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Warwick Road, Carlisle, Cumbria, CA1

Guide Price
£195,000

Business rates & charges may apply

EDWIN THOMPSON, Carlisle
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SECTOR

Commercial property for sale

Description

INVESTMENT FOR SALE

3 & 3A Warwick Road, Carlisle, Cumbria, CA1 1DH


* Attractive commercial and residential investment opportunity in Carlisle city centre
* Long standing tenant in occupation
* Overall area 146.34 sq m (1,575 sq ft)
* Rental £16,240 per annum
* Guide Price £195,000 exclusive


LOCATION

The subject property is located on Warwick Road within Carlisle centre, on the popular intersection between Lowther Street and The Crescent. The area has a mixture of national and local operators, with Nando's directly opposite the subject property, in addition to long established local leisure and retail companies. Pizza Express is also in close proximity, in addition to The Halston Hotel, The Andalusian and Penny Blue.

Carlisle lies close to the Scottish Border and adjacent to Junctions 42, 43 and 44 of the M6 motorway network. It is also on the main west coast Glasgow to London Euston rail line and has good access east to Newcastle, including Newcastle airport, along the A69 trunk road.

The City of Carlisle has a residential population of around 75,000, a wider city population of around 108,000 and an estimated catchment population of 235,000. As well as being the dominant shopping location, it is also the administrative centre in Cumbria and the Borders.

The attached location plan shows the location of the premises (for identification purposes only).


DESCRIPTION

The property comprises of a ground floor commercial unit with a basement, and a separately accessed 2 bed residential maisonette on the first and second floors.

The whole of the property is let under a single lease to a private individual. The private individual has been operating within the commercial element of the property as 'The Warwick' for over 16 years, a popular local hot food takeaway business. The ground floor presents well, with a modern hot food counter and waiting area to the front of the property, with a commercial kitchen, WC and storage to the rear. The basement provides an office area in addition to further storage accommodation. The first floor has a living room, kitchen and WC on the first floor, with 2 bedrooms and a shower room on the second floor.

The building is of brick construction underneath a pitched slate covered roof. The ground floor has a glazed frontage fronting onto Warwick Road with an electric roller shutter. The residential element is also accessed via Warwick Road, with the roof space being utilised for the bedroom areas, which has two dormer windows. There is a yard area to the rear of the property which has a separate storage area.


ACCOMMODATION

The property provides the following approximate internal areas:

Ground Floor
Zone A 24.11m2 (260 sq ft)
Zone B 9.31m2 (100 sq ft)
Internal Storage 3.73m2 (40 sq ft)
External Storage 1.08m2 (12 sq ft)
Staff WC 1.10m2 (12 sq ft)

Basement
Office 2.65m2 (29 sq ft)
Internal Storage 17.8m2 (192 sq ft)
Internal Storage 10.01m2 (108 sq ft)

First & Second Floor
Overall 76.55m2 (824 sq ft)

Total Area 146.34m2 (1,575 sq ft)


OPPORTUNITY

The whole of the property is let under a single lease. The current tenant, having taken on the premises in 2009, signed a lease renewal for a term of 10 years on 11 December 2021 to 20 December 2033. A rental of £16,240 per annum was agreed, which is to be reviewed every third anniversary of the term. There is no break notice within the current lease.

SERVICES

The property has mains supplies of gas, electricity and water and is connected to the mains drainage and sewerage systems.

RATEABLE VALUE

The VOA website states that 3 Warwick Road has a Rateable Value of £6,900 and is described as shop & premises.

Flat 3A is in the Council Tax Band A.

ENERGY PERFORMANCE CERTIFICATE

A copy of the EPC for the property is available upon request.

PROPOSAL

The property is available for sale at a Guide Price of £195,000 exclusive, for the freehold interest.

VAT

All figures quoted are exclusive of VAT where applicable.

LEGAL COSTS

Each party to bear their own legal costs in the preperation and settlement of the sale documentation together with any VAT thereon.

VIEWING

The property is available to view by prior appointment with the Carlisle Office of Edwin Thompson LLP. Contact:

Hugh Hodgson - h.

Tel:




IMPORTANT NOTICE

Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.
3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
5. These particulars were prepared in April 2025

Brochures

Warwick Road, Carlisle, Cumbria, CA1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carlisle Station0.2 miles
  • Dalston Station4.0 miles
  • Wetheral Station4.1 miles

About EDWIN THOMPSON, Carlisle

Fifteen Rosehill Montgomery Way, Rosehill Industrial Estate, Carlisle, CA1 2RW

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3-3aWarwickRoad. 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 EDWIN THOMPSON, Carlisle. 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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