28-30 Market Street, Kirkby Stephen, Cumbria CA17 4QN

28-30 Market Street, Kirkby Stephen, Cumbria CA17 4QN

Guide Price£525,000

A rare opportunity to purchase an imposing mixed-use property comprising two retail units which are interlinked at first floor and a rear former cottage currently used as workshop accommodation. The property has planning permission approved for a two bedroom cottage, two 1 bedroom first floor apartments and two self-contained retail units at ground floor and benefits from front car parking, rear courtyard and forms one of the most prominent buildings within Kirkby Stephen town centre.

LOCATION

The subject property is situated on Market Street, the prime retailing pitch in the town of Kirkby Stephen in the Eden Valley, Cumbria, in the North West of England.

Kirkby Stephen is an ancient market town with a population of 1,832 (2011 Census) providing a lively and popular tourist location benefiting from good local facilities including a supermarket, convenience store, a range of hotels and public houses, cafes, restaurants, local gift shops as well as primary and secondary schools. The town is a popular stop off and a centre for walkers and cyclists with four nature reserves within a five mile radius and having an official ‘walkers are welcome’ status. Kirkby Stephen is also situated on the Walney to Wear (W2W) coast to coast cycling route and the central section of the Pennine Cycleway and benefits from a local train service which runs north to Carlisle and south east to Leeds via the Leeds Settle Railway Line.

The local vicinity boasts a mixture of leading high street brands and local covenant occupiers including Costa Coffee, McColl’s convenience store, Eden Outdoors, Curiou s & Collectables, Bryson’s bakery and Mike Addison Opticians as well as a variety of local gift shops, cafes, leisure outlets and banks.

Market Street connects directly with the A685 North Road, around 150 metres to the north, being the main route running through Kirkby Stephen and travelling north where it meets Brough and the A66, 4 miles away. The A66 provides access west to Penrith and Junction 40 of the M6, around 26 miles away and to the east through the Pennines and to Scotch Corner and the A1(M), 29 miles away.

The A685 also travels to the south west where it meets Tebay, the western boundaries of the Lake District National Park and Junction 38 of the M6, 11 miles away and Kendal is approximately 26 miles to the south west. West Coast Mainline Train Stations are located at Penrith and Kendal (Oxenholme) providing direct services to London Euston and Glasgow as well as Kirkby Stephen train station circa 1.5 miles away situated on the Leeds, Settle, Carlisle line.

THE PREMISES

The subject property comprises an imposing part Grade ll Listed town centre mixed-use retail and workshop premises with former residential cottage to the rear.

The building is of traditional stone construction, which is rendered externally underneath a series of multi-pitched slate roofs and incorporating two shop frontages, one being return frontage and the other having parapet stone detail, a central archway provides access to the rear courtyard and Cottage and there is front car parking for 3 vehicles.

Internally the property benefits from two separate retail shops comprising Unit 28 and 30 Market Street which are interconnected at first floor providing further sales accommodation, stores, WC facilities and office.

30 Market Street

Internally, 30 Market Street is accessed via a front pedestrian door with retail display windows on either side leading to an open plan sales area, side stock loading double door and rear staircase to the first floor.

The retail shop provides carpeted flooring, plaster painted walls and ceiling, stock display lighting, exposed stone detail, wall mounted radiators, exposed timber beams and an attractive original cast-iron fireplace.

The rear staircase provides access to a large gallery landing and separate open plan sales room and interlinks to Unit 28 via a display room over the arched alleyway and to the first floor of the former cottage.

The accommodation in the main has carpeted flooring, wallpapered walls, stock display wall and ceiling lighting, timber framed single glazed windows, original stone surround open fireplace, exposed oak flooring and WC facilities.

28 Market Street

Internally, 28 Market Street is independently accessed via a front pedestrian door leading to an open plan sales area, central store and rear stockroom, a side staircase provides access to a large gallery landing linking through to 28 Market Street and office.

