PRIME NEW LISTING. We are excited to present this Vacant Hospitality unit located within a prime location in Whitehaven.
The property benefits from planning approval to convert the former pub to residential use, creating an excellent development opportunity.
Sure to appeal to shrewd investors seeking a value-add project, with strong potential to enhance capital value on completion.
Situated in a prime Whitehaven position, the property enjoys strong daily footfall and passing trade, ideal for multiple commercial uses.
Location
Whitehaven is a well-established Cumbrian coastal town with a busy centre that supports a mix of independent operators and national occupiers, generating steady footfall and dependable passing trade.
The town benefits from convenient road links to the wider West Cumbria area, while Whitehaven railway station provides regular services that help sustain commuter and visitor movement through the commercial core.
Ongoing investment and improvement across the wider area continues to support occupier confidence, making the town attractive for retailers, hospitality operators and service businesses.
This creates a solid platform for future letting demand and owner-occupier interest in well-positioned premises.
Accommodation
The accommodation extends to approximately 1,791 sq ft, offering a generous footprint that supports multiple configurations, subject to all necessary consents.
The property is arranged over two levels and comprises a spacious ground floor former pub trading area, with the top floor offering a self-contained three bedroom flat, providing flexible options for redevelopment or future operation.
Terms
Guide Price: £205,000
Based on the local market, the commercial element could realistically achieve an anticipated rent of £2,000 per month, which is £24,000 per annum, subject to tenancy and due diligence. With the unit currently vacant, the opportunity is well suited to both investors targeting a strong rental return and owner-occupiers seeking a prominent premises with additional space above.
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over future use and strategy.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.