Summary - THE ARCHES COFFEE SHOP, KINMOUNT ARCADE, FISHER STREET CA3 8RF
1 bed 1 bath Commercial Property
**Key Features:**
- **Prime Commercial Investment:** Located in Carlisle city center with a strong trading environment.
- **Diverse Tenant Mix:** Includes long-standing businesses like Ashbridge & Brown and local eateries, ensuring stable rental income.
- **Expandable Rental Opportunities:** Potential for increased revenue through new lease agreements and upcoming lease events.
- **Historic Character:** Property features Grade II listed status with architectural elements dating back to the 1890s.
- **Large Size:** Total commercial space of 14,059 sq ft with a passing rent of £141,880 per annum, reflecting a net adjusted yield of 8.07%.
**Property Summary:**
Seize this rare mixed-use commercial investment opportunity located on Fisher Street in Carlisle, a bustling retail hub within Cumbria. The property comprises a vibrant mix of retail, leisure, and office spaces in a part Grade II listed building, retaining its historic charm while accommodating modern tenants. The strategic position along a main pedestrian route ensures high foot traffic and visibility, ideal for attracting customers.
With several long-term tenants and a diversified tenancy schedule, this property promises stable income while presenting options for future growth through new leasing opportunities. Additionally, the existing setup within Kinmont Arcade, Treasury Court, and along Fisher Road allows for a dynamic investment where you can envision various operational business models.
While the property boasts a distinctive character and location, potential investors should note that its listed status may limit renovation and remodeling options. However, with an effective management strategy, it's an exceptional chance to invest in an area with a strong demographic catchment and robust infrastructure, including excellent transport links and rapid broadband availability. Don’t miss out on this compelling opportunity – properties of this nature rarely come to market!
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