Available
Whitehaven – Hair Salon
35 Lowther Street, Whitehaven, Cumbria CA28 7JSFreehold Shop Investment
Price
£90,000
Rent P.A.
£7,000
Yield
7.78%
Tenure
Freehold
Lease Term
5 Years
Years Left on Lease
3y
Area
581 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Lease expiry 2024, tenant option to break 2022
- The property comprises of one shop currently let as a hair salon. Also a sold off Groud Floor cafe and sold off upper office space on peppercorn rents.
- Property positioned on busy shopping street in the town centre adjacent to ‘The Rum Story’
- Occupiers nearby include Costa’s, TSB, Santander, Tesco’s, Dorothy Perkins, Superdrug, among others
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises of one shop currently let as a hair salon and two other commercial units sold off on long lease for peppercorn rents, which includes a ground floor cafe and upper floor office space.
The property provides the following accommodation and dimensions:
Ground Floor Shop: 54.00 sq m (581 sq ft)
The property provides the following accommodation and dimensions:
Ground Floor Shop: 54.00 sq m (581 sq ft)
Tenancy Description
The shop is at present let to S. McCabe for a term of 5 years from 3rd April 2019 at a current rent of £7,000 per annum. The lease contains full repairing and insuring covenants and a tenant option to break in 2022. A rental deposit is held on account of £2,100. The tenant has rent free period until 3rd October 2019.
Tenancies & Accommodation

Location Description
The property lies in a busy shopping street in the town centre adjacent to ‘The Rum Story’, a popular visitor attraction. Major businesses in the town include Costa’s, TSB, Santander, Tesco’s, Dorothy Perkins, Superdrug, Boots, Dixons, Burtons, WH Smith and Sellafield Limited.