Commercial Property in Allerdale available for sale
23

Commercial Properties for Sale in Allerdale, Workington

Explore the Latest Allerdale Commercial Property for Sale

More details for Ireby, Wigton - Retail for Sale

The Lion - Ireby

Wigton, CA7 1EA

  • Retail for Sale
  • £395,000
  • 1,919 sq ft
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More details for 84 Main St, Cockermouth - Retail for Sale

84 Main St

Cockermouth, CA13 9LU

  • Retail for Sale
  • £225,000
  • 424 sq ft
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More details for 49-51 Main St, Keswick - Retail for Sale

49-51 Main St

Keswick, CA12 5DS

  • Retail for Sale
  • £1,475,000
  • 3,972 sq ft
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More details for 33-43 Murray Rd, Workington - Retail for Sale

33-43 Murray Rd

Workington, CA14 2AB

  • Retail for Sale
  • £150,000
  • 18,116 sq ft
  • 24 Hour Access

Workington Retail for Sale

Investment Consideration: Gross Initial Yield: 8.00% Rental Income: £12,000 p.a. VAT is applicable to this property. Sale to be treated as Transfer of Going Concern (TOGC) Comprises ground floor retail shop with ancillary accommodation at first and second floor Property benefits from rear access, providing future residential development potential, STTP Located in the town Centre, directly between Oxford Street and Washington Square shopping centre, which is the main shopping and social destination within Workington Occupiers nearby including Superdrug, Boots, Sports Direct, Specsavers, Greggs and Subway. Property Description: Comprises mid-terrace ground floor shop with ancillary accommodation above. The property benefits from rear access and provides the following accommodation and dimensions: Ground Floor: 52 sq m (560 sq ft) Open plan retail, storage First Floor: 33 sq m (355 sq ft) Ancillary, office, storage Second Floor: 33 sq m (355 sq ft) Ancillary, kitchen, wc Total GIA: 118 sq m (1,270 sq ft) Tenancy: The property is at present let to an Individual t/a Sweet Shop for a term of 10 years from 23rd October 2025 at a current rent of £12,000* per annum and the lease contains full repairing and insuring covenants. Rent review every 3 years open market upward only. Tenant option to determine in the 5th year with min 6 months notice. Deposit held of £2,500. * The current rent reserved is £10,000 p.a. which rises to £12,000 p.a. on the 23.10.2026 and £13,000 p.a. on the 23.10.2027, the vendor will "top up" the rent from completion until the 23.10.2026 by way of an allowance such that the purchaser in effect receives £12,000 p.a. from completion. Tenure: Virtual freehold. Held on a 999 year lease from 18th August 2016 at a ground rent of peppercorn. Location: Workington is a coastal town at the mouth of the River Derwent on the west coast in the Allerdale borough of Cumbria. The town lies to the west of the Lake District and approximately 32 miles south-west of Carlisle. The town benefits from railway connections via Workington train station, which runs between Carlisle and Barrow-in-Furness. The subject property is located in the town Centre, directly between Oxford Street and Washington Square shopping centre, which is the main shopping and social destination within Workington, with a good mix of national and local occupiers nearby including Superdrug, Boots, Sports Direct, Specsavers, Greggs and Subway.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

09/08/2025

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More details for Eaglesfield St, Maryport - Office for Sale

Police Station - Eaglesfield St

Maryport, CA15 6HG

  • Office for Sale
  • £180,000
  • 5,790 sq ft
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More details for John St, Maryport - Retail for Sale

Royal Victoria Hotel - John St

Maryport, CA15 6JT

  • Retail for Sale
  • £150,000
  • 2,552 sq ft
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More details for 43 Station Rd, Wigton - Retail for Sale

43 Station Rd

Wigton, CA7 9AD

  • Retail for Sale
  • £175,000
  • 946 sq ft
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More details for King St, Wigton - Retail for Sale

King St

Wigton, CA7 3AA

  • Retail for Sale
  • £174,950
  • 653 sq ft
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More details for 15 Criffel St, Wigton - Retail for Sale

15 Criffel St

Wigton, CA7 4BT

  • Retail for Sale
  • £385,000
  • 4,270 sq ft
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More details for 30 Station St, Keswick - Retail for Sale

30 Station St

Keswick, CA12 5HF

  • Retail for Sale
  • £575,000
  • 1,151 sq ft
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More details for 25 Pow St, Workington - Retail for Sale

25 Pow St

Workington, CA14 3AG

  • Retail for Sale
  • £99,500
  • 1,536 sq ft
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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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More details for A597 New Bridge Rd, Workington - Land for Sale

A597 New Bridge Rd

Workington, CA14 3YG

  • Land for Sale
  • 4.40 ac Plot
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More details for 6 Borrowdale Rd, Keswick - Office for Sale

6 Borrowdale Rd

Keswick, CA12 5DB

  • Office for Sale
  • £360,000
  • 1,875 sq ft
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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
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FAQs about Commercial Properties For Sale in Allerdale

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How many Commercial Property listings are available for sale in Allerdale?
There are currently 23 Commercial Properties available for sale near Allerdale. These Allerdale Commercial Property listings have an average size of 5,596 sq ft. The largest available listing in Allerdale is 32,052 sq ft. The thriving commercial centre and excellent transport links in Allerdale make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Allerdale?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Allerdale currently range from £6 to £389 per square foot. While the average net initial yield for Commercial Properties is 9.00%.
What other types of commercial property are available for sale in Allerdale?
There is a diverse range of commercial properties available in Allerdale to suit various business needs. Allerdale offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 23 Allerdale commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Allerdale, Workington

Market Overview for Commercial Properties in Allerdale

Key information for Commercial Properties investors in Allerdale 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 £100 3,748 sq ft
Maryport £42 10,583 sq ft
Keswick £260 2,333 sq ft
Cleator £93 1,766 sq ft
Whitehaven £119 6,959 sq ft

Rental Price Trends in Allerdale

The price per square foot range for Commercial Properties in Allerdale 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 £100 £196
Maryport £7 £42 £95
Keswick £141 £260 £366
Cleator £93 £93 £93
Whitehaven £47 £119 £353

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Wigton 653 sq ft 3,748 sq ft 11,080 sq ft
Maryport 1,937 sq ft 10,583 sq ft 32,052 sq ft
Keswick 1,151 sq ft 2,333 sq ft 3,972 sq ft
Cleator 1,766 sq ft 1,766 sq ft 1,766 sq ft
Whitehaven 482 sq ft 6,959 sq ft 37,239 sq ft

You searched for commercial property for sale in Allerdale. Explore 23 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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