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19-21 Portland Walk, Barrow-In-Furness, Cumbria, LA14 1DB
For Sale
- Retail
- For Sale £250,000 offers in the region of
- Size 4,263 sq ft (396.03 sq m)
Key Features
- Substantial retail unit - capable of sub-division
- Adjacent to "The Bridge" and BAE Systems Training Centre
- Can divide into 2x ground floor units
- Opposite new temporary market traders' pitch
- Long leasehold interest available for sale
- Letting considered
Description
The property comprises a substantial retail unit arranged over ground and first floors, capable of sub-division (subject to any consents being received). The property was most recently occupied by Heron Foods as a supermarket.
This, coupled with the opening of a new campus for University of Cumbria will lead to increased pedestrian flow in Portland Walk. Other occupiers in the immediate vicinity include a newly upsized Greggs, Heron Foods, Furness Building Society, Clinton Cards, Waterstones, New Look and JD Sports.
This, coupled with the opening of a new campus for University of Cumbria will lead to increased pedestrian flow in Portland Walk. Other occupiers in the immediate vicinity include a newly upsized Greggs, Heron Foods, Furness Building Society, Clinton Cards, Waterstones, New Look and JD Sports.
Location
Barrow-in-Furness is a sub-regional centre situated in southwest Cumbria with a resident population of approximately 65,000 but which draws on a much wider catchment incorporating surrounding towns and villages. The 30-minute drive-time population is widely regarded as being in excess of 120,000. The town's major employer is BAE Systems who are undergoing a rapid recruitment campaign increasing employees in the shipyard working on construction of nuclear submarines benefitting from the AUKUS deal. Associated employment in the supply chain in the Furness area will see up to 20,000 people working in the industry.
Terms
The property is held on the balance of a 99 year lease from December 2012 (expiry 9 December 2111) at a passing rental of £3,100 pa (subject to review in 2027 and 5 yearly thereafter).
Viewings
Strictly by appointment via the sole agents, Peill & Company 01539 888 000 or admin@peill.com
Simon Adams
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