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Old Market Hall Market Sq

4,355 SF Retail Building Aspatria CA7 3EZ $335,142 CAD ($77 CAD/SF)

Investment Highlights

  • Comprises detached former church building previously operated as a gymnasium
  • Residential development potential, subject to obtaining the necessary consents
  • Total gross internal area 404.59 sq m (4,355 sq ft)

Executive Summary

Investment Consideration:
Vacant possession
ERV: £18,000 p.a. GIY: 9.73%
VAT is NOT applicable to this property
Comprises detached former church building previously operated as a gymnasium
Total gross internal area 404.59 sq m (4,355 sq ft)
Residential development potential, subject to obtaining the necessary consents
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.
Property Description:
The property comprises detached former church building currently operating as a gymnasium, providing the following accommodation and dimensions:
Ground Floor: 228.52 sq m (2,460 sq ft)
Open plan gym area, Changing Rooms, Office, Reception
First Floor: 106.54 sq m (1,147 sq ft)
Open plan gym area, Changing Rooms
Second Floor: 69.53 sq m (748 sq ft)
Open plan gym area
Total gross internal area: 404.59 sq m (4,355 sq ft)
Location:
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.

Property Facts

Sale Type
Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Health Club
Building Size
4,355 SF
Building Class
C
Year Built
1950
Price
$335,142 CAD
Price Per SF
$77 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.11
Lot Size
0.09 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 4,355 SF
  • Retail
  • -
  • Now

Property Features: Comprises three-storey commercial building (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms to be agreed by negotiation Situated 8 min walk from Aspatria Train Station, providing direct and regular services to Maryport (15min) Carlisle (30min), Lancaster (1:30h) and more. Property Description: 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) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £346.15 per week (PCM: £1,500) Deposit: £4,500 (3 Months) Rateable Value: Rateable Value - £8,700 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: 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 onto the A596 connecting Carlisle to Workington via Maryport with nearby occupiers include Boots Pharmacy and Co-Op Food, amongst other local retailers. Situated 8 min walk from Aspatria Train Station, providing direct and regular services to Maryport (15min) Carlisle (30min), Lancaster (1:30h and more.

Space Size Space Use Position Available
Ground 4,355 SF Retail - Now

Ground

Size
4,355 SF
Space Use
Retail
Position
-
Available
Now

Ground

Size 4,355 SF
Space Use Retail
Position -
Available Now

Property Features: Comprises three-storey commercial building (Class E) VAT is NOT applicable to this property Available on a new lease with flexible terms to be agreed by negotiation Situated 8 min walk from Aspatria Train Station, providing direct and regular services to Maryport (15min) Carlisle (30min), Lancaster (1:30h) and more. Property Description: 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) Terms: Available on a new lease with terms to be agreed by negotiation Rent: £346.15 per week (PCM: £1,500) Deposit: £4,500 (3 Months) Rateable Value: Rateable Value - £8,700 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: 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 onto the A596 connecting Carlisle to Workington via Maryport with nearby occupiers include Boots Pharmacy and Co-Op Food, amongst other local retailers. Situated 8 min walk from Aspatria Train Station, providing direct and regular services to Maryport (15min) Carlisle (30min), Lancaster (1:30h and more.

  • Listing ID: 27299161

  • Date on Market: 2022-12-13

  • Last Updated:

  • Address: Market Sq, Aspatria CA7 3EZ

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