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81-82 King Street, Whitehaven, Cumbria, CA28

Fixed Price
£80,000

£49.38 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

1,620 sq ft

151 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Comprises ground floor corner retail premises with ancillary accommodation at basement
  • Listed building, business rates exempt while vacant
  • Located in the heart of the town centre next to Whitehaven Marina with occupiers nearby including Halifax, Subway, Cinema, Hotels and many more.
  • VAT is NOT applicable to this property

Description

Investment Consideration:
Gross Initial Yield: 10.00%
Rental Income: £8,000 p.a.
VAT is NOT applicable to this property
Comprises ground floor corner retail premises with ancillary accommodation at basement
Located in the heart of the town centre next to Whitehaven Marina with occupiers nearby including Halifax, Subway, Cinema, Hotels and many more.

Property Description:
The property comprises extensively refurbished ground floor shop with ancillary accommodation at basement, providing the following accommodation and dimensions:
Ground Floor: 88 sq m (949 sq ft)
Open plan retail, Kitchenette, WC
Basement: 62 sq m (671 sq ft)
Ancillary

Note - the upper parts of the building do not form part of the sale and are in alternative ownership comprising a flying freehold aspect.

Tenancy:
The property is at present let to an Individual for a term of 6 Years 11 Months from 22nd September 2023 at a current rent of £8,000 p.a. and the lease contains full repairing and insuring covenants. Rent review in September 2026 open market upward only. Tenant option to determine in March 2025 with minimum 6 month`s notice. Deposit held of £2,000. Lease within Landlord & Tenant Act 1954

Location:
Whitehaven is equidistant between Carlisle and Barrow-in-Furness and serves as a retail, service and employment centre to the outlying rural areas. The A595 lies parallel to the town which leads in turn to the M6 at both Carlisle and Kendal. The property is situated in the heart of the town centre next to Whitehaven Marina with occupiers nearby including Halifax, Subway, Cinema, Hotels and many more,

Brochures

81-82 King Street, Whitehaven, Cumbria, CA28

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Whitehaven Station0.3 miles
  • Corkickle Station0.6 miles
  • Parton Station1.5 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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Disclaimer - Property reference Whitehaven8182. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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