Retail premises to let in Dalton Road, Barrow-In-Furness LA14

Description

A substantial 3-storey mid-terrace building of brick construction with modern full height glazed double shop frontage and street level access. The upper floors comprise office space and ancillary stores. There is expansive basement storage and rear lane access. The property would suit a variety of uses.

Tenure

The property is offered for sale freehold subject to the existing lease to Atos it Services UK Limited dated 31 July 2022.

The tenant has given written notice of its intention to terminate the lease at the property in accordance with the forthcoming break date on 31 July 2024. The passing rent is £21,000 pa which the tenant is responsible for payment of in full until the break notice date. The existing lease is held on internal repairing and insuring terms subject to a schedule of condition. A new lease will also be considered for a term of years to be agreed from 1 August 2024.

Price / rent

£190,000 for the freehold property or;

a rent of £21,000 pa, exclusive of Business Rates, VAT and all other outgoings.

Business rates

Shop and Premises: £16,500 (2023) N: There is potential current rate relief from Business Rates for retail and hospitality occupiers subject to status and local authority guidelines. In the year 1 April 2023 – 31 March 2024 this equates to 75% off your Business Rates bill. This has now been further extended to cover the financial year 2024/25.

Viewings

Please contact Walton Goodland.

Accommodation

The property comprises the following approximate dimensions:

Ground Floor
Sales 1,366 ft² (127 m²)

First Floor
Offices 726 ft² (67 m²)
Ladies 1 WC & 1 whb
Gents 1 WC & 1 whb

Second Floor
Offices 851 ft² (79 m²)

Basement
Stores 1,010 ft² (94 m²)

Total 3,953 ft² (367 m²)

Services

All mains services are connected to the property which also benefits from air conditioning and gas central heating.

Planning

The property is situated within an area of mixed use in the main retail shopping core of Barrow-in-Furness.

Originally a bank, it is currently used as an independent assessment/consultation centre by Atos on behalf of the Department of Work and Pensions. We anticipate retail, restaurant, café, office/professional services, medical/health and fitness uses for example will all be acceptable subject to consultation with Westmorland & Furness Council and where necessary any planning approvals.

Interested parties can enquire of Westmorland & Furness Council on or alternatively telephone:

VAT

VAT is not applicable.

Energy performance certificate (EPC)

The property benefits from an EPC Rating of C68