£50,000 pa

(£7.22/sq. ft. pa)

Retail premises to let
Former Iceland - 70/78 Lowther Street, Carlisle, Cumbria CA3

    • 6,921 sq. ft

Added on 04/04/2023

About this property

  • Substantial city centre unit

  • Panoramic corner frontage

  • Suitable for various commercial uses - subject to planning

  • Positioned next to proposed stack development

A former supermarket premises prominently situated with extensive glazed frontage to Lowther Street and return frontage to Chapel Street. The internal layout is predominantly open plan and includes cold storage areas, office space, and first-floor storage. Customer access is available from both Lowther Street and the adjoining car park, while goods deliveries are facilitated via Chapel Street. Additional first-floor accommodation offers potential for offices, storage, or staff facilities.

Location

The property is situated opposite the Lanes Shopping Centre, in the busy city centre of Carlisle. Nearby occupiers include William Hill, Nu Pets, Rose Nails and Age UK. The property sits immediately adjacent to a large pay & display car park, which has recently undergone planning for a new stack development similar to Newcastle and Seaburn stack developments.

Accommodation

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

Terms

The unit is available to let on a new lease, for a term of years to be agreed at a quoting rent of £50,000 per annum. The landlord has indicated short-term lettings would be considered, subject to terms and covenant strength.

Services

We understand 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 £50,500. The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.

EPC

The property does not currently hold an EPC; one is being commissioned and will be made available shortly.

VAT

VAT is payable on the rent.

More information

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Carigiet Cowen Chartered Surveyors

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