Retail in Workington available for sale
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Retail Properties for Sale near Workington, UK

Explore the Latest Workington Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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
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Retail Properties for Sale Within 5 miles of the Workington, UK

More details for 58 Victoria Rd, Stoke On Trent - Retail for Sale

Darcy's - 58 Victoria Rd

Stoke On Trent, ST4 2JX

  • Retail for Sale
  • £175,000
  • 3,152 sq ft
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More details for 19-20 Ironmarket, Newcastle Under Lyme - Retail for Sale

19-20 Ironmarket

Newcastle Under Lyme, ST5 1RF

  • Retail for Sale
  • £180,000
  • 2,369 sq ft
  • 1 Unit Available
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More details for 36 Higherland, Newcastle - Retail for Sale

The Sneyd Arms - 36 Higherland

Newcastle, ST5 2TG

  • Retail for Sale
  • £185,000
  • 3,485 sq ft

Newcastle Retail for Sale - Newcastle-under-Lyme

The Property is located fronting the A525 on the edge of Newcastle-under-Lyme town centre. Newcastle-under-Lyme is a market town in Staffordshire, three miles west of Stoke-on-Trent. The immediate locality is generally residential in nature with nearby businesses such as Tesco Express and Texaco fronting the A road. Next to the Property is a small parade of retailers and opposite is the Waggon & Horses public house. Newcastle-under-Lyme town centre is less than half a mile to the east. Freehold Traditional Public House with A Road Frontage The Property comprises a detached two storey public house of brick elevations, partially rendered, set beneath a multi pitched slate covered roof. To the rear is a single storey flat roof extension. To the rear is a small enclosed yard with single storey garage and car parking for three vehicles. Overall, the Property extends to 0.07 acres. Freehold Public House Traditional Lounge and Public Bar with Games Area Central Bar Servery Four Bedroom Living Accommodation External Trading Area A Road Frontage Established Residential Area Offer over £185,000 plus VAT round Floor The ground floor trading accommodation provides a traditional lounge and public bar with games area. Central bar servery, customer WC’s and storeroom. Accessed from the lounge there is a rear beer terrace. First Floor First floor living accommodation providing four bedrooms, lounge, kitchen, bathroom and store room. Basement The basement provides a beer cellar and stores.

Contact:

Savills

Date on Market:

16/09/2025

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More details for Units 1-9 Milvale Street – Industrial for Sale, Stoke On Trent

Units 1-9 Milvale Street

  • Industrial for Sale
  • £495,000
  • 14,875 sq ft
  • 2 Industrial Properties
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More details for 17-19 Hulton St, Stoke On Trent - Retail for Sale

17-19 Hulton St

Stoke On Trent, ST1 6AU

  • Retail for Sale
  • £295,000
  • 2,062 sq ft
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FAQs about Retail property for sale in Workington

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Workington?
There are currently 4 Retail Properties available for sale near Workington. These Workington Retail Property listings have an average size of 7,585 sq ft. The largest available listing in Workington is 18,116 sq ft. The thriving commercial centre and excellent transport links in Workington make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Workington?
The average price/SF for Retail Property for sale in Workington is about £28. The cost per sq ft for Retail Property in Workington ranges from £6 to £53, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Workington?
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 £6 to £53 per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Workington?
Currently, the largest Retail Property available to buy is 18,116 sq ft and the smallest is 1,325 sq ft. The average size of Retail Property available for sale in Workington is approximately 7,585 sq ft.
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 Workington, UK

With 4 retail units currently available for sale in Workington, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Workington, 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 Workington, 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 Workington 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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