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Investment For Sale – Currently tenanted to 2027 at a passing rent of £10,800. Asking price £145,000

5 Market Street, Carnforth, LA5 9JX
£145,000
  • Sizes:
  • 1377 sqft,
  • 127.93 ㎡

Type: Purchase

Summary

  • Investment for sale
  • Ground Floor Retail and basement
  • Passing rent £10800 pa
  • Asking price £145,000

Location

The property occupies a prime trading position in the heart of Carnforth town centre, within close proximity to Carnforth railway station. Carnforth is a vibrant market town benefiting from a strong mix of national and independent retailers, including Greggs and Boots.

The town enjoys excellent transport connectivity, with convenient access to both the A6 and M6 motorway. Junction 35 of the M6 is located approximately 1 mile from the town centre, providing strong regional links throughout Lancashire and the wider North West.

Description

Located in the heart of Carnforth town centre, this well-presented retail investment property is currently let to an established flooring retailer, offering an attractive opportunity for investors.

Accessed directly from Market Street, the property provides a spacious ground floor retail area together with a rear ancillary section comprising a cellular office, WC, recently upgraded kitchen, and additional storage facilities.

A staircase leads to a useful dry basement, providing further storage accommodation.

The property is offered for sale at an asking price of £145,000, subject to the existing lease, which currently produces a passing rent of £10,800 per annum until 2027.

Accommodation
Retail Area: 685 sq ft
Rear Ancillary Area: 211 sq ft
Basement: 481 sq ft

Total Accommodation: 1,377 sq ft

Services;

We understand the property benefits from mains water, gas, and electricity connections.

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Contact Details

Branch: Kendal

Contact: Caroline Hayton

Telephone: 01539 740 500

Email: caroline.hayton@dmhall.co.uk

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