Workington is located on the western coast of England, within close proximity of the Lake District National Park. Retail centre extends to 251,369 sq ft (23,353 sq m). Long Leasehold from Allerdale Borough Council expiring 2205/2206. Long leasehold title extends to 6.0 acres. Sustainable blend of convenience, amenity, services, fashion and F&B uses. Strong and robust WAULT – 7.41 years to expiry (6.10 years to breaks). 427-space multi-storey car park leased to, and operated by, Allerdale Borough Council, with fixed uplifts and a lease expiry of 2041. Various value-add asset management opportunities. Total gross income of £1,939,642 per annum. Net operating income, after deductions of Landlord shortfalls and non-recoverable contribution to marketing, of £1,404,593 per annum.
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