Substantial town centre investment property

A substantial, stone built, investment property occupying a prominent position on the corner of Lorton Street and Station Road in the town centre near Sainsburys and all amenities. The property comprises 5 furnished residential units (4 of which are let producing an immediate income of £14,940 pa) plus a two storey retail unit with vacant possession suitable for a variety of uses subject to planning.

Tenure

See Legal Pack

Flat 1 - let at £275 per calendar month

Ground Floor Bedsitting Room - 17'9 x 15'9 overall including kitchen area; Shower Room with basin and WC.

Flat 2 - let at £290 per calendar month

Ground Floor Bedsitting Room - 16'3 x 12'6 ; Kitchen - 10'3 x 7'6 ; Shower Room 6'6 x 5' with basin and WC.

Flat 3 - let at £380 per calendar month

First Floor Hall; Sitting Room - 15'9 x 10'6; Kitchen - 9'9 x 6'9; Bedroom - 13'9 x 8'9 + recess; Shower Room with basin and WC.

Flat 4 - let at £300 per calendar month

Second Floor Bedsitting Room - 16' x 10'3; Inner Hall; Kitchen - 7'9 x 6'6; Shower Room with basin and WC.

Flat 5 - vacant - to let at £300 per calendar month

Second Floor Bedsitting Room - 12'9 x 11'6 with walk in Store; Kitchen - 6'9 x 5'; Shower Room with basin and WC.

Retail Unit with vacant possession

Ground Floor - approx 25'9 x 22'9 with return frontage; First Floor - approx 25'9 x 22'9.

Viewing

Please telephone 01228 510552

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

Additional Fees

Administration Charge - £900 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.