£575,000
(£72.24/sq. ft)
Industrial for saleKirkby Thore, Penrith CA10
7,960 sq. ft
Just added
About this property
Multi-unit industrial estate investment.
Established commercial location within Kirkby Thore.
Providing 6 industrial units.
Extending to an overall gross internal area of 7,959 sq ft.
There are currently 4 tenants occupying the site.
Re-gear and asset management opportunities.
Part of the site may be suitable for developing more warehouse units.
Planning permission previously approved for 5 No. Industrial Units.
Guide price - £575,000, exclusive.
Introduction
A modern self-contained industrial estate investment let to longstanding tenants at a current passing rental of £26,160 per annum with opportunity for rental growth. The premises are situated on the established Kirkby Thore Industrial Estate, with good access to the Junction 40 of the M6 motorway network and the A66 trunk road which offers excellent synergy to the A66 Northern Trans-Pennine Project.
Location
The industrial estate is situated just off Main Street, in the village of Kirkby Thore, Cumbria in the North West England.
Kirkby Thore is located adjacent to the A66 Trans-Pennine arterial road, between the village of Temple Sowerby to the north west and the market town of Appleby to the south east. Kirkby Thore is skirted by the River Eden and situated close to the North Pennines aonb to the east, The Yorkshire Dales National Park to the south and the Lake District National Park to the west.
The village itself is relatively large, having a population of 765 (2021 Census) and benefits from a church, public house, shop/post office and primary school. Appleby is the closest town, approximately 5 miles away providing good local services, whilst Penrith, is the nearest major town, approximately 8 miles away.
The major employer in Kirkby Thore is British Gypsum which has quarried and mined Gypsum in Kirkby Thore for over 200 years and is the UK’s leading manufacturer of internal lining systems.
Nearby Penrith is an attractive and affluent market town situated on the north east fringe of the Lake District. It is well located being on Junction 40 of the M6 providing direct access north and south and to the A66 which leads west to the Lake District National Park and east to Scotch Corner and the A1(M).
Penrith has a resident population of approximately 16,701 (2021 Census) and is located within Eden District with a District population of over 54,000. Carlisle is approximately 20 miles to the north, Kendal 32 miles to the south and Keswick 18 miles to the west. Penrith has a train station on the West Coast Line with direct services north to Carlisle and Glasgow and south to London Euston with a train journey time of around 3 hours.
Kirkby Thore Industrial Estate is a well-established commercial and industrial location, offering a strategic location with good transport links and a range of businesses operating across manufacturing, storage, and distribution sectors. Its accessible rural location, combined with strong transport connections across the North of England, has made the estate an attractive destination for both established companies and growing enterprises seeking operational space in the region.
Description
The subject property comprises six single-storey warehouse units arranged in two blocks. Units 1 and 2 are at the front of the site providing semi-detached units and units 3-6 provide a terrace of four units to the rear of the site. The accommodation is arranged as follows:
The industrial units are all cavity block built with brick outer, incorporating insulated profile clad roofs and translucent roof panels, concrete flooring, LED strip lighting, manual roller shutter loading doors, separate pedestrian doors and window and door security shuttering.
Units 1 and 2
Unit 1 – benefits from a large open plan warehouse with concrete flooring, LED strip lighting, insulated profile clad roofing with translucent lighting and an office block. The office block provides a staff room and private office space and WC with carpeting throughout.
Unit 2 - benefits from a large open plan warehouse with concrete flooring, LED strip lighting, insulated profile clad roofing with translucent lighting and a separate block providing pedestrian entrance and two WC facilities.
Units 3-6
Units 3-6 all benefit from an open plan warehouse, solid concrete flooring, LED strip lighting, insulated profile clad roofs with translucent roof panels, rear fire escape doors, side personnel entrance, WC facilities and some having sperate offices.
The units in this terrace have been developed so they can be interconnected with lintels already in situ, and Units 4 and 5 are currently linked.
External
Externally, there is front loading and parking for each unit, a private estate turning circle, bunded lawned amenity land and the site is secured by steel fencing with double steel vehicle gates.
Accommodation
The premises extend to the following approximate gross internal areas:
Unit 1
Ground Floor 241.75m2 (2,602 sq ft)
Total Approximate Gross Internal Area 241.75m2 (2,602 sq ft)
Unit 2
Ground Floor 158.82m2 (1,709 sq ft)
Total Approximate Gross Internal Area 158.82m2 (1,709 sq ft)
Unit 3
Ground Floor 84.73m2 (912 sq ft)
Total Approximate Gross Internal Area 84.73m2 (912 sq ft)
Unit 4
Ground Floor 84.73m2 (912 sq ft)
Total Approximate Gross Internal Area 84.73m2 (912 sq ft)
Unit 5
Ground Floor 84.74m2 (912 sq ft)
Total Approximate Gross Internal Area 84.74m2 (912 sq ft)
Unit 6
Ground Floor 84.74m2 (912 sq ft)
Total Approximate Gross Internal Area 84.74m2 (912 sq ft)
Total Overall Approximate gia 739.51m2 (7,960 sq ft)
Site Area 0.321 hectares (0.79 acres)
Services
It is understood that the land and property have mains supplies of electricity (three phase), water and is connected to the mains drainage and sewage systems.
