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Investment property - Current income £19,000 Per Annum
A freehold, investment property situated in the town centre. The property comprises a vacant former butchers shop on the ground floor, 3 flats and 3 bedsits on the upper floors. Five units are currently tenanted, producing a gross income in excess of £19,000 per annum.
Tenure
See Legal Pack
Ground Floor Shop
Vacant former butchers SHOP 14'6 frontage x 16'6 depth, has been boarded up and unused for some time
Ground Floor Bedsits
Bedsit 19'9 x 11' with Shower room Rear Bedsit - we have not had access to this
First Floor
Front Flat - Living Room/Kitchen 17'3 x 16', Bedroom 13' x 11'6, Shower Room Rear Bedsit - we have not had access to this
Second Floor
Front Flat - Kitchen area, Sitting Room 14'6 x 10', Front Bedroom 12'6 x 7', Rear Bedroom 13' x 8'9 with en-suite Bathroom
Top Flat
Sitting room/Kitchen 16' x 16' overall, Bedroom 11'6 x 10'6 overall, Bathroom
Energy Efficiency Rating (EPC)
Current Rating D
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
Wragg Mark Bell, Ref: Laura Urquhart
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.