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26 Lowther St 716 sq ft Retail Property Whitehaven CA28 7DG £345,000 (£481.84/sq ft)
Investment Highlights
- Property overlooks the town's St Nicholas Church Park
- Predominant town in the Copeland Borough Council area
- 8 miles north, is one of the main population centres for West Cumbria.
Executive Summary
The ground floor is let to a local covenant who has been in operation for 14 years on a new lease for a term of 7 years from December 2025 at a rent of £12,000 per annum exclusive. The ground floor office is currently vacant. ERV for the unit is £300 per month. Both upper floor flats are currently vacant. The first floor one bedroom flat could achieve up to £500 per month and the second floor two-bedroom flat up to £800 per month
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
716 sq ft
Costar Property Class
B
Year Built
1900
Price
£345,000
Price per sq ft
£481.84
Tenancy
Single
Number of Floors
3
1 1
Nearby Major Retailers
1 of 16
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26 Lowther St
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