Currenlty listing 1,341 upcoming property auctions in the UK
Long Let Asda Superstore Investment
Address
See address
Auction date
11 Jun 2026
Guide price
£4,250,000
Type
Commercial
Tenure
Leasehold
EPC Rating
Unknown
Status
Ended
Description
This substantial single-storeyAsda Superstoreinvestment is strategically located in the busy St Nicholas Gate Retail Park. With a total area of3,326.59 sq.m.(35,807 sq.ft.), the property is currently let to ASDA Stores Ltd until May 2038 with no breaks, ensuring a secure stabilization of income over the long term.
- Long lease with 25 years term from 2013
- Rent of £771,722 p.a. with fixed rental increases scheduled to £894,657 in 2028 and £1,037,175 in 2033
- Other occupiers in the retail park: Iceland, Tradepoint, The Gym Group, Jollyes, Halfords, Burger King
- Public transport accessible with Carlisle Railway Station nearby
This property represents a compelling opportunity for both investors looking for stability in the retail sector and those seeking properties with growth potential due to the strategic location and increasing rental incomes.
Last update: 24 May 2026
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