Call the team on 01228 510 552 for more information
Investment opportunity
Town centre investment opportunity including freehold. SEVEN tenanted flats producing an income of £31,620 per annum, all in good condition with established tenants. Located in the popular market town of Penrith with cafes, pubs, restaurants, shops and all local services. Easy access to the Lake District National Park, M6 motorway and all transport links.
Tenure
See Legal Pack
20a King Street tenanted at £4,800pa
One bedroom, approx 480 sq ft
21a King Street - tenanted at £4,620pa
One bedroom, approx 419 sq ft
21b King Street - tenanted at £4,680pa
One bedroom, approx 484 sq ft
21c King Street - tenanted at £3,900pa
One bedroom, approx 270 sq ft
Flat 1, 21 King Street - tenanted at 4,800pa
One bedroom, approx 538 sq ft
Flat 2, 21 King Street - tenanted at 4,200pa
Bedsit, approx 346 sq ft
Flat 3, 21 King Street - tenanted at 4,620
One bedroom, approx 431 sq ft
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Westmorland and Furness Council
Solicitors
Arnison Heelis Solicitors, Ref: Chris Ryder, Tel: 01768 862007
Offered in association with
Lakes Estates
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 - 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.