Skip to content
Buy
Property for sale New homes for sale Property valuation Investors Mortgages
Rent
Property to rent Student property to rent
Find Agent
Find estate agents
House prices
Sold house prices Instant online valuation
Commercial
Commercial property to rent Commercial property for sale Advertise
Inspire
Moving stories Property news Energy efficiency Property guides Housing trends Overseas blog Mortgage guides
Overseas
All countries Spain France Portugal Italy Greece Currency Sell Overseas property

4 Market Street, Carlisle, Cumbria, CA3

£100,000

£119.33 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

838 sq ft

78 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: Class E

E

Key features

  • Rental Income: £8,000 p.a.
  • Gross Initial Yield: 8.00%
  • Comprises ground floor retail shop t/a convenience store
  • Let until 2031. Review rent on 3rd anniversary linked to RPI

Description

Investment Consideration:
Gross Initial Yield: 8.00%
Rental Income: £8,000 p.a.
VAT is NOT applicable to this property
Comprises ground floor retail shop t/a convenience store
Let until 2031. Review rent on 3rd anniversary linked to RPI
Occupiers nearby include The Market Hall Shopping Centre, TK Maxx, Barbers and more.

Property Description:
Comprises ground floor retail shop trading as a convenience store, providing the following accommodation and dimensions:
Ground Floor: 77.88 sq m (838 sq ft)
Open plan retail, Storage, Kitchenette, WC

Tenancy:
The property is let to an Individual for a term of 6 years from 13th January 2025 at current rent of £8,000 p.a. and the lease contains full repairing and insuring covenants. Review rent on 3rd anniversary linked to RPI. Tenant has right to determine lease on 13th January 2028 with 6 months' notice. Deposit held of £2,000.

Tenure:
Long leasehold. To be held on a 999 year lease from completion at a ground rent of peppercorn.

Location:
Carlisle is a border city and the county town of Cumbria. The town is located 8 miles south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. Carlisle is the only city in Cumbria. The city centre is largely pedestrianised and the Lanes shopping centre is home to around 75 shops. Carlisle is linked to the rest of England via the M6 motorway to the south, and to Scotland via the M74/A74 towards Glasgow and the north. The property is located in the town centre with occupiers nearby include The Market Hall Shopping Centre, TK Maxx, Restaurants, Barbers and more.

Brochures

4 Market Street, Carlisle, Cumbria, CA3

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carlisle Station0.4 miles
  • Dalston Station4.0 miles
  • Wetheral Station4.3 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

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 assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 4marketplace. 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.

Map data ©OpenStreetMap contributors.

Email

Call

Email