Commercial Property
A unique waterfront opportunity comprising of a former brewery and maltings site.
Landmark Site and Premises having a rich historical brewery tradition. The Brewery complex extends over a total site area of 1.73 acres and offers over 63,000 sq. ft. of buildings.
The site is intersected by Brewery Lane, with the principal brewery operation undertaken on the south side of Brewery Lane with the former Maltings on the north side of the roadway.
Comprises a range of buildings arranged over varying levels with more modern buildings providing storage and warehouse accommodation set around the principal courtyard entrance.
The Maltings comprise an impressive five storey Grade II Listed building being of
traditional brick construction
The site will be part let on a 6 month licence from completion to Carlsberg/Marstons at £2,500 per calendar month/£30,000 per annum.
The brewery building has lapsed planning for residential conversion from 2012. Planning Application 2/2012/0264 for 16 x 2-3 bedroom apartments.
Would suit existing use or subject to planning residential, hotel, care home, student accommodation, place of worship, hostel etc
The property is situated in the town centre of Cockermouth which is busy market town in the north west corner of the English Lake District National Park which has 16 million visitors a year.
Majority freehold with a small part, long leasehold 999 years at a peppercorn from circa 200 years ago with no title restrictions. Please see legal pack for more information.
We have been informed that VAT is not payable. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
See Legal Pack. Part let/part vacant.
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.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
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.
