The important university and historic city of Carlisle benefits from being 2 miles west of the M6 (junction 43) and some 12 miles north of the Lake District. The property is situated immediately adjacent to Carlisle Railway Station in the heart of the leisure district on the east side of Botchergate.
Neighbouring occupiers include JD Wetherspoon, Subway, VUE Cinema, Ibis Hotels, Gala Bingo, Walkabout and a number of other public houses/bars and restaurants.
The important university and historic city of Carlisle benefits from being 2 miles west of the M6 (junction 43) and some 12 miles north of the Lake District. The property is situated immediately adjacent to Carlisle Railway Station in the heart of the leisure district on the east side of Botchergate.
Neighbouring occupiers include JD Wetherspoon, Subway, VUE Cinema, Ibis Hotels, Gala Bingo, Walkabout and a number of other public houses/bars and restaurants.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation and self-contained retail/ancillary accommodation on the first and second floors which is accessed separately via Botchergate.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation and self-contained retail/ancillary accommodation on the first and second floors which is accessed separately via Botchergate.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
15 years from 01/10/2013 until 2028 on a full repairing and insuring lease (2)
£45,000
01/10/2018 and 5 yearly (fixed rental increases by 2% per annum compounded)
First Second
Ancillary Ancillary
403.56 sq m 40.00 sq m
(4,344 sq ft) (430 sq ft)
VACANT POSSESSION
Totals
715.51 sq m
(7,701 sq ft)
£45,000
(1) Trafalgar Leisure Limited was incorporated in 1999 and for the year ending 31st March 2013 reported a turnover of £2,537,499, pre-tax profits of £1,084,993 and a total net worth of £7,732,698. (Source: www.riskdisk.com 24/02/2014) (2)The lease provides for 5 yearly rent reviews with fixed rental increases at 2% per annum compounded.