£200,000

Land for sale

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Offers in region of

£200,000

(£9.00/sq. ft)

Land for sale

Montgomery Way, Carlisle CA1

22,216 sq. ft

Local area information

Property location

Nearby amenities

  • St Cuthbert's Catholic Community School 0.4 miles
  • Newman Catholic School 0.6 miles
  • Carlisle 1.6 miles
  • Wetheral 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Ideally located close to M6/A69 at junction 43
  • Currently let at A ground rent of £8,000 per annum with 5 yearly rent reviews
  • On-site business not affected
Description


The site comprises 0.51 acres of a long-leasehold title dated 27 June 1983 for a term of 125 years at a peppercorn rent.

The land is sub-let to Associated Tyre Specialists (Northern) Ltd (ats) for a term of 125 years less 3 days from 27 June 1983, via a lease dated 10 February 1984 at a current rent of £8,000 per annum with rent reviews every 5 years. The sub-tenants have recently sub-let the site to ats Euromaster Ltd for the remaining term.

Historically the site has been used for landfill and the sub-tenant has advised they have installed a gas extraction system on site, which currently maintained by the sub-tenants.
Location


The site is located at the corner of Montgomery Way and Auchinleck Drive on Rosehill Industrial Estate, Carlisle, approximately 0.5 miles from Junction 43 (M6/A69) and 1.5 miles from Carlisle City Centre.
Accommodation


0.51 acres (0.21 ha)

The site is outlined in red on the plan attached to these details.
Services


Mains electricity, water and drainage are connected to the site.
Rateable value


The current Rateable Value for the tenants occupation of the site is £58,500.

Purchasers are advised to make their own enquiries of the Valuation Office Agency at .
Tenure


Long-Leasehold (approx. 84 years remaining) subject to an existing lease to ats.
Price


Offers in the region of £200,000 for the remaining term of the ground lease for this site only.
VAT


All prices and outgoings are quoted exclusive of VAT.

VAT is not payable in addition to the sale price
Viewings


The site can be viewed from the roadside only.

Should a viewing of the building on site be required, this will need to be arranged via the marketing agents.

Strictly no approach must be made to the existing tenants.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Walton Goodland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Walton Goodland for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cumbria
  4. Carlisle
  5. Rosehill Industrial Estate
  6. Montgomery Way

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