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£205,000

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The Stump 50 High Road, Whitehaven, CA28 9AG

Commercial

leisure

pub

Vacant

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Attractive Commercial Opportunity

Description

The Stump, 50 High Road England CA28 9AG - 208491796

  • PRIME NEW LISTING. We are excited to present this Vacant Hospitality unit located within a prime location in Whitehaven.
  • Anticipated rent £2,000 pcm (£24,000 pa) STT&DD. **5 Howgill Court, Howgill Street, Whitehaven sold £80,000; Flat 9, Golden Lion Court, Whitehaven sold £95,000**
  • The property benefits from planning approval to convert the former pub to residential use, creating an excellent development opportunity.
  • Sure to appeal to shrewd investors seeking a value-add project, with strong potential to enhance capital value on completion.
  • Situated in a prime Whitehaven position, the property enjoys strong daily footfall and passing trade, ideal for multiple commercial uses.

PRIME NEW LISTING. We are excited to present this Vacant Hospitality unit located within prime location in Whitehaven.

The property is arranged over two levels and comprises a spacious ground floor former pub trading area, with the top floor offering a self-contained three bedroom flat, providing flexible options for redevelopment or future operation.

Based on the local market, the commercial element could realistically achieve an anticipated rent of £2,000 per month, which is £24,000 per annum, subject to tenancy and due diligence. With the unit currently vacant, the opportunity is well suited to both investors targeting a strong rental return and owner-occupiers seeking a prominent premises with additional space above.

The property is held on a freehold basis, giving the buyer outright ownership and long-term control over future use and strategy.

The property comes with planning approved for the pub to be converted to residential use, presenting a compelling route to repurpose the accommodation and unlock added value as a development opportunity.

Sure to appeal to shrewd investors looking for a potential development opportunity, particularly those seeking a straightforward project in an established town with consistent occupier demand.

The property is situated in a prime location in Whitehaven, benefiting from large daily footfall, which supports a wide range of end uses and enhances future letting prospects.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area: **5 Howgill Court, Howgill Street, Whitehaven, CA28 7QN previously sold for £80,000. Flat 9, Golden Lion Court, Whitehaven, CA28 7JD previously sold for £95,000**

The accommodation extends to approximately 1,791 sq ft, offering a generous footprint that supports multiple configurations, subject to all necessary consents.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

The buyer will contribute £650 + VAT towards the seller’s legal fees.

Location

Whitehaven is a well-established Cumbrian coastal town with a busy centre that supports a mix of independent operators and national occupiers, generating steady footfall and dependable passing trade. The town benefits from convenient road links to the wider West Cumbria area, while Whitehaven railway station provides regular services that help sustain commuter and visitor movement through the commercial core. Ongoing investment and improvement across the wider area continues to support occupier confidence, making the town attractive for retailers, hospitality operators and service businesses. This creates a solid platform for future letting demand and owner-occupier interest in well-positioned premises.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

The buyer will contribute £650 + VAT towards the seller’s legal fees.