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Auction House UK · 22 Oct 2026 · in 3 days

Commercial development property

1 Preston Street, Whitehaven, Cumbria CA28 9DL · North West

LiveIndustrial

Commercial development property
Guide
£50,000
Rent a year
≈£4,800est.
Yield on the guide
≈9.7%est.
Payback
≈10 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
C
Size
1,250 sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

C from the government EPC register, lodged 19 Sept 2026 (certificate 2811-9939-4858-3123-1572). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Auction House UK's record

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About the lot

Industrial lot in Whitehaven.

Lot 29, Commercial Development. Commercial development property: A substantial, three storey commercial development property situated near the town centre and harbour. A former blacksmiths property with approximately 1,250 square feet on each floor plus garage at side. It is suitable for a variety of uses subject to the necessary planning approvals. Interested parties should make their own enquiries to Cumberland Council regarding their proposed use. Please note some of the machinery will be removed prior to completion. Tenure: See Legal Pack. What3words location ///saying.grades.music. Ground Floor: Main Workshop 39' x 19' Store 26'9 x 19'. First Floor: Store 26'9 x 19' Store 39'3 x 19'. Second Floor: Store 19' x 14'6 Store 19' x 12'6 Store 39'6 x 19'. Outside: Adjoining side Garage - see the title plan. Services: Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Solicitors: Brockbanks, Ref: Catherine Spraggon, Tel: 01900 827222

Figures come from Auction House UK's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.