Guide price

£125,000

(£79.42/sq. ft)

Retail premises for sale
Investment - 53 King Street, Whitehaven, Cumbria CA28

    • 1,574 sq. ft

Freehold
Added on 16/02/2023

About this property

  • Current rent income £15,000 per annum

  • Ramsdens have over 120 branches

  • National high street retailer established in 1987

A three storey, mid terrace unit providing retail accommodation at ground floor level with integral offices and stores to the upper floors.

Location

Whitehaven is one of the major commercial centres in West Cumbria and is the administrative centre for Copeland Borough Council area. The property is located along the town's main shopping street and occupies a prime location next to a number of national high street operators, including Bodycare, Card Factory, Boots Opticians and Costa.

For identification purposes only, the location of the property is shown coloured red on the attached extract from the Goad Trade Plan.

Accommodation

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

Terms

Please note, the tenant occupies the ground floor and part of the first floor under their lease. The remaining
areas are currently non-tenanted.

Services

We understand that mains water, electricity and drainage are connected to the property

Business Rates

The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of £12,500. The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.

EPC

The property holds a current Energy Performance Certificate rating of e-105.

VAT

All figures quoted are exclusive of VAT, and VAT will be charged in addition at the appropriate rate.

Mortgage calculator

Monthly repayment

£625 per month

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Carigiet Cowen Chartered Surveyors

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