Savills · 21 Oct 2026 · in 2 days
High Yielding Retail Investment
31-43 Murray Road, Workington, Cumbria, CA14 2AB · North West
LiveRetailFreeholdLet
- Guide
- £160,000
- Rent a year
- £18,000
- Yield on the guide
- 11.3%
- Payback
- 8.8 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
- Size
- 2,278 sq ft£7.90 rent per 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.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 21 Dec 2015 (certificate 9920-9935-0355-5600-7070). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Savills' record
Savills' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in Workington. Producing £18,000 a year, a 11.3% gross yield at the guide.
High Yielding Retail Investment Forming Part of a Popular High Footfall Parade Retail Unit and Upper Parts Let to Betfred, a Long Standing Tenant of 20+ Years, on a Renewed Five Year Lease Expiring 04.02.2031 Investment Let at £18,000 per annum. High Yielding Retail Investment. Let to Betfred. Recently Renewed 5 Year Lease Expiring 04.02.2031. Long Standing Tenant of 20+ Years. Prominent High Footfall Pitch. 2,278 sq ft (211.70 sq m). Investment Let at £18,000 p.a. (11.25% GIY on Guide Price). The property comprises a high yielding retail investment let to Betfred and occupying a prominent pitch fronting a high footfall street. Arranged across ground, first and second floors, the property is fully let to Betfred, a long standing tenant of 20+ years on a recently renewed five year lease expiring 04.02.2031 and paying £18,000 per annum. The property benefits from a prominent frontage to Murray Road, one of the principal retail streets in Workington. The area therefore benefits from high footfall and is characterised by a number of local and national retailers including Boots, Superdrug, Savers, Cancer Research and Specsavers. Tenancy: The property is let to Done Brothers (Cash Betting) Limited t/a Betfred on a recently renewed five year lease expiring 04.02.2031 and paying £18,000 per annum. The lease is on full repairing and insuring terms and includes a tenants break option in the third year. We understand the tenant has been in occupation for 20+ years, displaying confidence in the location. Done Brothers (Cash Betting) Limited D&B Rating - 5A2 (Low Risk) Turnover (2025) - £867m Pre-Tax Profit (2025) - £92.7m. Tenure: Freehold
Figures come from Savills' 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.