Market Sq
Aspatria CA7 3EZ

Old Market Hall · Retail Property For Sale

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
$240,697
Price Per SF
$55.27
Tenancy
Single
Building Height
3 Stories
Building FAR
1.11
Lot Size
0.09 AC
  • Listing ID: 27299161

  • Date on Market: 12/13/2022

  • Last Updated:

  • Address: Market Sq, Aspatria CA7 3EZ