The services have not been tested and therefore should not relied upon.
Rateable values
According to the Valuation Office Agency Website, it is understood that the properties are assessed at a Rateable Value as follows:
Unit 1-2 – Rateable Value effective 1 April 2026 of £14,750
Unit 3 – Rateable Value effective 1 April 2026 of £4,600
Unit 4-5 – Rateable Value effective 1 April 2026 of £7,200
Unit 6 – Rateable Value effective 1 April 2026 of £4,550
Prospective tenants should check the exact rates payable with Westmorland & Furness Council Tel.
Energy performance certificates
Copies of the Energy Performance Certificates can be downloaded from the Government’s online database.
Lease details
The units are currently let on informal lease agreements at the following rents:
Units 1 and 2 £1,100 per calendar month £13,200 per annum
Unit 3 £270 per calendar month £3,240 per annum
Unit 4 £270 per calendar month £3,240 per annum
Unit 5 £270 per calendar month £3,240 per annum
Unit 6 £270 per calendar month £3,240 per annum
Total £26,160 per annum
Assest management opportunities
There are a number of short and medium term asset management opportunities to increase the income and return on the investment.
There is the potential to investigate developing further units on the site that could support a terrace of modern warehouse units that will be attractive in the current warehouse market. It is understood that planning permission was approved for the development of 5 no. Industrial units on site under Planning Reference: 16/1108.
There is also potential rental growth at passed/forthcoming lease events as well as regearing opportunities.
Proposal
Offers invited at a guide price of £575,000 exclusive for the freehold interest, subject to the above informal tenancy agreements.
Please note that the sellers are not obligated to accept the highest or any offer and are free to amend the details as they require without prior notice.
Money laundering legislation
Edwin Thompson is bound to comply with Anti-Money Laundering legislation including obtaining evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, interested parties will need to provide the requested evidence.
Easements, wayleaves and rights of way
The land and property are sold subject to and with the benefit of all public and private rights of way, lights, drainage, cables, pylons or other easements, restrictions or obligations whether or not the same are described in these particulars of sale.
VAT
All figures quoted are exclusive of VAT where applicable.
Legal costs
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
Viewing
The property is available to view strictly by appointment with Edwin Thompson, contact:
Joe Ellis – at our Windermere office.
Amelia Todd –at our Windermere office.
Important notice
Edwin Thompson for themselves and for the Vendor/Landlord of this property, whose Agents they are, give notice that:
The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.
No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
These particulars were prepared in May 2026.
A modern self-contained industrial estate investment let to longstanding tenants at a current passing rental of £26,160 per annum with opportunity for rental growth. The premises are situated on the established Kirkby Thore Industrial Estate, with good access to the Junction 40 of the M6 motorway network and the A66 trunk road which offers excellent synergy to the A66 Northern Trans-Pennine Project.
Location
The industrial estate is situated just off Main Street, in the village of Kirkby Thore, Cumbria in the North West England.
Kirkby Thore is located adjacent to the A66 Trans-Pennine arterial road, between the village of Temple Sowerby to the north west and the market town of Appleby to the south east. Kirkby Thore is skirted by the River Eden and situated close to the North Pennines aonb to the east, The Yorkshire Dales National Park to the south and the Lake District National Park to the west.
The village itself is relatively large, having a population of 765 (2021 Census) and benefits from a church, public house, shop/post office and primary school. Appleby is the closest town, approximately 5 miles away providing good local services, whilst Penrith, is the nearest major town, approximately 8 miles away.
The major employer in Kirkby Thore is British Gypsum which has quarried and mined Gypsum in Kirkby Thore for over 200 years and is the UK’s leading manufacturer of internal lining systems.
Nearby Penrith is an attractive and affluent market town situated on the north east fringe of the Lake District. It is well located being on Junction 40 of the M6 providing direct access north and south and to the A66 which leads west to the Lake District National Park and east to Scotch Corner and the A1(M).
Penrith has a resident population of approximately 16,701 (2021 Census) and is located within Eden District with a District population of over 54,000. Carlisle is approximately 20 miles to the north, Kendal 32 miles to the south and Keswick 18 miles to the west. Penrith has a train station on the West Coast Line with direct services north to Carlisle and Glasgow and south to London Euston with a train journey time of around 3 hours.
Kirkby Thore Industrial Estate is a well-established commercial and industrial location, offering a strategic location with good transport links and a range of businesses operating across manufacturing, storage, and distribution sectors. Its accessible rural location, combined with strong transport connections across the North of England, has made the estate an attractive destination for both established companies and growing enterprises seeking operational space in the region.
