Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment let to Betfred and occupying a prominent pitch fronting a high footfall street.
Arranged across ground, first and second floors, the property is fully let to Betfred, a long standing tenant of 20+ years on a recently renewed five year lease expiring 04.02.2031 and paying £18,000 per annum.
The freehold includes an additional three retail units and upper parts which have been sold of on separate 999 year long leaseholds.
The property benefits from a prominent frontage to Murray Road, one of the principal retail streets in Workington. The area therefore benefits from high footfall and is characterised by a number of local and national retailers including Boots, Superdrug, Savers, Cancer Research and Specsavers.
Tenure
Freehold
Tenancy
The property is let to Done Brothers (Cash Betting) Limited t/a Betfred on a recently renewed five year lease expiring 04.02.2031 and paying £18,000 per annum.
The lease is on full repairing and insuring terms and includes a tenants break option in the third year. We understand the tenant has been in occupation for 20+ years, displaying confidence in the location.
Done Brothers (Cash Betting) Limited
Rent