For sale by our joint auctioneers London City Auctions
How about a massive investment opportunity!!
Units 8 and 9 combine to make one large unit. Currently let by a well established business, Slaters Tanning Lounge, this unit has prominent shop frontage on the corner of the main road Lowther Street as well as leading in down the shopping centre itself. Each unit measures approx. 1282 sq. ft (STMS) with a combined potential annual income of around £26,000.
Earls Lane Shopping Centre is a purpose-built open shopping centre comprising of 11 retail units, 3 of which are arranged as double units all built-in 1990. Each unit’s range is from 866 sq.ft to 11,254 sq. ft, including the office suite and bus station this totals approx. 41,192 sq. ft.
There is plenty of foot traffic with the pedestrianized thoroughfare between the shops and the bus station with integral toilet accommodation.
All units benefit from fully glazed floor-to-ceiling windows, brick and block walls, solid concrete floors and modern shop front finish and the units are all connected to mains electricity, water and drainage.
Earls Lane Shopping Centre is located between Lowther Street and Lonsdale Street in Carlisle City Centre providing integral access between the bus station, the Lanes Shopping Centre and the prime retail core. Carlisle is located 8 miles (13 km) south of the Scottish border at the confluence of the rivers Eden, Caldew and Petteril. It is the largest settlement in the county of Cumbria and serves as the administrative centre for both Carlisle City Council and Cumbria County Council.
Applies on the fall of the hammer. The purchaser shall pay a 10% deposit (subject to a minimum of £4,000). Plus, In addition a buyer’s premium of 2% of the sale price, Subject to a minimum of £4000 + VAT upon the exchange of contract.