The Eden Centre 2 Retail Properties in Carlisle

Lot 109 is available by way of Savills Online auction 20th May 2026
https://auctions.savills.co.uk/auctions/20-may-2026-223/the-eden-centre-market-hall--40-scotch-street-carlisle-ca3-8qz-20822
The Eden Centre represents a rare opportunity to acquire a Grade II listed city centre shopping complex, prominently positioned in Carlisle’s prime retail core. The property combines a covered Victorian market hall, two large anchor store units, and ancillary retail spaces arranged over approximately 85,110 sq ft. Recently refurbished, the scheme delivers an attractive blend of historic character and modern amenities, benefiting from strong pedestrian flows and multiple access points via Scotch Street and West Tower Street.
Fully let to a mix of national and regional occupiers including B&M and TK Maxx, the asset generates total rents of £394,500 per annum against a guide price of £2,750,000, reflecting an initial gross yield of approximately 14.3%. The leasehold interest offers approximately 66 years unexpired with structured renewal options and security of income underpinned by established tenant covenants.
The location benefits from excellent connectivity, with Carlisle railway station within easy walking distance, direct access to the M6 motorway, and comprehensive local bus networks. Surrounded by well-known retailers and leisure operators, the property occupies a high-footfall environment that serves both a stable population base and substantial visitor trade throughout the year. This investment offers compelling prospects for income stability and long-term asset growth in one of Cumbria’s premier retail markets.