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INVESTMENT HIGHLIGHTS
- Freehold Retail Opportunity.
- Asset management and development opportunities (subject to necessary consents).
- Vacant.
- Comprises approximately 868.64 sq m (9,350 sq ft).
- Low capital value psf (£12.29 psf).
EXECUTIVE SUMMARY
The property comprises an investment opportunity for sale.
The asking price is £85,000.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- EPC - C
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- POSITION
- AVAILABLE
Property Features: Comprises part two/three-storey retail premises Suitable for variety of uses (Class E) VAT is applicable to this property Total area size 870 sq m (9,364 sq ft) Available on a new lease with flexible terms Located in the heart of the town centre Occupiers close by include Sports Direct, Iceland, William Hill and more. Property Description: Comprises a combination of two and three storey buildings under a variety of pitched roofs providing ground and first floor retail areas with basement and second floor storage and staff facilities. The ground floor benefits from an extensive glazed frontage, DDA access and open plan sales area. An integral stairwell provides access to the first floor which is also open plan and benefits from some staff offices to the front elevation. A further stairwell provides access to the second floor. Ground Floor: 325 sq m (3,498 sq ft) Open plan retail, office First Floor: 298 sq m (3,208 sq ft) Open plan retail, storage, staff rooms Second Floor: 109 sq m (1,173 sq ft) Ancillary, staff facilities Basement: 138 sq m (1,485 sq ft) Ancillary, staff facilities Total GIA: 870 sq m (9,364 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: Year 1: £346.15 + VAT per week (PCM: £1,500.00 + VAT) Year 2: £384.62 + VAT per week (PCM: £1,666.66 + VAT) Year 3: £423.07 + VAT per week (PCM: £1,833.33 + VAT) Deposit: £5,500 (3 Months) Rateable Value: Rateable Value - £30,000 p.a. Rates Payable - £15,350 p.a. EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: Workington is the main administrative and financial centre of West Cumbria, with a resident population of circa 30,000 and an estimated local authority catchment of around 100,000. Finkle Street is a secondary trading location positioned close to the main pedestrianised shopping area of Pow Street. In addition the Washington Square shopping centre development lies a few minutes walk away. Nearby occupiers include; Sports Direct, Iceland, William Hill and more.
| Space | Size | Space Use | Position | Available |
| Ground | 9,350 sq ft | Retail | - | Now |
Ground
| Size |
| 9,350 sq ft |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Ground
| Size | 9,350 sq ft |
| Space Use | Retail |
| Position | - |
| Available | Now |
Property Features: Comprises part two/three-storey retail premises Suitable for variety of uses (Class E) VAT is applicable to this property Total area size 870 sq m (9,364 sq ft) Available on a new lease with flexible terms Located in the heart of the town centre Occupiers close by include Sports Direct, Iceland, William Hill and more. Property Description: Comprises a combination of two and three storey buildings under a variety of pitched roofs providing ground and first floor retail areas with basement and second floor storage and staff facilities. The ground floor benefits from an extensive glazed frontage, DDA access and open plan sales area. An integral stairwell provides access to the first floor which is also open plan and benefits from some staff offices to the front elevation. A further stairwell provides access to the second floor. Ground Floor: 325 sq m (3,498 sq ft) Open plan retail, office First Floor: 298 sq m (3,208 sq ft) Open plan retail, storage, staff rooms Second Floor: 109 sq m (1,173 sq ft) Ancillary, staff facilities Basement: 138 sq m (1,485 sq ft) Ancillary, staff facilities Total GIA: 870 sq m (9,364 sq ft) Terms: Available on a new lease with terms to be agreed by negotiation Rent: Year 1: £346.15 + VAT per week (PCM: £1,500.00 + VAT) Year 2: £384.62 + VAT per week (PCM: £1,666.66 + VAT) Year 3: £423.07 + VAT per week (PCM: £1,833.33 + VAT) Deposit: £5,500 (3 Months) Rateable Value: Rateable Value - £30,000 p.a. Rates Payable - £15,350 p.a. EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: Workington is the main administrative and financial centre of West Cumbria, with a resident population of circa 30,000 and an estimated local authority catchment of around 100,000. Finkle Street is a secondary trading location positioned close to the main pedestrianised shopping area of Pow Street. In addition the Washington Square shopping centre development lies a few minutes walk away. Nearby occupiers include; Sports Direct, Iceland, William Hill and more.
NEARBY MAJOR RETAILERS
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8 Finkle St
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