22 Lowther Street, CARLISLE

A Grade II listed building made up of red sandstone construction under a pitched slate roof.

22 Lowther Street provides recently refurbished office accommodation which is spread across five floors and has been designed to an extremely high-quality specification throughout. The lower ground floor can be self contained due to the separate access from street level which provides the ability to split the unit and for an operator to attain 100% Business Rates Relief.

The property benefits from 5 no. car parking spaces which are found at the rear and accessed from Crosby Street.


Location

Carlisle is the chief administrative and commercial centre of Cumbria with a resident population of circa 85,000 and a much wider catchment in excess of 150,000. The city is the principal retail centre for the area with Newcastle 60 miles east; Glasgow 90 miles north; and Preston 80 miles south.

The property is located on Lowther Street, close to the intersection with Devonshire Street, in a popular mixed retail and evening leisure area. Nearby occupiers include Lloyds Bank, Nationwide Building Society, Nando's, CMD Financial Solutions and Homesearch Direct.

The new University of Cumbria campus and Borderland redevelopment of the Citadel Buildings and Carlisle Train Station is in the pipeline and due to commence shortly. This building lies within close proximity to these developments.


Accommodation

This property has been measured and extends to the following approximate areas:

Terms

The upper floors are available TO LEt on a new lease for a term of year to be agreed at a rent in the region of £50,000 per annum exclusive.
Lower GF: £20,000 per annum exclusive - LET

All of the above subject to term and covenant strength

Services

We understand mains gas, water and electricity are connected to the property. The ground and upper floors benefit from ceiling mounted air
conditioning units.

Business Rates

The Valuation Office Agency describes the property as Office and Premises with a 2023 List Rateable Value for the GF/FF/SF/TF of £21,750.

EPC

The property has an energy rating of D-92.

VAT

VAT will be charged in addition at the prevailing rate on the rent