Commercial Property in Hensingham available for sale
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Commercial Properties for Sale near the Hensingham, Whitehaven

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Commercial Properties for Sale Within 5 miles of the Hensingham, Whitehaven

More details for 33 Tangier St, Whitehaven - Retail for Sale

33 Tangier St

Whitehaven, CA28 7UZ

  • Retail for Sale
  • £87,000
  • 482 sq ft
  • 24 Hour Access

Whitehaven Retail for Sale

The property comprises a 3-storey terrace building with a ground floor takeaway shop/ kitchen with ancillary upper floor accommodation. Whitehaven is a harbour town, situated in west Cumbria, with a population of around 25,500. Originally a coal mining and exporting area, it is now popular with visitors to the marina, has many local businesses and offices serving the Sellafield nuclear site. It is 65 miles from the M6 at Penrith via the A66, and 39 miles from Carlisle and has a railway station on the Cumbria Coast Line. Local facilities include two secondary schools, independent shops, pubs, a leisure centre, rugby league ground and visitor attractions including The Beacon Museum, Rum Story and marina. Major retailers in the town include Wilkos, B&M, Argos, Peacocks, Boots, Home Bargains, Tesco and Morrisons. The property is situated fronting Tangier Street close to the marina, the town centre shopping area and bars.

Contact:

DGRE

Property Subtype:

Shopfront

Date on Market:

13/03/2024
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LoopNet UK Cumbria Whitehaven Commercial Properties For Sale in Hensingham, Whitehaven, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Hensingham

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How many Commercial Property listings are available for sale in Hensingham?
There are currently 0 Commercial Properties available for sale near Hensingham. These Hensingham Commercial Property listings have an average size of. The largest available listing in Hensingham is. The thriving commercial centre and excellent transport links in Hensingham make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Hensingham?
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 Hensingham currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Hensingham?
There is a diverse range of commercial properties available in Hensingham to suit various business needs. Hensingham offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Hensingham 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 Hensingham, Whitehaven

Market Overview for Commercial Properties in Hensingham

Key information for Commercial Properties investors in Hensingham 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
Cleator Moor £66 1,949 sq ft
Cleator £95 1,766 sq ft
Maryport £25 13,465 sq ft
Whitehaven £87 5,145 sq ft

Rental Price Trends in Hensingham

The price per square foot range for Commercial Properties in Hensingham 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
Cleator Moor £61 £66 £72
Cleator £95 £95 £95
Maryport £7 £25 £44
Whitehaven £58 £87 £135

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Cleator Moor 510 sq ft 1,949 sq ft 3,387 sq ft
Cleator 1,766 sq ft 1,766 sq ft 1,766 sq ft
Holmrook 917 sq ft 917 sq ft 917 sq ft
Maryport 2,552 sq ft 13,465 sq ft 32,052 sq ft
Whitehaven 482 sq ft 5,145 sq ft 18,030 sq ft

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