Retail property (high street) for sale
Features and description
- Tenure: Leasehold
- Virtual freehold retail investment
- New 999 year lease from completion
- Let to Boots UK Ltd until 2029 (subject to break option)
- Approximately 145.11 sq m (1,562 sq ft)
- Prime town centre trading position
- Future alternative use potential (subject to consents)
- Producing £11,750 per annum
- Online Auction on Thursday, 27 February 2025
A mid-terraced three storey building of traditonal construction beneath a flat roof totalling approximately 145.11 sq m (1,562 sq ft). The property is arranged as a ground floor retail unit with ancillary accommodation at first and second floor levels. The ground floor has been interlinked with the adjacent building (27-29 Murray Road) to provide a larger retail unit (subject to reinstatement provisions - refer to legal pack). The upper floors may offer future alternative use potential, subject to obtaining the necessary consents.
Location:
Workington lies on the west coast of Cumbria approximately 7 miles north of Whitehaven and 32 miles south west of Carlisle. The town can be accessed via the A66 and A596, both of which link with the M6 motorway at junctions 40 and 43 respectively. Workington railway station provides regional rail services and national rail links via Carlisle. Additonally numerous bus routes serve the area.
Murray Road is one of the principal shopping thoroughfares in the town centre running north east from Oxford Street with the property lying on its south side near the junction with Upton Street. Notable nearby occupiers include Specsavers, Betfred, Rymans, Superdrug, Lloyds Bank, Greggs and Holland & Barrett.
Online Auction on Thursday, 27 February 2025. For further information, such as legal documents and property information, please visit bidx1.com.
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