For Sale By Auction | 12:00, 24 October 2024 | Lot 18

7, 7A, 9, 9A Wilson Street, Workington, Cumbria CA14 4AZ

*Guide | £135,000 (plus fees)

  • Block of Apartments
  • 5 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Thu 24/10/2024

Auction Time

12:00

Auction Venue

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

Town centre investment property

A freehold, town centre investment property occupying a prime position which comprises 4 self-contained residential units plus a vacant former warehouse/office unit behind which is capable of further development subject to planning consent. All 4 units are let producing an immediate income of £18,996 per annum, a gross yield of 14% at the guide price.

Tenure

See Legal Pack

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Unit 7 - Ground Floor Studio let at £341 per month

Vestibule Living room/bedroom - 18'3 x 11'3 Kitchen - 6'9 x 4'3 Shower room - 7' x 4'6.

Unit 7a - first & second floor maisonette let at £460 per month

Approached via side passage to rear yard area. First Floor - Sitting Room - 13'6 x 11'3 Kitchen - 8'9 x 8' Second Floor - Bedroom - 11'3 x 7'6 Bathroom - 11'9 x 7'9.

Unit 9 - ground floor studio let at £341 per month

Vestibule Living room/bedroom - 14'9 x 13'6 + recess Kitchen - 10' x 4' Shower room - 6'9 x 3'9 ave.

Unit 9a - first & second floor maisonette let at £441 per month

Approached via side passage to rear yard area. First Floor - Sitting Room - 14'3 x 13' Kitchen - 10'6 x 8' Bathroom - 10'9 x 5' Second Floor - Bedroom 1 - 12'9 x 7'3 Bedroom 2 - 13' x 10'9

Vacant rear warehouse/office unit

Energy Efficiency Rating (EPC)

Current Rating C E C E

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

Pearson Legal, Ref: Gary Jones, Tel: 0161 684 6951

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.