Offers in region of

£99,500

(£35.57/sq. ft)

Retail premises for sale
25 Pow Street, Workington, Cumbria CA14

    • 2,797 sq. ft

Added on 16/08/2024

About this property

  • Redevelopment potential

  • 100% business rates relief

  • Town centre building

The property is a former town centre public house, suitable for use as a café, salon, restaurant, bar or shop, with potential to create an upper floor residential flat.

Location

Workington is the main administrative and financial centre of West Cumbria, with a resident population of circa 30,000, and an estimated local authority catchment of around 95,000. The town is well served by the A595 and A596 trunk roads, and by rail to Carlisle, linking with the West Coast Main Line.

The subject property is located on Pow Street, the popular, busy pedestrianised area of Workington's Town Centre, where there are national, regional and local retailers and a good mix of cafes and restaurants. The area is adjacent to the Washington Square Shopping Centre.

Accommodation

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

Terms

Offers in the region of £99,500 are invited for the freehold interest with vacant possession, being sold as seen.

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 Public House and Premises with a 2023 List
Rateable Value of £8,750.

The small business non-domestic multiplier for the 2025/2026 rate year is 49.9p in the £.

EPC

The property has an energy performance asset rating of c-63.

VAT

The property is registered for VAT and VAT will be payable on the sale price.

Mortgage calculator

Monthly repayment

£497 per month

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Carigiet Cowen Chartered Surveyors

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