Mixed-use commercial investment estate generating £90,600 per annum. The site supports a range of uses including retail, workshops, a café, offices, storage and caravan-related activities. It contains six main single-storey commercial buildings of varying ages and designs, together with several external storage compounds. The level, self-contained site includes established access points and a mixture of tarmac and hardcore surfacing for parking and circulation. There are asset management opportunities to increase rents, while further development potential includes planning permission for additional workshop space and replacement of some existing buildings.
- Asking Price:
- £950,000
- Turnover:
- £90,600
- Net Profit:
- Undisclosed
Property Information
- Property:
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Freehold
- Lease Terms:
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The mixed-use commercial estate generates £90,600 per annum in rental income.
- Location:
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Located south of High Hesket in Cumbria, between Carlisle and Penrith, with convenient access to the A6. The wider commercial development extends to approximately 1.59 hectares (3.92 acres). The site includes hardstanding, grassland and trees, with steel fencing, hedging and floodlighting.
- Premises Details:
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Mixed-use commercial estate comprising six main single-storey commercial buildings of varying ages and designs, together with several external storage compounds. Uses across the site include retail, workshops, a café, offices, storage and caravan-related activities. The site is level and self-contained, with established access points and tarmac and hardcore surfacing providing parking and circulation areas.
- Planning Consent:
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Planning permission has been granted for additional workshop space and replacement of some existing buildings. The site may also offer potential for a change of use to residential development, subject to planning. Part of the wider site has planning consent for residential redevelopment subject to completion of a Section 106 agreement.
Business Operation
- Expansion Potential:
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Asset management opportunities exist to increase rents. Planning permission has also been granted for additional workshop space and the replacement of some existing buildings. The site may offer potential for residential redevelopment, subject to planning.
