1 Bridge End, The Sands, APPLEBY, Cumbria, CA16 6XN

Ref: MA1380
For Sale
Guide Price: £110,000
Type: Investment, Retail Shop, Takeaway
Tenure: Freehold
  • Overview
  • Description
  • Location
  • Request a Viewing

Commercial Investment Opportunity

• Shop currently used as a Pizza takeaway
• Ancillary storage accommodation, bathroom and rear patio
• Lovely town centre situation next to River Eden
• Picturesque Eden Valley market town
• Range of investment, trading or development possibilities
• Renovated in 2022

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Commercial Investment Opportunity

• Shop currently used as a Pizza takeaway
• Ancillary storage accommodation, bathroom and rear patio
• Lovely town centre situation next to River Eden
• Picturesque Eden Valley market town
• Range of investment, trading or development possibilities
• Renovated in 2022

Overview
A shop with ancillary accommodation on two floors which is currently used as a Pizza takeaway. The lease expires on 26 May 2025 and is excluded from the renewal provisions of the Landlord and Tenant Act 1954. There are a number of possible investment, trading or development options. 

The building underwent substantial renovations in 2022 including re-roofing, like-for-like replacement of structural timbers, new common rafters, battens, new & re-used slates, removal of cement render & re-rendering with lime, limewashing and replacement of shop front windows

Location
Appleby-in-Westmorland is an historic and picturesque market town, situated in the Eden Valley area of Cumbria close to the North Pennines and the Lake District, with a population of around 3,000. The local economy is based on tourism, farming and small businesses. It is 14 miles from M6 J40 at Penrith via the A66 trans-Pennine road and has a railway station on the Carlisle-Settle line. Local facilities include a grammar school, a range of independent shops, cafes, delicatessens, a leisure centre and it is home to the annual Appleby Horse Fair. The property lies in the town centre, adjacent to St Lawrence Bridge over the River Eden and fronting The Sands.

Description
Two storey Grade II Listed period building at the end of a row of buildings and comprising a ground floor shop with ancillary store/ prep room and first floor bathroom and storeroom with a small patio area overlooking the river at the rear. 

Accommodation & Floor Areas

Floor Description Sqm Sqft
Ground Shop 37.2 400
  Prep/ Store 13.4 144
First Storeroom 10.7 115
  Bathroom 4.3 46
       
  Total Area 65.6 706

All references to areas and dimensions are deemed to be approximate.

Services
We are advised that mains water, electricity, gas and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

Fixtures & Fittings
Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars, or the inventory are excluded. 

Tenure
We are advised the property is freehold.

Occupational Agreement
The property is subject to a lease to the current tenant, which expires on 26 May 2025, at a rent of £4,800 per annum. The lease includes the inventory of trade equipment used to run the pizza takeaway business trading from the premises.

Rates
Description in list:    Shop & premises
Rateable Value:    £3,400

The property qualifies for 100% small business rates relief.

Energy Performance Certificate
Awaited.

Planning
Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority, Westmorland & Furness. The property is Grade II Listed and is in a Conservation area.

Vat & Stamp Duty
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

Finance
If you require financial assistance, we can refer you to a local professional who can advise on sources of finance and prepare a business plan which most lenders now require.

Money Laundering Legislation
Estate Agents are obliged to obtain evidence of identity and proof of address of buyers and tenants to comply with Anti-Money Laundering Legislation, prior to acceptance of an offer.

Viewing
Strictly by appointment with the sole agents, Mere Commercial. Tel. 017684 83498. E-mail. [email protected]  Date 06/09/2024.

Please complete the form below to request a viewing for this property including your name, postal address, telephone number and email and in the comments box any relevant additional information such as whether you have a property to sell and/or require finance and for a letting property your proposed use.

Arrangements for viewings vary from property to property. Viewings will be accompanied by our client or our representative and times are subject to their availability and where a property is tenanted, the tenant’s availability. In the comments box, please provide some alternative days and times with a few days’ notice, if possible, and we will arrange a mutually convenient time. Alternatively, call us on 017684 83498.

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