Office for sale

Merchants Drive, Carlisle CA3

The property extends to 4,500 sq ft being arranged over two floor levels providing a mix of open plan and compartmentalised office/meeting rooms. The building is of brick construction with aluminium and uPVC double glazed windows and feature glazed level entrance beneath a slate covered roof. The property was completely refurbished approx. 5 years ago inside and out at a substantial cost to provide high end accommodation with integral lift access.

Externally, there is parking for 24nr vehicles including 4nr EV charging points.
Accommodation


The property comprises the following approximate areas:
Ground floor


Offices
Gross Internal Area (gia): 225 m² (2,422 ft²)

Ladies/disabled toilet: 1wc & 1whb

Gents toilet: 1wc & 1whb
First floor


Offices
Gross Internal Area (gia): 225 m² (2,422 ft²)

Ladies toilet: 1wc & 1whb

Gents toilet: 1wc & 1whb
Services


All mains services are connected to the property; however, it is stressed that none of the services or associated plant has been tested. The property benefits from a passenger lift between ground and first floor levels as well as air conditioning (heat/cool) units serving the offices.

Energy performance certificate (EPC)

The property benefits from an EPC Rating of c-53.
Opportunity


The property provides a ready made opportunity for an owner occupier to walk into the premises and immediately begin trading. The quoting price reflects the high quality of the fit out, lack of expenditure required by a purchaser and the abundant car parking spaces included in the sale.
Tenure


The property is long leasehold being held for a term of 125 years from 2 July 1991 (91 years remaining unexpired) on full repairing and insuring terms at a passing ground rent of £7,264.38 per annum, reviewable every 5 years.
Price


Offers in the region of £625,000 for the long leasehold interest with vacant possession.
Planning


The building lies within an established employment area. Other occupiers include solicitors, banking, estate agents, insurance brokers, financial advisors, accountants and the media.

The permitted use, under the terms of the long leasehold, is B1 (now part of Use Class ‘E’) which includes financial/professional, administrative, research and development and light industrial along with now more broader medical/health, retail and food uses. Use Class B2 is also permitted subject, to Landlord consent, covering general industrial uses.

Interested parties can enquire of Cumberland Council on or alternatively telephone:
Business rates


The Rateable Value of the subject property is £41,500.

Interested parties should contact Cumberland Council on
VAT


VAT is payable in addition to the sale price.
Viewings


Please contact Stephen Sewell.