Commercial Property for sale

19-20 King Street, Whitehaven, Cumbria

Sold STC £195,000

Property Description

Key features

  • Freehold investment
  • Town centre location
  • Prime retail pitch
  • Large sales area

Full description

Tenure: Freehold

A superb freehold investment located in a prime retail pitch within Whitehaven's busy town centre at a guide price of 195,000 pounds.

The property has been fully let to the existing retailer for the past 20 years with a new FRI lease from June 2016 for 10 years and rent of 20,000 pounds per annum from June 2017 with an agreed reduction to £10,000 in year one.

The unit consists of a total sales area of 181 sq. m arranged over two floors with excellent display facilities on the ground floor. Staff office, toilet and kitchen facilities are available on the first floor. There are excellent storage facilities circa 96 sq. m located on the second floor. The total area of the building is circa 280 sq. m.


Location
Whitehaven is the main commercial and residential centre in the borough of Copeland. The property benefits from a location in one of Whitehaven's busiest streets. The town has a residential population of approximately 25,000 and serves as a significant sales and employment centre to outlying areas.

Services
Mains gas, electricity, water and drainage. Gas central heating to the ground and first floors. Telephone line installed subject to BT regulations. Please note - the mention of any appliances and/or services within these particulars does not imply that they are in full and efficient working order.

Directions
On foot from the Whitehaven office, turn right on to King Street, the property is on the left just before Lowther Street

Property ref: 121_2614_4253708

Legal Costs 
Each party is to be responsible for the payment of their own legal fees.

Tenure 
We understand the property is freehold.

Rates 
Description in list is Shop and Premises - Rateable value £24,250

The rateable value is not the rates payable and prospective purchasers should make their own enquiries to the local rating authority with regard to the liability. Contact Copeland Borough Council on 01946 698300.

VAT and Stamp Duty 
There is an option to tax on the premises and VAT will be payable on all rents, service charges and outgoings.

Planning 
Prospective purchasers should satisfy themselves that their proposed use complies with all planning regulations by making enquiries with the local planning authority.


More information from this agent

Nearest stations

  • Whitehaven (0.3 mi)
  • Corkickle (0.6 mi)
  • Parton (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Penrith Farmers & Kidds, Whitehaven

81-82 King Street, Whitehaven, CA28 7LE

01946 445013 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Whitehaven (0.3 mi)
  • Corkickle (0.6 mi)
  • Parton (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Penrith Farmers & Kidds, Whitehaven

81-82 King Street, Whitehaven, CA28 7LE

01946 445013 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4253708. 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 Penrith Farmers & Kidds, Whitehaven. 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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