The property is situated in a parade of shops just off the pedestrianised section of Dalton Road (one of the main shopping streets in Barrow) and facing one of the entrances to Barrow Market. The property is located between Boots the Chemist and Murrays Chemist. Other major occupiers nearby include the Post Office, a doctors surgery and various Government and Council offices. To the rear of the property there is a car park.
Barrow-in-Furness is situated on the southern tip of Cumbria, to the north of Morecambe Bay and only 20 minutes from The Lake District. Barrow’s principal road link is the A590, linking it to Ulverston, The Lake District and the M6 motorway.
Long Leasehold Retail Investment Let to Cash Converters (UK) Limited Turnover of £57.7m in 2013 up 15.3% on 2012 15 Year FRI lease with 12.5 years unexpired Tenats Break clause in 2022 Initial Rent £25,000 pax Low zone A rate £29.50 compared to peak rates at £55 £243.50 representing a net initial yield of approximately 10%
End-terraced freehold building comprising ground floor shop with laundry to the rear and accommodation at first and second floors capable of conversion if required, to residential or alternative use (subject to any consents being received).
Ground floor lock-up shop with vacant upper floors with the benefit of rear servicing. The property is of typical brick construction beneath a pitched roof and is arranged over ground, first and second floors.
A prime residential development opportunity offering approximately 2.37 acres of part developed land which has the benefit of full planning permission ref: B07/2016/0897 for 55 dwellings, providing a mix of apartments and terraced, semi-detached and detached dwellings.
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Portland Walk, 33 Barrow-in-Furness Cumbria LA14 1DB is the latest commercial property for sale (1,900 sq ft), listed by Peill & Co.
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