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Former CTD Tiles Unit, Viaduct Industrial Estate, Carlisle, Cumbria, CA2

£400,000

£33.67 per sq ft

Business rates & charges may apply

Knight Frank, Newcastle - Commercial
SIZE AVAILABLE

11,881 sq ft

1,104 sq m

SECTOR

Distribution warehouse for sale

Key features

  • Investment
  • Car Park

Description

Offers in excess of £400000.00

Prominent city centre trade counter unit
? 11,881 Ft2 GIA
? Low passing rent of £46,000 per annum
(£3.87 Ft2)
? Ground rent of £11,955 per annum
? Net rent after ground rent reduction
of £34,045 per annum
? Gross ERV of £65,345 per annum (£5.50 Ft2)
? Net of ground rent ERV of £53,390 per annum
? Highly accessible town centre location
? Fully let to Saint Gobain Building Distribution
Ltd (renamed Stark Building Materials UK Ltd)
for a term of 10 years from 8th April 2019,
and expiring on 7th April 2029
? Newly extended 125 year long lease from
Cumberland Council at a ground rent
of £11,955 per annum


The property is situated on Viaduct Industrial Estate on the edge of Carlisle Town Centre, 0.5 miles from Carlisle Station and Carlisle Castle, and 0.2 miles from Carlisle Cathedral. The wider area encompasses a range of predominantly commercial occupiers with a mixture of supermarkets and retail warehouses. Wider occupiers include: Dunelm, Dulux, Sainsburys, Cumbria Indoor Bowls Club and Lidl.

Brochures

Former CTD Tiles Unit, Viaduct Industrial Estate, Carlisle, Cumbria, CA2

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carlisle Station0.3 miles
  • Dalston Station3.8 miles
  • Wetheral Station4.3 miles

About Knight Frank, Newcastle - Commercial

St Anns Quay, 124 Quayside, Newcastle Upon Tyne, NE1 3BD

Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.

Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we do is earned by serving our clients and earning their trust.

Founded in 1896 and a Limited Liability Partnership (LLP) since 2003, the firm’s 60 Equity Partners promote progressive growth through a strong corporate culture, helping us to recruit and retain the best people.

Advising clients ranging from individual private investors, clients and homeowners to major developers and investors, we put teamwork, innovation and our passion for property at the heart of everything we do, striving to go the extra mile to exceed our clients’ expectations.

Notes

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Disclaimer - Property reference NCC012505794. 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 Knight Frank, Newcastle - Commercial. 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.

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