1 Fisher Street
CARLISLE
For Sale 2,331 Sq Ft Sale: £195,000 Investment
- PRIME POSITION IN CARLISLE'S HISTORIC QUARTER
- INCOME PRODUCING AT £13,000 PA
- MIXED-USE CITY-CENTRE LOCATION CLOSE
- WELL-APPOINTED ACCOMMODATION
GRADE II LISTED CITY-CENTRE INVESTMENT OPPORTUNITY
A grade II listed traditional brick built three storey end of terrace building under a pitched slate roof. Internally, the property provides well fitted out office accommodation throughout including private and open plan meeting rooms, kitchen facilities, WC's and storage accommodation in the basement.
The property is let on a 10-year lease, due to expire on 12 February 2028, providing a secure and reliable income stream. It is currently producing a passing rent of £13,000 per annum. The tenant is Safety Net (UK), a well-established and reputable registered charity (Charity No. 1164998), offering strong covenant strength and long-term occupational stability.
Carlisle is the chief administrative and commercial centre of Cumbria with a resident population of circa 85,000 and a much wider catchment in excess of 150,000. The city is the principal retail centre for the area with Newcastle 60 miles east; Glasgow 90 miles north; and Preston 80 miles south.
The property is situated to the northern end of Carlisle City Centre, within the historic quarter offering views of Castle Way and Carlisle Castle. This is a mixed use area with uses including; offices, retailing, residential live/work accommodation and leisure.
| Description | Sq Ft | Sq M |
|---|---|---|
| Ground Floor | 821 | 76.27 |
| First Floor | 777 | 72.18 |
| Second Floor | 441 | 40.97 |
| Basemement | 290 | 26.94 |
| Total | 2,329.00 | 216.36 |
We understand mains water, gas, electricity and drainage are connected to the property.
Offers in the region of £195,000 are invited for the sale of the freehold investment.