News

Former Dorothy Perkins in Whitehaven up for auction

Retail Unit in Whitehaven

Two retail units in Whitehaven, including a former branch of Dorothy Perkins, are due to go under the hammer later this month. Auction house Pugh is to include the properties in its online auction on 25 April.

The 8,200 sq ft three-storey former clothing store on King Street, which includes a large retail unit and further sales area, storage and staff accommodation on the upper floors, has a guide price of £95,000.

Paul Parker, Associate Director at Pugh, said: “The property is in a prime location within Whitehaven’s main shopping area and provides an exciting opportunity to operate alongside a number of national high street names, including Greggs, Boots and Costa Coffee.”

The second property, located on Strand Street, close to the marina and main shopping area of Whitehaven town centre, has been given a guide price of £125,000 - £150,000. This mixed commercial and residential investment includes a ground floor retail unit together with two self-contained flats on the upper floors.

Paul added: “The location near the busy Whitehaven harbour and marina, and close proximity to the Lake District, means the area is a popular destination for visitors. Alongside this commercial opportunity, the residential units have a combined annual rental income of £8,996, making it an overall sound investment.”   

Bidding on both properties, and the other lots in Pugh’s online auction, opens on 25 April and closes the following day. To view the full catalogue, click here.

Paul Parker Paul Parker

Associate Director

About the Author

Paul is a Chartered Surveyor with over 15 years’ experience in agency and valuation across a diverse range of property types. 

Paul joined Pugh & Co in February 2018 from Lambert Smith Hampton (LSH), where he was an Associate Director in the North West Asset & Debt Advisory team. Prior to that he was Principal Surveyor at Edward Symmons, who were subsequently acquired by LSH, and was also a Senior Surveyor with Gerald Eve in Liverpool.                                                                                   

Paul has dealt with the acquisition and disposal of a variety of properties throughout the North West from retail, offices and industrial to residential development sites and residential portfolios. He has also advised charitable clients including the United Reformed Church (Mersey Province) Trust on the disposal of redundant church premises for compliance with the Charities Act 2011. 

More recently, Paul has provided advice to financial institutions and insolvency practitioners on the management and disposal of distressed property assets. He has also acted on behalf of national PLC’s, Government Agencies and private companies and individuals.