*Guide | £60,000 (plus fees)
- Commercial Property
- Tenure: Freehold
Call the team on 01228 510 552 for more information
Commercial investment property
A freehold, commercial investment property opposite Dixons chimney which is let at £9,300 pa giving a yield of 15.5% at the guide price. The property has recently been refitted and is let on a new 5 year lease from July 2026 - see the legal pack. It is occupied by Essen catering business with coffee shop. Please note we have not inspected this property but from the Valuation Office information it extends overall to approx 65 metres square with retail space on the ground floor and storage above. There is a flying freehold over part.
Tenure
Freehold
What3words location ///using.ruins.shut
Energy Efficiency Rating (EPC)
Current Rating C
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
Burnetts Solicitors, Ref: Codie Slessor, Tel: 01228 552222
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.
