commercial property for sale

Property Information

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Status:	Available
Tenure:	not specified
Price:	Guide Price £200,000

Full description

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FOR SALE/OR TO LET
Premises Suitable for Commercial or Residential Use (subject to appropriate planning permission)

The premises comprise what was originally two residential dwellings that have most recently been occupied for office purposes. The premises are suitable for use as a whole or available separately as 8 and 9. Presently there is a link formed by a doorway at first floor level between the two premises which can be easily blocked up if required. The premises are ideally suited to continue as office premises, or are suitable for a variety of alternate uses subject to any necessary planning consents such as beauty salon, hairdressers, bed and breakfast, etc. It should be noted that the ground floor of No. 8 has been let to Social Services. They are presently holding over the lease and notice has been served on them to see if they wish to continue in use. Naturally their decision may impact on the potential use. Alternatively, again subject to planning consent and obtaining vacant possession the premises will easily convert back to their former use for two three bedroom dwellings, or as six to ten letting rooms.


Location:
The premises are situated on the periphery of Carlisle city centre with surrounding uses being a mixture of residential and commercial. There is a significant pedestrian flow past the property, and car parking is available in close proximity either on street (via a disc zone) or in nearby public car park.

8 Chapel Street:
Ground Floor

Office 1/Potential Reception 1: 4.13m x 3.99m (16.48 sq m)
Office 2/Potential Reception 2: 3.82m x 4.15m (15.85 sq m)
Store/Potential Kitchen: 2.02m x 1.87m (3.78 sq m)
Lobby: 1.56m x 1.29m (2.01 sq m)
Toilet: 1.25m x 0.87m (1.09 sq m)

First Floor

Landing:
Office 1/Potential Bedroom 1: 4.31m x 3.85m (16.6 sq m)
Office 2/Potential Bedroom 2: 4.18m x 3.97m (16.59 sq m)
Office 3/Potential Bedroom 3: 2.86m x 2.75m (7.86 sq m)
Store/Potential Bathroom: 2.74m x 1.95m (5.34 sq m)

Basement Storage: Approximately 12.5 sq m


9 Chapel Street:
Ground Floor

Office 1/Potential Reception 1: 4.19m x 4.77m (19.98 sq m)
Office 2/Potential Reception 2: 4.22m x 4.42m (18.65 sq m)
Kitchen: 2.34m x 2.02m (4.73 sq m)
Toilet: 1.29m x 1.48m (1.91 sq m)
Lobby: 1.5m x 0.83m (1.25 sq m)
Toilet 2: 1.44m x 1.64m (2.36 sq m)

First Floor

Office 3/Potential Bedroom 1: 4.26m x 3.43m (14.61 sq m)
Office 4/Potential Bedroom 2: 4.2m x 4.25m (17.85 sq m)
Office 5/Potential Bedroom 3: 2.55m x 4.19m (10.69 sq m)
Store/Potential Bathroom: 2.18m x 2.93m (6.39 sq m)

Attic Storage: Approximately 17.5 sq m

Basement Storage: Approximately 17 sq m


Services:
The properties have the benefit of all mains services being gas, electricity, drainage and water. If the premises are let or sold as two separate entities the services will be split appropriately.

Rateable Value:
The Valuation Office Agency website (for which we can accept no responsibility) shows a rateable value for 9 Chapel Street and the first floor of 8 Chapel Street as being 9,700 and is listed as special category code 203-Offices. We were unable to find a listing for the rateable value of 8 Chapel Street. If the properties are split they will require reassessment.

If the property/properties are to be converted to residential use they will require reassessment for council tax purposes.


Tenure/Rent:
The property/individual properties are available to purchase on a freehold basis. Alternatively offers will be considered for the leasehold interest of the properties on a rental basis. If rented the lease is to be available on full repairing and insuring terms on multiples of 3 or 5 years. As previously advised the ground floor of No. 8 Chapel Street has been let to Social Services. They are presently holding over on their lease. Notice has been served on them to clarify if they wish to continue in occupation or vacate the premises. The suitability of the property to rent as a whole or No. 8 on an individual basis may be influenced by Social Services decision to vacate/or stay in the property.

The asking price for the property as a whole (ie: both 8 & 9 Chapel Street) is 200,000.

The asking price for No. 9 Chapel Street as an individual unit is 105,000.

The asking price for No. 8 Chapel Street as an individual unit is 95,000.

In respect of rental the asking rent for the property as a whole (assuming vacant possession is obtained of the part of property currently occupied by Social Services) ie: 8 & 9 Chapel Street together is 15,000 per annum.

The asking rent for No. 9 Chapel Street as an individual unit is 8,000 per annum.

The asking rent for No. 8 Chapel Street (assuming vacant possession is obtained of the part of the property currently occupied by Social Services) as an individual unit is 7,000 per annum.


VAT:
It is understood that the sale is not subject to VAT.

Legal Costs:
Each party to bear their own legal costs

Viewing and Further Enquiries:
Strictly by appointment with Tiffen & Co. Telephone 01228 515666.

Details Prepared:
10 November 2011

Disclaimer: Tiffen & Co., as agents for the vendor or, as the case may be, Lessor (the Vendor ) and for themselves, give notice that: (1) The particulars are produced in good faith, are set out as a general guide only and do not constitute part of a contract. (2) No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatever in relation to this property. (3) This property is offered subject to contract and, unless otherwise stated, all prices/rents are quoted exclusive of VAT. (4) Nothing in these particulars should be deemed to be a statement that the property is in good condition or that any service or facilities are in working order. (5) Unless otherwise stated, no investigations have been made regarding pollution or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. August 2007.