Mixed use property - ground floor shop let to established hairdresser at £5,880 pa & vacant first floor flat

An end of terrace investment property prominently situated on the main street with the ground floor let to an established hairdresser at £5,880 pa and a vacant first floor flat. The property is capable of producing an excellent income with a gross yield in excess of 12% at the guide price.

Tenure

See Legal Pack

The Hairdressers Shop

Main Salon - 25' x 12'6 with front and side windows; Kitchen area - 7'9 x 7'3 with gas boiler (not tested) for whole building; WC and basin. The tenant has an established business which has been there about 10 years and the current rent is £490 per month including gas.

The Flat

Self contained with separate access at the rear of the building into:- Hall with stairs to:- First Floor Landing; Kitchen - 9'3 x 7'3 with sink, units and breakfast bar; Shower Room - 9'3 x 3'3 with shower, basin and WC; Bedroom - 11' x 9'3 with velux rooflight; Front Sitting Room - 13'9 x 13' with front and side windows.

Viewing

Please telephone 01946 591200

Energy Efficiency Rating (EPC)

Current Rating E

Services

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

Local Authority

Copeland Borough Council

Solicitors

Milburns Solicitors, 25-26 Church Street, Whitehaven, CA28 7EB, Ref: Julie-Anne Miller, Tel: 01946 694818

Additional Fees

Administration Charge - £720 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.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.