For Sale By Auction | 12:00, 30 May 2024

9 Oxford Street, Workington, Cumbria CA14 2AL

*Guide | £70,000 (plus fees)

  • Mixed Use
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Thu 30/05/2024

Auction Time

12:00

Auction Venue

The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Mixed use investment property - 15% gross yield

A mixed use investment property producing an income of £10,400 per annum, a gross yield of 15% at the guide price. It occupies a prominent position in the town and comprises a ground floor shop unit and upper floor flat.

Tenure

See Legal Pack

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Ground Floor

Shop - 33'6 x 9'9 Rear Store - 10' x 8'6 WC Store - 8'6 x 6'

First Floor

Front Sitting Room - 17'6 x 14'3 Kitchen - 15'3 x 8'3 Bathroom - 14'9 x 8'6

Second Floor

Front Bedroom - 14'3 x 10'6 + recess Rear Bedroom - 15'6 x 8'3

Outside

Rear yard

Tenancies - see legal pack

Shop let at £100 per week = £5,200 per annum Upper Flat let at £100 per week = £5,200 per annum

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.