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15 The Sands 4,078 SF 8% Leased Retail Building Appleby In Westmorland CA16 6XN $188,225 ($46.16/SF)



Investment Highlights
- Substantial former Co-Op building
- Excellent location
- Refurbishment-Development potential
Executive Summary
Opportunity to acquire the freehold interest of this investment/development opportunity in attractive Eden Valley location. The property, occupies a prominent location adjacent to the new Co-Op supermarket, opposite the Shire Hall and on the banks of the River Eden. The property has an attractive outlook overlooking the adjacent bowling club and river. The property is a short distance from St Lawrence’s Bridge and the historic St Lawrence’s Church and various riverside walkways.
The property comprises a substantial detached building comprising a large ground floor shop, plus vacant first floor former storage and staff accommodation plus a self-contained first floor flat (let on a protected tenancy); the property sits on a substantial site comprising car parking, gardens running down to the river Eden and 3x single garages. Subject to any consents being received, there is potential scope to create a further dwelling flat at first floor and split the ground floor into 2x retail units to create 2 shops and 2 flats, with further potential to the rear of the premises. Available at a guide price of £140,000.00
The property comprises a substantial detached building comprising a large ground floor shop, plus vacant first floor former storage and staff accommodation plus a self-contained first floor flat (let on a protected tenancy); the property sits on a substantial site comprising car parking, gardens running down to the river Eden and 3x single garages. Subject to any consents being received, there is potential scope to create a further dwelling flat at first floor and split the ground floor into 2x retail units to create 2 shops and 2 flats, with further potential to the rear of the premises. Available at a guide price of £140,000.00
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,078 SF
Building Class
B
Year Built
1890
Price
$188,225
Price Per SF
$46.16
Percent Leased
8%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.17 AC
Frontage
44’ on The Sands
Amenities
- Storage Space
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The space comprises 1,876 sq ft of retail accommodation. The unit benefits from ancillary accommodation and a yard area. There is potential to create two shops and further residential accommodation on the upper floors. Available by way of a new lease.
| Space | Size | Space Use | Position | Available |
| Ground | 1,876 SF | Retail | End Cap | Now |
Ground
| Size |
| 1,876 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Ground
| Size | 1,876 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
The space comprises 1,876 sq ft of retail accommodation. The unit benefits from ancillary accommodation and a yard area. There is potential to create two shops and further residential accommodation on the upper floors. Available by way of a new lease.
1 1
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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15 | The Sands
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