Lot - 36-44 Market Street, & 1a Brogden Street, Ulverston, Cumbria, LA12 7LS

LA12 7LS · SW Property Auctions · North West

£575,000guide price
10.9%gross yield
Commercial10.9% gross yield
Lot - 36-44 Market Street, & 1a Brogden Street, Ulverston, Cumbria, LA12 7LS
Photo: SW Property Auctions catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

9 year lease

Short leases can affect lending, resale value, and extension terms.

medium confidence, Auction listing enrichment

EPC D

No listing-level EPC red flag, subject to official certificate expiry and address match.

medium confidence, Auction listing enrichment

Watch this lot

Get the guide changes and the result by email.

View this lot on SW Property Auctions

Full legal pack, photos and bidding on the auctioneer's site.

View on SW Property Auctions

About this lot

Prime freehold retail investment let to J & J Ormerod plc until 2035. Part sub-let trading as Costa Coffee. Producing £62,500 per annum.

The property comprises a prominent, large retail and showroom area arranged over basement, ground and two upper floors. Part of the property fronting Brogden Street comprises the entrance to the upper floors and basement which is in use as a kitchen, bedroom and bathroom showroom by the tenant. Two self-contained retail units fronting Market Street are also part of the demise and have been sublet trading as Costa Coffee and Working Class Heroes. Location The affluent market town of Ulverston is located to the south of the Lake District National Park approximately 8 miles east of Barrow-in-Furness and 26 miles south-west of Kendal.The property is prominently situated at the junction of Market Street and Brogden Street. Tenancy Schedule Address Floor Sq.M Sq.Ft Tenant Lease Terms Current Rent (£pa) Kitchen House, 1A Brogden Street BasementGroundFirstSecond 228.5475.02301.04216.25 2,4608073,2402,328 Let to J & J Ormerod plc t/a Rossendale Interiors (1) (2) (3) 10 years from 24/2/2025 £62,500 Unit 1, 36/38 Market Street BasementGround 31.49141.31 3391,521 Unit 2, 40/44 Market Street Ground 86.96 936 TOTAL 1,080.61 11,632 £62,500 Planning Local Planning Authority – Westmorland & Furness Council (0300 3733300) www.westmorlandandfurness.gov.uk Note The floor areas have been taken from the VOA website. (1) The tenants accounts for the year ending 29/02/2025 show net assets of £17.14m.…

From the SW Property Auctions listing. Read the full listing and legal pack →

Key facts

CommercialUse class
FreeholdTenure
DEPC
9 yearsLease remaining
11,632 sq ftFloor area
£63K/yrPassing income
10 September 2026Auction date

Recent sold prices nearby

1 registered sale in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

25 NE* MA**** ST****LA12 7LQ£1,150,000

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in LA12

Evidence from 17 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+36%median uplift
£40,500typical value added
4.4 yearstypical hold period

See 17 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 17 registered sale pairs in LA12 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Investment Let

More lots in this area

Need finance for a lot?

We are selecting a bridging partner for auction buyers. Leave your email and we will introduce you the moment it is live.

No obligation. We are not a lender or a broker, and we never pass your details to anyone without asking you first.

New lots like this every Monday, free

Auction Alerts

Weekly digest of new lots and market insights.

Free Checklist

The Auction Buyer's Checklist

Legal pack, finance, guide-price traps. Get the printable PDF and weekly auction alerts. Free.