Commercial Property in Wigton available for sale
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Commercial Properties for Sale in Wigton, UK

Explore the Latest Wigton 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 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 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 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 Wigton

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How many Commercial Property listings are available for sale in Wigton?
There are currently 9 Commercial Properties available for sale near Wigton. These Wigton Commercial Property listings have an average size of 3,748 sq ft. The largest available listing in Wigton is 11,080 sq ft. The thriving commercial centre and excellent transport links in Wigton make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Wigton?
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 Wigton currently range from £37 to £197 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 Wigton?
There is a diverse range of commercial properties available in Wigton to suit various business needs. Wigton offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 9 Wigton 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 Wigton, UK

Market Overview for Commercial Properties in Wigton

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

Rental Price Trends in Wigton

The price per square foot range for Commercial Properties in Wigton 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 £197
Keswick £141 £260 £367
Maryport £7 £42 £95
Cleator £93 £93 £93
Whitehaven £47 £119 £354

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Wigton 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
Keswick 1,151 sq ft 2,333 sq ft 3,972 sq ft
Maryport 1,937 sq ft 10,583 sq ft 32,052 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 Wigton. Explore 9 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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