Description
The subject property comprises six single-storey warehouse units arranged in two blocks. Units 1 and 2 are at the front of the site providing semi-detached units and units 3-6 provide a terrace of four units to the rear of the site. The accommodation is arranged as follows:
The industrial units are all cavity block built with brick outer, incorporating insulated profile clad roofs and translucent roof panels, concrete flooring, LED strip lighting, manual roller shutter loading doors, separate pedestrian doors and window and door security shuttering.
Units 1 and 2
Unit 1 – benefits from a large open plan warehouse with concrete flooring, LED strip lighting, insulated profile clad roofing with translucent lighting and an office block. The office block provides a staff room and private office space and WC with carpeting throughout.
Unit 2 - benefits from a large open plan warehouse with concrete flooring, LED strip lighting, insulated profile clad roofing with translucent lighting and a separate block providing pedestrian entrance and two WC facilities.
Units 3-6
Units 3-6 all benefit from an open plan warehouse, solid concrete flooring, LED strip lighting, insulated profile clad roofs with translucent roof panels, rear fire escape doors, side personnel entrance, WC facilities and some having sperate offices.
The units in this terrace have been developed so they can be interconnected with lintels already in situ, and Units 4 and 5 are currently linked.
External
Externally, there is front loading and parking for each unit, a private estate turning circle, bunded lawned amenity land and the site is secured by steel fencing with double steel vehicle gates.
Accommodation
The premises extend to the following approximate gross internal areas:
Unit 1
Ground Floor 241.75m2 (2,602 sq ft)
Total Approximate Gross Internal Area 241.75m2 (2,602 sq ft)
Unit 2
Ground Floor 158.82m2 (1,709 sq ft)
Total Approximate Gross Internal Area 158.82m2 (1,709 sq ft)
Unit 3
Ground Floor 84.73m2 (912 sq ft)
Total Approximate Gross Internal Area 84.73m2 (912 sq ft)
Unit 4
Ground Floor 84.73m2 (912 sq ft)
Total Approximate Gross Internal Area 84.73m2 (912 sq ft)
Unit 5
Ground Floor 84.74m2 (912 sq ft)
Total Approximate Gross Internal Area 84.74m2 (912 sq ft)
Unit 6
Ground Floor 84.74m2 (912 sq ft)
Total Approximate Gross Internal Area 84.74m2 (912 sq ft)
Total Overall Approximate gia 739.51m2 (7,960 sq ft)
Site Area 0.321 hectares (0.79 acres)
Services
It is understood that the land and property have mains supplies of electricity (three phase), water and is connected to the mains drainage and sewage systems.
The services have not been tested and therefore should not relied upon.
Rateable values
According to the Valuation Office Agency Website, it is understood that the properties are assessed at a Rateable Value as follows:
Unit 1-2 – Rateable Value effective 1 April 2026 of £14,750
Unit 3 – Rateable Value effective 1 April 2026 of £4,600
Unit 4-5 – Rateable Value effective 1 April 2026 of £7,200
Unit 6 – Rateable Value effective 1 April 2026 of £4,550
Prospective tenants should check the exact rates payable with Westmorland & Furness Council Tel.
Energy performance certificates
Copies of the Energy Performance Certificates can be downloaded from the Government’s online database.
Lease details
The units are currently let on informal lease agreements at the following rents:
Units 1 and 2 £1,100 per calendar month £13,200 per annum
Unit 3 £270 per calendar month £3,240 per annum
Unit 4 £270 per calendar month £3,240 per annum
Unit 5 £270 per calendar month £3,240 per annum
Unit 6 £270 per calendar month £3,240 per annum
Total £26,160 per annum
Assest management opportunities
There are a number of short and medium term asset management opportunities to increase the income and return on the investment.
There is the potential to investigate developing further units on the site that could support a terrace of modern warehouse units that will be attractive in the current warehouse market. It is understood that planning permission was approved for the development of 5 no. Industrial units on site under Planning Reference: 16/1108.
There is also potential rental growth at passed/forthcoming lease events as well as regearing opportunities.
Proposal
Offers invited at a guide price of £575,000 exclusive for the freehold interest, subject to the above informal tenancy agreements.
Please note that the sellers are not obligated to accept the highest or any offer and are free to amend the details as they require without prior notice.
Money laundering legislation
Edwin Thompson is bound to comply with Anti-Money Laundering legislation including obtaining evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, interested parties will need to provide the requested evidence.
Easements, wayleaves and rights of way
The land and property are sold subject to and with the benefit of all public and private rights of way, lights, drainage, cables, pylons or other easements, restrictions or obligations whether or not the same are described in these particulars of sale.
VAT
All figures quoted are exclusive of VAT where applicable.
Legal costs
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
Viewing
The property is available to view strictly by appointment with Edwin Thompson, contact:
Joe Ellis – at our Windermere office.
Amelia Todd –at our Windermere office.
Important notice
Edwin Thompson for themselves and for the Vendor/Landlord of this property, whose Agents they are, give notice that:
The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.
No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
These particulars were prepared in May 2026.
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