Commercial Development
Former nightclub premises extending approximately 156.77 square metres(16,822 sq ft) with development potential (current planning permission to convert part to 3/4 retail units and twpflats)
A former nightclub premises extending circa 16,000 sqft across four levels, with the front elevation having frontage at ground floor to West Walls and the rear elevation has frontage two levels down to Blackhouses Walk.
The property benefits from planning permission to convert the West Walls level and first floor above into 3/4 retail units and two self contained flats at first floor with the remainder as nightclub use. The work has commenced and some shop fronts have been installed, but the majority of conversion works need undertaking and the whole floor remains open plan.
The property is situated on the edge of the town centre, opposite the rear entrance to Marks and Spencer food hall and Tesco. There is a large pay and display car park at the rear opposite the lower level frontage. Carlisle is the county town of Cumbria and lies adjacent to Junction 46 of the M6, with the northern edge of the Lake District National Park approximately 10 miles to the south.
We have been advised the property is a Listed building and would advise interested parties to speak with the local council about any potential grants available.
VAT applicable. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Deposit and Fees
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
