water, gas, electricity, and drainage are connected to the property. There is a gas-fired underfloor heating system installed within the property, which is supplemented by a number of electric storage heaters.

LEASE TERMS AND RENT
The property will be available to let as a whole on a new internal repairing and insuring lease for a term of years to be agreed from 1st April 2026 at a rent of �4,000 per calendar month exclusive.

Consideration would be given to an under-letting of part of the property, subject to agreement on suitable terms.

The contractual expiry date of the current lease to the Lake District National Park Authority is
31 March 2026.

VAT
VAT will be payable on the rent and any other outgoings.

Terms: Rent: �48,000 p.a. + VAT

Size: 195.29 m² (2102 ft²)

View Details Status: New Instruction

Station Street, 30Keswick

Investment for Sale - Retail

* LAKE DISTRICT LOCATION *
* RARE SALE & LEASEBACK INVESTMENT OPPORTUNITY *
* NO VAT PAYABLE ON THE SALE PRICE *

30 Station Street is a two-storey property located in a good secondary trading location, conveniently nestled between Main Street and Fitz Park. The building is well positioned at the top end of Station Street.

Surrounding occupiers include a mixture of national companies and well established local independent retailers who have traded from Keswick for years.

The ground floor comprises a self contained commercial unit currently operating as the Cumberland Building Society Branch.
The first-floor accommodation is a self-contained first floor holiday flat sitting immediately above the Cumberland branch. The space comprises an entrance hallway, two double bedrooms, kitchen/diner, separate WC and cleaning room and is fitted out to a good standard throughout.

ACCOMMODATION AND AREAS
Ground Floor - Cumberland Branch
Branch: 106.97 sq m (1,151 sq ft)

First Floor - Holiday Accommodation
Kitchen/Diner: 28.54 sq m ( 307 sq ft)
Bedroom Master: 17.99 sq m ( 194 sq ft)
Bedroom Twin: 14.25 sq m ( 153 sq ft)
Cleaning Room: 5.72 sq m ( 62 sq ft)
WC

TENURE AND TENANCIES
Ground Floor - Cumberland Branch
(currently owner occupied)
On sale completion, the vendor agrees to enter in to a new lease on the following terms: -
� Term � 20 years with effect from sale completion
� Rent - �20,000 per annum exclusive
� Breaks � End of Years 5, 10 and 15
� Rent Reviews � End of Years 5, 10 and 15
� Repair � IRI

First Floor - Holiday Accommodation
The holiday accommodation is managed by a third party. The average net income after management costs and services for the 2022 and 2023 years is approximately �13,500 per annum.

SALE PRICE
Offers in the region of �575,000 are invited for the sale and leaseback freehold investment. At completion, the current owners, the Cumberland Building Society, will enter into a new lease with effect from sale completion. Other details on the proposed lease are available from the agent.

The holiday let accommodation above will continue as is, but could be converted to alternative uses or other forms of residential, subject to planning and discussion with the Local Planning Authority.

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

Terms: Sale Price: �575,000

Size: 173.47 m² (1867 ft²)

View Details Status: Available

Carleton Meadows, New Build UnitPenrith

To Let - Retail

*** NEW BUILD RETAIL UNIT ***
*** GROUND FLOOR COMMERCIAL PREMISES ***
*** SUITABLE FOR A VARIETY OF USES ***
*** DEDICATED CAR PARKING ***
*** LOCATED ON CARLETON MEADOWS ***

LOCATION
The new build unit forms part of a large residential development situated on Carleton Meadows, which is located to the east of Penrith town centre.

DESCRIPTION
The ground floor unit is currently at the final stages of completion.

Internally, the unit will be an open plan layout, finished to a shell condition, for the purchaser or tenant to fitout accordingly and benefits from parking and an accessible WC. The unit would be suitable for a variety of uses including;

*cafe
*shop
*beauty salon
*dog groomers

AREAS
Ground Floor Net Internal Area:
1,238 sq ft (115.01 sq m)

SERVICES
We understand the property will be connected to mains electricity, water and the drainage system.

SALE PRICE
The ground floor unit is FOR SALE on a long leasehold basis. The quoting sale price will be available via the agent upon application.

TERMS
Alternatively, a letting of the ground floor unit may be considered at a quoting rent of �18,750 per annum exclusive.

Terms: Rent: �18,750 p.a.+ VAT

Size: 115.01 m² (1238 ft²)

View Details Status: Under Offer

Carleton Meadows, New Build UnitPenrith

For Sale - Retail

*** NEW BUILD RETAIL UNIT ***
*** GROUND FLOOR COMMERCIAL PREMISES ***
*** SUITABLE FOR A VARIETY OF USES ***
*** DEDICATED CAR PARKING ***
*** LOCATED ON CARLETON MEADOWS ***

LOCATION
The new build unit forms part of a large residential development situated on Carleton Meadows, which is located to the east of Penrith town centre.

DESCRIPTION
The ground floor unit is currently at the final stages of completion.

