Commercial Property in Abbeytown available for sale
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Commercial Property for Sale near Abbeytown, Wigton

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Find commerical property for sale in Abbeytown that meets your business or investment goals

More details for Abbeytown, Wigton - Retail for Sale

Wheatsheaf Inn - Abbeytown

Wigton, CA7 4RG

  • Retail for Sale
  • £200,000
  • 4,000 sq ft

Wigton Retail for Sale - Abbeytown

Investment Consideration: Vacant possession ERV: £18,000 p.a. GIY: 9.00% VAT is applicable to this property Comprises large detached public house Total area size 371 sq m (4,000 sq ft) Includes three trade spaces, a beer garden, large car park (30 spaces) and a two-bedroom owner’s accommodation, refurbished to a very high standard. The only pub in the village of Abbey Town Situated on main arterial route (B5302) between Wigton and Silloth, providing great vehicular traffic and passing cyclists Property Description: The Wheatsheaf Inn is one of 14 Redfern Public Houses which were built in the 1930's by Harry Redfern. He was responsible for designing, in an imaginative and varied manner, a number of notable public houses in the Carlisle district under the auspices, as chief architect, of the Home Office State Management Scheme (SMS). The SMS built fourteen New Model Inns to Redfern's designs, with a strong theme of the Arts and Crafts movement. He was commemorated towards the end of his work for the SMS by the naming of the Redfern Inn (1938), one of the distinctive New Model Inn designs, in Etterby, a district of Carlisle. The Wheatsheaf although modernised and extended by the current owners is still a Redfern Pub, with its recognisable Mansard roof and dormer windows. The property benefits from three trade spaces, a beer garden, large car park (30 spaces) and a two-bedroom owner’s accommodation. Location: Abbeytown, also known as Holme Abbey, is a village and civil parish in the Allerdale borough of Cumbria, England. The property is located on the junction with road B5302 towards Wigton/Seaside and national cycle route 72, providing a lot of tourist and local traffic. Occupiers nearby including convenience store and petrol station.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Bar

Date on Market:

17/06/2024
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Commercial Properties for Sale Within 10 miles of the Abbeytown, Wigton

More details for Syke Park Industrial Estate, Wigton - Industrial for Sale

Syke Park Industrial Estate

Wigton, CA7 9NE

  • Industrial for Sale
  • £875,000
  • 11,080 sq ft
  • 24 Hour Access

Wigton Industrial for Sale - Allerdale

The property comprises a modern steel portal frame warehouse on a secure site built c.2013 / 2014. The property has been constructed of insulated steel profile cladding beneath an insulated pitched profile clad roof. Internally the property has been sub-divided on the ground floor to provide a trade counter retail area with large double glazed window units, sales office, disabled WC’s and lift and garage and storage areas to the rear. The first floor provides additional office accommodation, kitchen, meeting room and store. Externally, the property benefits from a yard area which is predominantly surfaced, customer parking to the front together with a raised Vehicle display area. To the rear is an external covered storage building. The property extends to a total floor area of 1,029.39 sq m (11,080 sq ft) including mezzanine and external storage.

Contact:

Sanderson Weatherall

Date on Market:

17/12/2024
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LoopNet UK Cumbria Wigton Commercial Properties For Sale in Abbeytown, Wigton, UK

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FAQs About Commercial Property For Sale in Abbeytown

See All Properties For Sale
How many commercial properties are currently available for sale in Abbeytown?
There are currently 1 commercial properties available for sale. Sizes range from 4,000 sq ft to 4,000 sq ft, with an average size of 4,000 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Abbeytown?
The average asking price is approximately £37 per sq ft, with prices ranging from £37 to £37 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Abbeytown, Wigton

Market Overview for Commercial Properties in Abbeytown

Key information for Commercial Properties investors in Abbeytown and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Wigton £48 7,540 sq ft
Maryport £27 9,865 sq ft
Gretna £29 987 sq ft
Keswick £211 2,262 sq ft
Carlisle £48 14,686 sq ft

Rental Price Trends in Abbeytown

The price per square foot range for Commercial Properties in Abbeytown and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Wigton £37 £48 £59
Maryport £7 £27 £52
Gretna £29 £29 £29
Keswick £170 £211 £252
Carlisle £19 £48 £88

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Abbeytown area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Wigton 4,000 sq ft 7,540 sq ft 11,080 sq ft
Maryport 1,937 sq ft 9,865 sq ft 32,052 sq ft
Gretna 987 sq ft 987 sq ft 987 sq ft
Keswick 887 sq ft 2,262 sq ft 3,814 sq ft
Carlisle 3,500 sq ft 14,686 sq ft 34,241 sq ft

You searched for commercial property for sale in Abbeytown. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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