Crown Street, Carlisle, Cumberland

Freehold Investment For Sale

Crown Works Site, Carlisle, CA2 5AB

Property Summary

• Rare freehold investment opportunity comprising the multi tenanted Crown Works, a separately let car park and the former Crown Pub
• Located in a prominent position on the corner of Botchergate and Crown Street, nearby to significant ongoing regeneration in Carlisle City Centre, 2 miles from Junction 43 (M6), providing excellent road communications
• Crown Works is a landmark 6 storey building totalling 2,320.26m² (24,972 sq ft)
• The derelict Crown Inn Pub dates back to the 19th century and measures to 727.43m² (7,830 sq ft)
• Crown Street car park has 22 car parking spaces and is operated by I Park Services
• The site generates a total rental income of £82,000 per annum
• Guide Price: £1,200,000, reflecting a gross initial yield of 6.83%

REF: W1232

LOCATION

The opportunity is situated immediately to the south of Carlisle city centre in the North West of England. Carlisle lies close to the Scottish Border and adjacent to Junctions 42, 43 and 44 of the M6 motorway network. The site itself is approximately 2 miles from Junction 43, with connectivity to Junction 42 set to imminently improve with the completion of the Carlisle By-pass. It is also on the main west coast Glasgow to London Euston rail line, with Carlisle Train Station 0.4 miles to the north of the site, and has good access east to Newcastle, including Newcastle airport, along the A69 trunk road.

The site is located on the corner of Botchergate and Crown Street. St Nicholas Bridge Industrial Estate is situated directly to the south of the opportunity, with Carlisle Train Station sitting to the west, and Botchergate to the north and east of the site.

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.






DESCRIPTION

Crown Works

The landmark 6 storey building is a former mill of traditional block brickwork construction under a pitched slate roof, with large arched industrial steel windows throughout. Each floor measures to 386.71m² (4,162 sq ft) with a total gross internal area of 2,320.26m² (24,972 sq ft). The property was previously occupied by Carlisle Glass but has since been subdivided and now is let on a floor-by-floor basis to a number of local businesses.

The ground floor is let to Crown Woodworks, a bespoke joinery business, whilst the first floor is let to a gym operator Mapogos Fight Club, and the second floor is let to Studio A Dance Academy. The third and fourth floor are currently used as landlord storage, whilst the fifth floor and sixth floor (attic) are unoccupied.

Crown Pub

The former pub dates back to the 19th Century and is now derelict. Given its prominent pitch on the corner of Crown Street and Botchergate, the premises could lend itself to a number of uses subject to prospective purchasers obtaining the relent consents. Arranged over three floors of accommodation, the property has attractive sandstone window surrounds with traditional sash windows. The main access fronts onto Botchergate and there is also access to the rear via Crown Street Car Park.

Crown Street Car Park

Totalling 22 secure parking spaces on concrete and hardstanding, the car park is accessed from Crown Street and is open for 24 hours 7 days a week. The site is let to and operated by I Park Services who run a pay and display parking service.


ACCOMMODATION

The premises provide the following approximate gross internal areas:

Crown Works

Ground Floor 386.71m² 4,162 sq ft
First Floor 386.71m² 4,162 sq ft
Second Floor 386.71m² 4,162 sq ft
Third Floor 386.71m² 4,162 sq ft
Fifth Floor 386.71m² 4,162 sq ft
Sixth Floor (Attic) 386.71m² 4,162 sq ft
Crown Works GIA 2,320.26m² 24,972 sq ft

Crown Inn Pub GIA 727.43m² 7,830 sq ft

Crown Street Car Park 22 Car Parking Spaces

Total Approximate GIA 3,047.69m² 32,802 sq ft
Total Site Area 0.23 hectares 0.59 acres

*Crown Pub not inspected. Measurements taken from a previous listing.

SERVICES

It is understood that the land and property is connected to mains electricity, gas, water and the mains drainage/sewerage system.

RATEABLE VALUE

The premises is assessed with the following Rateable Values. Prospective occupiers should check the exact rates payable with Cumberland Council – .

Crown Works
Ground Floor £11,250
First Floor £12,000
Second Floor £10,500
Third & Fourth Floor £5,600
Fifth Floor Not Listed
Sixth Floor (Attic) Not Listed

Crown Street Pub Not Listed

Crown Street Car Park £5,060


ENERGY PERFORMANCE CERTIFICATE

The units are currently being re-assessed, further details available upon request.

TENANCY SCHEDULE

Crown Works Site

Property Tenants Annual Rent
Crown Works GF - Crown Woodworks
FF - Mapogos Fight Club
SF - Studio A Dance Academy £32,000
Crown Street Car Park I Park Services £50,000
Crown Pub (Vacant) Vacant £0
Total Annual Income £82,000


PROPOSAL

The site is available freehold with Crown Works (Title Number: CU195916) and Crown Pub (Title Number: CU147223) at a guide price of £1,200,000 reflecting a gross initial yield of 6.83%.

MONEY LAUNDERING LEGISLATION

Edwin Thompson is bound to comply with Anti-Money Laundering legislation including obtaining evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, interested parties will need to provide the requested evidence.

EASEMENTS, WAYLEAVES AND RIGHTS OF WAY

The land and property are sold subject to and with the benefit of all public and private rights of way, lights, drainage, cables, pylons or other easements, restrictions or obligations whether or not the same are described in these particulars of sale.

VAT

It is advised that the property is elected for VAT and therefore VAT is payable on top of the sale consideration.

LEGAL COSTS

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


VIEWING

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

Hugh Hodgson – H.
John Haley – J.
Ellie Oakley –

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 June 2026.