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Linton House, Shaddongate, Carlisle

Cumbria, CA2 5TY

Walton Goodland

agency@waltongoodland.com 01228 514199
Linton House, Shaddongate, Carlisle
Linton House, Shaddongate, Carlisle
Linton House, Shaddongate, Carlisle
Linton House, Shaddongate, Carlisle
Linton House, Shaddongate, Carlisle
Linton House, Shaddongate, Carlisle

PART INVESTMENT PART VACANT POSSESSION RETAIL OPPORTUNITY WITH DEVELOPMENT POTENTIAL

  • EXCELLENT LOCATION, ADJACENT BUSY ROAD JUNCTION
  • TENANTS INCLUDE LONG ESTABLISHED AND RENOWNED VICEROY RESTAURANT AND TAKEAWAY
  • ADJOINS SHADDON MILL APARTMENT COMPLEX AND LINTON TWEEDS
  • CLOSE TO PETER TYSON AND FARMFOODS
  • 2 X SHOP UNITS CURRENTLY VACANT
  • PICK-UP/DROP-OFF AREA TO FRONT
  • OPPORTUNITY TO INCREASE INVESTMENT VALUE - ERV IF FULLY LET £40,000
  • DENSELY POPULATED RESIDENTIAL HOUSING NEARBY
  • POTENTIAL FOR A VARIETY OF USES SUBJECT TO CONSENT

Location

The property is located fronting Shaddongate near to the interchange with Junction Street, an extremely busy road junction with a high volume of passing traffic. There is disc zone parking available to the front of the retail parade. Other occupiers include Farm Foods, Peter Tyson, Linton Tweeds and The Viceroy.

Floor Plans & EPC

DESCRIPTION

A rendered detached parade of shops comprising 5 retail units across ground and first floor with external storage area to the side.

The property provides an  opportunity for the purchaser to increase their investment value by formalising the existing tenant leases and letting the vacant ground floor units to provide a unique retail parade to the western fringe of Carlisle City Centre.

LOCATION

The property is located fronting Shaddongate near to the interchange with Junction Street, an extremely busy road junction with a high volume of passing traffic. There is disc zone parking available to the front of the retail parade. Other occupiers include Farm Foods, Peter Tyson, Linton Tweeds and The Viceroy.

ACCOMMODATION

The property comprises the following approximate areas:
Units 1, 6 & 7 Linton House:
5,713 sq ft (531 sq m)
(Ground & First Floor units)

Unit 2 Linton House:
1,272 sq ft (118 sq m)

Unit 3 Linton House:
1,261 sq ft (117 sq m)

Unit 4 Linton House:
951 sq ft (88 sq m)

Unit 5 Linton House:
897 sq ft (83 sq m)

Total Net Internal Area:
10,093 sq ft (937 sq m)

SERVICES

Mains electricity, gas, water and drainage are connected to the properties.

VIEWING

For further information and to arrange a viewing please contact Walton Goodland.

TENANCY DETAILS

Units 1, 6 & 7
Tenant: Sukur Ali, T/A The Viceroy Indian Restaurant and Take Away.
Rent: £14,400 pa
Description: Ground floor take away (U1) connected to upper floor restaurant (U6 & 7).

Unit 2
Tenant: Vacant
Description: Ground floor former tanning salon.

Unit 3
Tenant: Vacant
Description: Ground floor former take away.

Unit 4
Tenant: Nicola Armstrong, T/A Bow Hair*
Rent: £6,000 pa
Description: Ground floor hair salon.

Unit 5
Tenant: Georgia Armstrong, T/A Bow Beds
Rent: £4,000 pa
Description: First floor beauty and sunbed salon.

(U4 & 5 have been linked)

The property is offered for sale with the current occupiers without the benefit of any commercial leases in place.

* The tenant has verbally indicated its intention to vacate Unit 4 but no formal notice has been received.

PRICE

£325,000 for the freehold interest in the property with the benefit of the existing tenants.

RATEABLE VALUE

Units 1, 6 & 7:
Restaurant and premises £18,250
Unit 2:
Shop and premises £5,800
Unit 3:
Shop and premises £5,200
Unit 4:
Hairdressing salon and premises £5,700
Unit 5:
Office and premises £4,550

ENERGY PERFORMANCE CERTIFICATE (EPC)

Units 1, 6 & 7: D-77
Unit 2: G-164
Unit 3: E-103
Unit 4 & 5: C-74

 

VAT

The property is not opted to tax. VAT is not payable in addition to the sale price.

It is recommended prospective
purchasers establish any VAT implications before entering
into any agreement.

Arrange a viewing

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Last updated: 29th September 2022 - 12:16 pm