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53 King St 1,575 sq ft 100% Let Retail Property Whitehaven CA28 7JH £125,000 (£79.37/sq ft)

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INVESTMENT HIGHLIGHTS

  • Good level of passing trade
  • Whitehaven is one of the major commercial centres in West Cumbria
  • A number of established retailers

EXECUTIVE SUMMARY

PRIME INVESTMENT FOR SALE

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,575 sq ft
Costar Property Class
B
Year Built
1934
Price
£125,000
Price per sq ft
£79.37
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3

AMENITIES

  • 24 Hour Access
  • Storage Space

ABOUT 53 KING ST , WHITEHAVEN, CMA CA28 7JH

INVESTMENT FOR SALE LET TO RAMSDENS FINANCIAL LIMITED A RECOGNISED NATIONAL HIGH STREET RETAILER Offers in excess of £125,000 invited for the freehold interest Let on an Internal Repairing and Insuring lease for 10 years from 25th June 2018. The passing rent is £12,000 per annum, rising to £15,000 pa from June 2021 and the inclusion of an upward only rent review at the end of year 5. FOR FURTHER DETAILS CLICK ONTO OUR MARKETING BROCHURE

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE END
  • Donnan Quayside Fisheries
  • -
  • 1,290 sq ft
  • -
  • -
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE END
Donnan Quayside Fisheries - 1,290 sq ft - -

NEARBY MAJOR RETAILERS

Ww - Weight Watchers
Iceland
Morrisons
National Westminster Bank Plc
HSBC
Santander
Barclays
ASDA
Tesco Superstore
  • Listing ID: 17187075

  • Date on Market: 13/09/2019

  • Last Updated:

  • Address: 53 King St, Whitehaven CA28 7JH

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