For Sale By Auction | 12:00, 22 May 2025

Unit 7, Peart Road, Derwent Howe Industrial Estate, Workington, Cumbria CA14 3YT

*Guide | £25,000 (plus fees)

  • Commercial Property
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Thu 22/05/2025

Auction Time

12:00

Auction Venue

The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Freehold industrial unit

A freehold, industrial unit situated on the Derwent Howe estate in Workington. The building is in basic order with work required on the roof. It extends overall to approximately 1500 square feet . There is no formal lease, but the property has been occupied for 10 years by the current tenant who is paying £5,500 per annum which equates to a gross yield of 22% at the guide price.

Tenure

See Legal Pack

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Cumberland Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.