Mixed use investment property

A mixed use, freehold investment property occupying a prominent position facing the Castle, near the City centre and all amenities.. The property comprises a ground floor shop unit which is let at £11,400 per annum and a vacant self-contained first floor flat. At the quoted guide price it is capable of producing a gross yield of 15%+ when fully let.

Tenure

See Legal Pack

What3words location ///drank.gross.blur

Ground Floor Shop

Main Shop area 29'6 wide x 12'3 + 9'6 x 8' Rear area 16' x 11' WC Store 9'9 x 9' Kitchen 9' x 5'

First Floor Flat

Hall Open plan Living Room and Kitchen 18' x 13' + 10' x 8' Bathroom 8'9 x 6'6 Front Bedroom 13' x 12'3 Rear Bedroom 12'6 x 10' Rear Bedroom 13' x 6'9 + recess Utility 5'9 x 5'3

Energy Efficiency Rating (EPC)

Current Rating BC

Services

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

Local Authority

Cumberland Council

Solicitors

BPK Solicitors, Clifford Court, Ref: Duncan Carter, Tel: 01228 888999

Additional Fees

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 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.