Auction House London

Lot 29

Land - Commercial Property 

Castle Brewery

Brewery Lane, Cockermouth, Cumberland, CA13 9NE

£850,000+

Guide Price (plus fees)

A Brewery Site Measuring Approximately 1.73 Acres with Multiple Buildings Extending Approximately 63,125 sq ft (5,864 sq m). Part of the Property has Lapsed Planning Permission for Residential Conversion. Part of the Property will be Let to Carlsberg - Marston on a 6 Month License from Completion at a Rent of £2,500 Per Calender Month.

Description

The lot comprises of a brewery complex of various buildings including a five storey Grade II Listed building with lapsed planning permission for conversion to residential. The property is situated on a substantial plot of land measuring approximately 1.73 Acres (7,001 sq m).

Tenure

Majority Freehold with a small part of the property being held on a 700 year lease with no restrictions.

Location

The site is situated in the town centre of Cockermouth, adjacent to the river Cocker and Cockermouth Castle 20 miles from Carlisle and within close proximity to the Ford World Rally team headquarters. Cockermouth has an expanding population with significant recent residential development.

Planning

Part of the property, the former maltings building was previously granted listed building consent in 2012 for the conversion to residential to create 16 flats (Two & Three beds) which has now lapsed. Ref: 2/2012/0264.

Tenancy

Part of the property will be let on a 6 month licence to Carlsberg - Marston from completion at a rent of £2,500 pcm.

Note

The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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Viewings by Appointment with the Auctioneers - Please contact Jordan Phillips on Jordan@auctionhouselondon.co.uk to arrange a viewing
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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