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36=38 Botchergate, Carlisle, Cumbria, CA1

£215,000

£60.16 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

3,574 sq ft

332 sq m

SECTOR

Commercial property for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Rental Income: £20,000 p.a.
  • Gross Initial Yield: 9.30%
  • Comprises large ground floor public house t/a Brewdog
  • First/second floor vacant commercial premises has been sold-off on long leasehold

Description

Investment Consideration:
Gross Initial Yield: 9.30%
Rental Income: £20,000 p.a.
VAT is NOT applicable to this property
Comprises large ground floor public house t/a Brewdog
First/second floor vacant commercial premises has been sold-off on long leasehold
Located in the town centre within walking distance to Carlisle Train Station
Nearby occupiers include Vue Cinema, Ibis Hotel, Snap Fitness and more.

Property Description:
Comprises large ground floor public house let to Brewdog. The property includes vacant commercial accommodation at first/second floor which has been sold-off on long leasehold, providing the following accommodation and dimensions:
Ground Floor: Open plan bar & restaurant, storage, customer wc`s
First/Second Floor: Sold-off
Total GIA: 332 sq m (3,574 sq ft)

Tenancy:
The ground floor public house is at present let to Brewdog Retail Limited for a term of 15 Years from 20th September 2018 at a current rent of £20,000 p.a. and the lease provides full repairing and insuring covenants. Rent review on 20.09.28 open market upward only. Tenant break option to determine on 20.09.28 with min 6 months notice. Break option in 2023 NOT exercised.
The first/second floor commercial premises has been sold-off on long leasehold to an Individual for a term of 999 Years from 2024 at a ground rent of peppercorn.

Location:
Carlisle is a border city and the county town of Cumbria, as well as the administrative centre of the City of Carlisle district in North West England. Carlisle 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. Located in the town centre within walking distance to Carlisle Train Station. Nearby occupiers include Vue Cinema, Ibis Hotel, Snap Fitness and more.

Brochures

36=38 Botchergate, Carlisle, Cumbria, CA1

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Carlisle Station0.1 miles
  • Dalston Station3.9 miles
  • Wetheral Station4.0 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

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Disclaimer - Property reference brewdog. 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.

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