1. Property photo 1 of 8 Photo 9
  2. Property photo 2 of 8 Photo 2
  3. Property photo 3 of 8 Photo 3

£295,000

(£9.20/sq. ft)

Industrial for sale
Plot G, Risehow Industrial Estate, Flimby, Maryport, Cumbria CA15

    • 32,052 sq. ft

Added on 27/05/2025

About this property

    The subject property comprises a complex of industrial buildings with office & ancillary facilities and large area of surfaced open storage land. The main production facility comprises a three bay industrial building of steel portal frame construction clad externally with profile metal cladding sheets to the walls and pitched roofs over, adjacent to which is a single storey office/ancillary block of assumed brick/block construction which is rendered externally with a pitched roof over part and an assumed flat felt roof over the other part.

    There is also a more modern, two storey office building which provides a mixture of open plan and private office space with WCs and staffroom.

    Externally, there is a substantial area of surfaced land to the rear of the property, which is used for open storage.

    Location

    The property is located to the south of the A596 in the village of Flimby, a short distance from the coastal town of Maryport
    and some 4.5 miles to the north of Workington. The Risehow Industrial Estate is home to a variety of industrial occupiers
    including Thompsons Plant Hire, West Coast Commercials and Cumbria Metals.

    Accommodation

    The property has been measured on a Gross Internal Area basis and provides the following approximate areas:
    Total Site Area: 3.37 acres (1.364 hectares)
    including surfaced open storage land extending up to 1.35 acres (0.546 hectares)

    Terms

    We understand that the property is held by way of a 99 year ground lease with effect from 1st February 1986. The Landlord
    is Cumberland Council. The current passing rent is £20,013pa and is subject to regular reviews.

    Offers in the region of £295,000 are invited for the long leasehold interest in the property.

    Alternatively, consideration would begiven to potentially sub-dividing the site and disposing of the land and buildings
    separately. Further details are available on application

    Services

    We understand that mains gas, water, electricity (3 phase) and drainage are connected to the property.

    Business Rates

    From the Valuation Office Agency website, we note the subject property is described as Workshop and Premises with a
    current Rateable Value of £69,500 with effect from 28th April 2023.

    VAT

    All figures quoted are exclusive of VAT and VAT will be charged in addition where applicable.

    Mortgage calculator

    Monthly repayment

    £1,475 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    Report this listing

    Carigiet Cowen Chartered Surveyors

    Logo of Carigiet Cowen Chartered Surveyors