The retail shop has carpeted flooring, timber panel walls in part, plaster painted walls and ceiling, decorative cornicing and ceiling rose, chandelier lighting and picture rail.

The rear store has solid concrete floors, exposed block and stone walls, strip lighting and secondary access to the side courtyard.

At first floor the large landing room has carpeted flooring, wallpapered and plaster painted walls, plaster painted ceiling, strip spotlighting, floor mounted kitchen units and kitchen point, built-in wardrobes, wall mounted radiator and timber framed single glazed windows, linking through to 30 Market Street.

The office is at the front of the premises facing Market Street and incorporates carpeted flooring, papered and painted walls and ceiling, central fireplace with gas fire insert, wall mounted radiator, downlighting and bay window with timber framed single glazed units.

The Cottage

The Cottage is accessed via the rear courtyard and is interlinked at first floor to 30 Market Street.

Internally, the ground floor is accessed via two pedestrian doors, the first into an open plan workshop with WC facilities and a separate door to the store and boiler room for 30 Market Street.

The workshop has solid concrete floors, plaster painted walls and ceiling, strip lighting, timber framed single glazed windows and kettle point with WC.

The first floor is arranged as three separate rooms providing carpeted flooring, plaster painted/wallpapered walls, plaster painted ceiling, downlighting, timber framed single glazed windows and WC facilities.

Externally, the property has a very attractive cobbled and stone flagged courtyard, incorporating dwarf wall planted areas, an external store, seating areas, water feature and a central arched alleyway leads to the front car parking area for 3 cars.

Planning Permission

The land and buildings have the benefit of planning permission from Eden District Council to convert the upper floors of 28 and 30 Market Street to two, one bedroom apartments, the ground floor elements to two self-contained retail units and the rear cottage into a two bedroom cottage.

Additional information is available from Eden District Council planning portal website under planning reference: 19/0822 and 19/0823

ACCOMMODATION

The workshop/former residential accommodation provides the following approximate gross internal area measurements:

The Cottage

Ground Floor 47.18m2 (508 sq ft)

Mezzanine 45.99m2 (495 sq ft)

Total approximate Gross Internal Area 93.17m2 (1,003 sq ft)

External Store 3.69m2 (40 sq ft)

The retail accommodation provides the following approximate net internal area measurements:

28 Market Street

Ground Floor 85.64m2 (922 sq ft)

First Floor 55.68m2 (599 sq ft)

Total approximate Gross Internal Area 141.32m2 (1,521 sq ft)

30 Market Street

Ground Floor 70.50m2 (802 sq ft)

First Floor 78.93m2 (850 sq ft)

Total approximate Gross Internal Area 153.43m2 (1,651 sq ft

SERVICES

The property is connected to mains electricity, water, gas and the mains drainage/sewerage system.

28 and 30 Market Street have separate gas fed boilers supplying heating and hot water to the properties.

Prospective purchasers should make their own enquiries as to the services available for future use.

PROPOSAL

Offers are invited with a guide price of £525,000 exclusive for the freehold interest with vacant possession.

It is advised that consideration will be given to selling the building in lots, further information is available upon request.

It should be noted that our Client is not obliged to accept the highest or any offer without prejudice and subject to contract.

VAT

All figures quoted are exclusive of VAT where applicable.

RATEABLE VALUE

We understand from the VOA website that the premises have a Rateable Value of £10,000 and is described as a shop and premises.

Prospective tenants should check the exact rates payable with Eden District Council – Tel: 01768 817817.

LEGAL COSTS

Each party is to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.

VIEWING

The properties are available to view by prior appointment with the Windermere Office of Edwin Thompson LLP.

Contact:

Joe Ellis – j.ellis@edwin-thompson.co.uk

Suzie Barron – s.barron@edwin-thompson.co.uk

Tel: 015394 48811

www.edwin-thompson.co.uk

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    Quick Summary

    Price £525,000
    Town/City Kirkby Stephen
    Status Under Offer
    Size (Acres)