Commercial investment property

A substantial block of freehold commercial property occupying a prominent position on the corner of Warwick Road and Lowther Street in the City centre close to the railway station. The property comprises three separate parts - a vacant corner shop unit last used as an estate agents, a ground floor shop unit let to The Sandwich Bar at £4,000 pa, and the upper floors let at £7,500 pa to Warwick Bazaar.

Tenure

See Legal Pack

What3words location ///newest.privately.liked

2 & 2a, Lowther Street

Vacant corner shop unit with good return window frontage, last used as an estate agents but suitable for a variety of uses subject to planning consent. Interested parties should make their own enquiries to Cumberland Council regarding their proposed use. Ground Floor Shop area 31' overall x 197'9 max, 15'6 min Basement Office/Stores 16' x 11'6 and 12'6 x 11'9 Small kitchen 7'6 x 4'9 WC Rateable Value £11,250

1a Warwick Road

Ground floor shop unit let to The Sandwich Bar at £7,500 pa. Shop 27'9 max depth x 13'6 window frontage narrowing to 10' at rear Kitchen area 12'6 x 11'6 Side stores and WC Rateable Value £6,600

1 Warwick Road

Several rooms on the first, second and third floors let to Warwick Bazaar at £4,000 pa. There are several rooms on each floor and the accommodation extends overall to some 208 sq metres according to the Valuation Office Agency website - see floorplan. Rateable Value £5,700.

Energy Efficiency Rating (EPC)

Current Rating ECE

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Cumberland Council

Solicitors

Cartmell Shepherd Brampton, Ref: Matthew Bibby, Tel: 016977 2378

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.