Call the team on 01228 510 552 for more information
Mixed use investment property - potential 20% gross yield
A freehold shop and self contained first floor flat in a good central position. The flat is let on an Assured Shorthold Tenancy at £310 a month giving an immediate income of £3,720 pa. The shop is currently vacant but was last let at £550 per month to a health clinic. It is suitable for a variety of uses subject to the usual planning requirements. Capable of producing over £10,000 pa when fully let giving a supberb gross yield of 20% at the guide price.
Tenure
See Legal Pack
Ground Floor
Shop - 19' depth x 10'9 frontage and 8' rear width; rear hall with WC & basin, access to rear yard and 2 Treatment Rooms - 13'6 x 8'3 & 13'6 x 8'6
First Floor self contained Flat
Front Sitting Room - 14'6 x 11' with storage heater; Kitchen - 8' x 8' with range of units, oven and hob; Bedroom - 8'3 x 7' with storage heater; Shower Room with basin and WC.
Viewing
Please telephone 01900 602777.
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Allerdale Borough Council
Solicitors
Arnison Heelis, 1 St Andrews Place, Penrith, CA11 7AW, Ref: Chris Ryder, Tel: 01768 862007
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 - Purchasers will be required to pay an administration fee of £720 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.