Property Details
Pugh Auctions
Lot 023
Lot 023
Auction: June 2019

The Coast Office, 25 Promenade, Arnside, Carnforth, Cumbria, LA5 0HA

Property Details
Location

The property is located fronting the B5282 The Promenade, in the centre of the popular village of Arnside, overlooking the Morecambe Bay estuary. Arnside Station is within 0.5 mile with services to Grange over Sands and Carnforth. Gait Barrows National Nature Reserve, Arnside and Silverdale AONB and RSPB Leighton Moss are all within close proximity.

Description

A well established retail investment let to a local operator for 6 years at a rent of £10,800 per annum together with outbuildings let by way of a licence at £10 pcm. The property comprises ground floor shop extending to approximately 61.00 sq m together with rear store room, w/c and outbuildings.

Accommodation


Description
Sq M
Sq Ft
Shop
61.00
657
Store Room
4.50
48
W/C
3.00
32
Outbuildings
17.00
183
Total
855.00
920

Outside

There are three small outbuildings to the rear of the property extending to approximately 17.00 sq m GEA.

Tenure

The property is held by way of a 999 year lease from 30 April 2014.

Planning

Interested parties should consult direct with the Local Planning Authority: South Lakeland District Council, South Lakeland House, Lowther Street, Kendal, LA9 4DQ. Telephone: 01539 733 333.

Tenancy

The property is let by way of a 6 year lease from 29 April 2016 at a rent of £10,800 per annum and subject to an RPI rent review on 29 April 2019, which the seller has postponed. The rear outbuildings are let by way of a license at a rent of £10 pcm (£120 per annum).

General

1.) The property is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £10,750.

2.) Energy Performance Certificate = G.

3.) There is a service charge payable of £100 pcm (£1,200 per annum).

Property Location Address:
The Coast Office,
25 Promenade,
Arnside,
Carnforth,
Cumbria,
LA5 0HA
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Auction Details
Auction: June 2019 Date: 4th June 2019 Lot Number: 023 Doors Open: 10:30am Bidding Starts: 12:00pm
Address:
AJ Bell Stadium,
Manchester,
M30 7EY

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