Commercial Property in CA14 available for sale
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Commercial Properties for Sale in CA14, Workington

Explore the Latest CA14 Commercial Property for Sale

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 25 Pow St, Workington - Retail for Sale

25 Pow St

Workington, CA14 3AG

  • Retail for Sale
  • £99,500
  • 1,536 sq ft
See More
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
See More
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FAQs about Commercial Properties For Sale in CA14

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How many Commercial Property listings are available for sale in CA14?
There are currently 5 Commercial Properties available for sale near CA14. These CA14 Commercial Property listings have an average size of. The largest available listing in CA14 is. The thriving commercial centre and excellent transport links in CA14 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in CA14?
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 CA14 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 CA14?
There is a diverse range of commercial properties available in CA14 to suit various business needs. CA14 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 CA14 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 CA14, Workington

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