Retail in Bowness-on-Solway available for sale
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Retail Properties for Sale near Bowness-on-Solway, Wigton

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Retail Properties for Sale Within 10 miles of the Bowness-on-Solway, Wigton

More details for 31 Annan Road – Retail for Sale, Gretna

31 Annan Road

  • Mixed Types for Sale
  • £255,000
  • 2 Properties | Mixed Types

Gretna Portfolio of properties for Sale

The property comprises a ground floor commercial unit and forms part of a neighborhood parade anchored by a Co-op Foodstore which sits prominently fronting Annan Road. The main access is from the front elevation via a double-glazed shop front and entrance door, with a secondary access to the rear. The unit benefits from shared car parking to the front and a yard/bin store area to the gable and rear elevations. Internally, the property has been fully fitted as an Indian restaurant and provides a restaurant/bar area to the front with kitchen and toilet facilities to the rear, completed to a good quality & modern standard. The investment also benefits from an adjoining plot where planning permission has been secured to develop a further unit of 1,000 sq. ft. A copy of the planning permission is available upon request. Ground Floor Retail: 1,108 Sq. ft. (102.91 Sq. m) Adjoining Land: 1,000 Sq. ft. (92.9 Sq. m) TENURE The property is offered for sale on a freehold basis, subject to the existing occupational lease. LEASING DETAILS The premises is let on a full repairing and insuring lease for a term of 15 years from 11th December 2023, expiring 10 December 2038. The lease contains a stepped rent structure with the passing rent of £16,000 per annum for years one to three, rising to £18,000 per annum for years four and five. The lease is subject to five-yearly rent reviews geared to open market rental value thereafter. The lease includes tenant-only break options on the 5th and 10th anniversaries being 11th December 2028 and 11th December 2033 respectively. There are no Landlord break clauses. The Vendor is seeking offers for their freehold interest subject to and with the benefit of the lease in place in the sum of: Retail: £205,000 (Two Hundred and Five Thousand Pounds) Adjoining Land: £50,000 (Fifty Thousand Pounds) A purchase at this level reflects a net initial yield of 7.5% after allowing for purchaser’s costs, based on the current passing rent of £16,000 per annum. The rent increases to £18,000 per annum from year four (December 2026), which equates to a net yield of 8.22% from that point onwards, providing a built-in income growth without reliance on market rental increases.

Contact:

Hitchcock Wright & Partners

Property Subtype:

Mixed Types

Date on Market:

10/03/2026
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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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LoopNet UK Cumbria Wigton Retail Properties For Sale in Bowness-on-Solway, Wigton, UK

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FAQs about Retail property for sale in Bowness-on-Solway

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Bowness-on-Solway?
There are currently 0 Retail Properties available for sale near Bowness-on-Solway. These Bowness-on-Solway Retail Property listings have an average size of. The largest available listing in Bowness-on-Solway is. The thriving commercial centre and excellent transport links in Bowness-on-Solway make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Bowness-on-Solway?
The average price/SF for Retail Property for sale in Bowness-on-Solway is about. The cost per sq ft for Retail Property in Bowness-on-Solway ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Bowness-on-Solway?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Bowness-on-Solway?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Bowness-on-Solway is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Bowness-on-Solway, Wigton

With 0 retail units currently available for sale in Bowness-on-Solway, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Bowness-on-Solway, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Bowness-on-Solway, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Bowness-on-Solway can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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