Acquired
Aspatria – Former Gymnasium
Old Market Hall, Market Square, Aspatria, Cumbria CA7 3EZFreehold Vacant Retail with Development Potential
Investment Consideration
- ERV: £18,000 p.a. GIY ~ 18.95%
- VAT is NOT applicable to this property
- Comprises detached former church building previously operated as a gymnasium
- Situated 8 min walk from Aspatria Train Station, providing direct and regular services to Maryport (15min) Carlisle (30min), Lancaster (1:30h) and more
- Nearby occupiers include Boots Pharmacy and Co-Op Food, amongst other retailers.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises detached former church building previously operated as a gymnasium, providing the following accommodation and dimensions:
Ground Floor: 228.52 sq m (2,460 sq ft)
Open plan area, changing rooms, office, reception
First Floor: 106.54 sq m (1,147 sq ft)
Open plan area, changing rooms
Second Floor: 69.53 sq m (748 sq ft)
Open plan area
Total gross internal area: 404.59 sq m (4,355 sq ft)
Ground Floor: 228.52 sq m (2,460 sq ft)
Open plan area, changing rooms, office, reception
First Floor: 106.54 sq m (1,147 sq ft)
Open plan area, changing rooms
Second Floor: 69.53 sq m (748 sq ft)
Open plan area
Total gross internal area: 404.59 sq m (4,355 sq ft)
Tenancy Description
The property is at present vacant. ERV: £18,000 p.a. GIY ~ 18.95%
Location Description
Aspatria is a market town in west Cumbria, some 15 miles southwest of Carlisle and J43 and J44 of the M6 motorway. The property is located at the heart of the town centre and fronts prominently onto the A596 connecting Carlisle to Workington via Maryport with nearby occupiers include Boots Pharmacy and Co-Op Food, amongst other local retailers.