Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INDUSTRIAL ESTATE GROUND RENT INVESTMENT*** Rental income £770 per Annum Exclusive in a popular industrial location ***VAT FREE INVESTMENT
Site area of 0.77 Ha (1.90 Acres) with two warehouse units and yard areas. The remaining warehouse units and yards within the site do not form part of the sale.
Unit 8 -DEFY LIMITED - TERM OF 150 years from 08/12/2006 at £520 per annum
Unit 13 - DERWENT FLUID PROPERTIES LIMITED - TERM OF 125 years from 01/12/2003 at £250 per annum
PERFECT INVESTMENT with Ground rental income £770 per Annum Exclusive in a popular industrial location.
Derwent Howe Industrial Estate is one of the primary industrial areas in Workington, featuring a variety of businesses including manufacturing, warehousing, distribution, and retail outlets.
INDUSTRIAL ESTATE GROUND RENT INVESTMENT*** Rental income £770 per Annum Exclusive in a popular industrial location ***VAT FREE INVESTMENT
Site area of 0.77 Ha (1.90 Acres) with two warehouse units and yard areas. The remaining warehouse units and yards within the site do not form part of the sale.
Unit 8 -DEFY LIMITED - TERM OF 150 years from 08/12/2006 at £520 per annum
Unit 13 - DERWENT FLUID PROPERTIES LIMITED - TERM OF 125 years from 01/12/2003 at £250 per annum
PERFECT INVESTMENT with Ground rental income £770 per Annum Exclusive in a popular industrial location.
Derwent Howe Industrial Estate is one of the primary industrial areas in Workington, featuring a variety of businesses including manufacturing, warehousing, distribution, and retail outlets.
Derwent Howe Industrial Estate is one of the primary industrial areas in Workington, featuring a variety of businesses including manufacturing, warehousing, distribution, and retail outlets.
The estate is strategically located near the town center and provides businesses with good transport links to nearby regions via the A596 and the Cumbrian Coast railway line.
Workington is a costal town on the outskirts of the Lake District National Park approximately 30 miles from Carlisle and 8 miles from Whitehaven and has a resident population of approx 35,000 with a population of approximately 500,000 covering the area of Cumbria.
Popular tourist destination on the outskirts of the popular Lake District.
Full Address: Units 8 and 13 Peart Road Derwent Howe Industrial Estate, Workington, Cumbria, CA14 3YT
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Map & Location
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Special Terms of Sale
-
Buyers Fee
(?) 3% of Sale Price (Minimum of £1500 +vat)
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement:
Length: 100+
Rent: £770 per year / £64 per month
Yield: 19% (approx)
Tenant: Private Individual
Notes: Ground rent only £770 per Annum Exclusive
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Pricing Information & Bidding
Opening Bid: £4,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £1,500 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
Payment Calculator
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
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Auction Details
Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction
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