Offers in region of
£650,000
(£226.48/sq. ft)
Retail premises for sale7 Devonshire Street, Carlisle, Cumbria CA3
2,870 sq. ft
Freehold
About this property
Established city centre food & drink location
Commercial and residential uses
Includes business, stock, fixtures & fittings, trade name and goodwill
First time on the market since 1996
VAT not payable on purchase price
The property comprises a three storey mid terraced building of limestone block construction, under a pitched slate roof. The property is home to the popular local business, Le Gall, which was established in 1996 from this premises, operating from the basement, ground and first floors.
The second floor is a self-contained residential flat, lived in by the owner, encompassing a master bedroom, guest bedroom (including en-suite), living room and kitchen areas, all finished to a high standard.
Location
7 Devonshire Street is situated centrally on the recently redeveloped street, in a popular daytime and evening area that provides a variety of local bar and restaurant operators; In The Meantime, Connelly's Bar, The Thin White Duke.
Accommodation
This property has been measured on a Net Internal Area basis and extends to the following approximate areas:
Terms
Offers in the region of £650,000 are invited for the sale of the freehold property and business (includes stock, fixtures & fittings, trade name and goodwill).
Services
The property is connected to mains water, drainage, electricity (3 phase) and gas. Services have not been tested and interested parties should rely on their own investigations to confirm suitability.
Business Rates
The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of £24,250. The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.
*** 40% hospitality relief for qualifying occupiers ***
EPC
An EPC has been commissioned and will be made available shortly.
VAT
We understand VAT is not payable on the purchase price.
The second floor is a self-contained residential flat, lived in by the owner, encompassing a master bedroom, guest bedroom (including en-suite), living room and kitchen areas, all finished to a high standard.
Location
7 Devonshire Street is situated centrally on the recently redeveloped street, in a popular daytime and evening area that provides a variety of local bar and restaurant operators; In The Meantime, Connelly's Bar, The Thin White Duke.
Accommodation
This property has been measured on a Net Internal Area basis and extends to the following approximate areas:
Terms
Offers in the region of £650,000 are invited for the sale of the freehold property and business (includes stock, fixtures & fittings, trade name and goodwill).
Services
The property is connected to mains water, drainage, electricity (3 phase) and gas. Services have not been tested and interested parties should rely on their own investigations to confirm suitability.
Business Rates
The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of £24,250. The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.
*** 40% hospitality relief for qualifying occupiers ***
EPC
An EPC has been commissioned and will be made available shortly.
VAT
We understand VAT is not payable on the purchase price.
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Monthly repayment
£3,251 per month
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