55 High Street, Cleator Moor, Cumbria, CA25
Size
1,043
Tenure
Leasehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Rental Income: £6,000 p.a.
- Gross Initial Yield: 9.23%
- Comprises corner ground floor shop with ancillary accommodation at basement
- Completely refurbished in 2024 to a high standard
Description
Gross Initial Yield: 9.23%
Rental Income: £6,000 p.a.
VAT is NOT applicable to this property
Completely refurbished in 2024 to a high standard
Comprises corner ground floor shop with ancillary accommodation at basement
Located in the heart of the town centre with occupiers nearby including Greggs, Age UK and more.
Property Description:
Comprises corner ground floor shop with ancillary accommodation at basement. The property has been completely refurbished in 2024 and provides the following accommodation and dimensions:
Ground Floor/Basement Shop:
Main Shop - 45 sq m (484 sq ft)
Rear Store - 12 sq m (129 sq ft)
Basement - 40 sq m (430 sq ft)
Total area size: 97 sq m (1,043 sq ft)
Tenancy:
The shop is at present let to an Individual t/a Hair Salon for a term of 5 years from 10th March 2025 at a current rent of £6,000 p.a. and the lease contains full repairing and insuring covenants. Rent review on 10.03.28 linked to RPI. Tenant option to determine on 10.08.27 with min 3 months notice. Deposit held of £1,500. Lease within Landlord & Tenant Act 1954. Tenant has paid 1st Year rent in advance. Vendor will top up rent until 10.03.26 so the buyer receives the equivalent to £6,000 p.a. from completion.
Tenure:
Long Leasehold. To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Location:
Cleator Moor is a town, civil parish and two electoral wards in the English county of Cumbria and within the boundaries of the historic county of Cumberland. The area offers a wide range of public transport choices and there are ample public parking spaces in the vicinity. There are bus stops located near to the site, the closest being approximately 98ft from the site. Bus service 30 route is Maryport to Thornhill/Frizington and service SX9 is Asby to Workington. Occupiers nearby including Greggs, Age UK, Opticians, Butchers, Restaurants and more.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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- Floors in building
- 2
- Tenure
- Leasehold
- Length of lease
- 999 years left
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
55 High Street, Cleator Moor, Cumbria, CA25
About BLUE ALPINE PARTNERS LIMITED, London
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.
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