Internally, the unit will be an open plan layout, finished to a shell condition, for the purchaser or tenant to fitout accordingly and benefits from parking and an accessible WC. The unit would be suitable for a variety of uses including;

*cafe
*shop
*beauty salon
*dog groomers

AREAS
Ground Floor Net Internal Area:
1,238 sq ft (115.01 sq m)

SERVICES
We understand the property will be connected to mains electricity, water and the drainage system.

SALE PRICE
The ground floor unit is FOR SALE on a long leasehold basis. The quoting sale price will be available via the agent upon application.

Terms: For Sale: Price on application

Size: 115.01 m² (1238 ft²)

View Details Status: Under Offer

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

New Squares, Unit IPenrith

To Let - Retail

** NET SALES AREA 1,824 SQ FT (169.46 SQ M) **
** FULLY FITTED OUT UNIT **
** CENTRALLY LOCATED WITHIN NEW SQUARES SCHEME **
** ATTRACTIVE SHAPE & FRONTAGES **

The unit comprises a former delicatessen and caf� unit with attractive frontages.

The unit is suitable for a variety of other retail uses, offices and small showroom.

This is a centralised position within the New Squares Scheme.

ACCOMMODATION
Net Sales Area: 1,824 sq ft (169.46 sq m)

TERMS
Subject to possession, available TO LET by way of a new effectively full repairing and insuring lease by way of service charge for a term of years to be agreed.

SERVICE CHARGE
The ingoing tenant will contribute towards the onsite Service Charge maintenance programme and the current premium is �4,566.

Terms: Rent: �20,000 p.a.

Size: 169.46 m² (1824 ft²)

View Details Status: Under Offer

Penrith New Squares, Bowling Green Lane, 3 (Unit H1)Penrith

To Let - Retail

*SUITABLE FOR VARIOUS USES*

Two storey retail unit offering the opportunity to trade over both floors.

Ground floor: 1,909 sq ft
First floor: 1,939 sq ft
Shell finish, ready to fit out as required.

Terms: Rent: �15,000 p.a.

Size: 357.48 m² (3848 ft²)

View Details Status: Available

Penrith New Squares, Brewery Lane, 1 (Unit J1)Penrith

To Let - Retail

*CENTRALLY LOCATED*
*ATTRACTIVE RETURN FRONTAGE*

Ground floor retail unit adjacent to Dream Doors and Boots Opticians.

1,340 sq ft of ground floor space, ready to be fitted out to meet an individual occupier's requirements.

Regular shape with return frontage onto Two Lions Square.

Terms: Rent: �12,000 p.a.

Size: 124.49 m² (1340 ft²)

View Details Status: Available

Penrith New Squares, Brewery Lane, 13 (Unit L1)Penrith

To Let - Retail

*FULLY FITTED OUT UNIT*
*LOCATED NEXT TO 02 AND ARGOS*

Fitted out to a high standard white box finish, this ground floor unit is adjacent to O2 and Argos.

Close to the entrance to the Penrith New Squares scheme. An excellent opportunity to secure in excess of 2,000 sq ft and be trading in a matter of weeks.

Terms: Rent: �15,000 p.a.

Size: 187.70 m² (2020 ft²)

View Details Status: Available

Penrith New Squares, Brewery Lane, 7 (Unit J4)Penrith

To Let - Retail

*SHELL CONDITION*

Smallest remaining unit within Penrith New Squares.
1,129 sq ft of ground floor space adjacent to Boots Opticians and Dream Doors.

Terms: Rent: �12,000 p.a.

Size: 104.88 m² (1129 ft²)

View Details Status: Available

Penrith New Squares, Brewery Lane, 9 (Unit K1)Penrith

To Let - Retail

*ATTRACTIVE FRONTAGE*
*SHELL CONDITION*

Ground floor retail space, extending to
1,492 sq ft.
Regular shape with return frontage.

Terms: Rent: �12,750 p.a.

Size: 138.61 m² (1492 ft²)

View Details Status: Available

Rowcliffe Lane, The Old Observer HousePenrith

To Let - Retail

*** TOWN CENTRE PREMISES ***
*** 100% BUSINESS RATES RELIEF ***
*** NO VAT PAYABLE ON THE RENT ***

Situated in the centre of town and formerly used as a dental practice, The Old Observer House offers character and charm with its multi use accommodation spread over 3 floors comprising:-

� Ground floor reception/office/storage space
� First floor treatment/office room and mezzanine
�waiting area� or further office space
� Second floor WC, kitchen/staff room and a
further large treatment/office room.

The property lends itself perfectly for use as a beauty/health treatment centre, or general offices/storage for a small business start-up.

ACCOMMODATION
Ground Floor Entrance: 4�8� x 13�0�
Mezzanine area: 8�0� x 13�0�
First Floor Room: 10'7" x 18�
Second Floor Kitchen: 10�10� x 7�6�
Second floor Room: 10'7" x 18�3"
Total Useable Floor Area: 914 sq ft (84.91 sq m)

SERVICES
Mains water, electricity and drainage are connected.

TERMS
Available immediately and initially for a 1 year lease at a rent of �400 per calendar month (inclusive of building insurance).

VAT
No VAT is payable on the rent.

Terms: Rent: �4,800 p.a.

Size: 84.91 m² (914 ft²)

View Details Status: Available

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