*Guide | £200,000 (plus fees)
- Commercial Property
- 1 Bedroom
- Tenure: See Legal Pack
Call the team on 01228 510 552 for more information
Commercial investment property comprising 4 units
A substantial block of commercial investment property situated close to the City centre. It comprises 3 shop units and an Airbnb unit. The 3 shops are let and produce an income of £30,400 pa giving a gross yield of 15% excluding the Airbnb income.
Tenure
See Legal Pack
No. 26 - Airbnb unit
Living Room / Kitchen Bedroom En-suite Shower Room with WC
No. 28 - let at £10,000 pa
Reception 18' x 9'3 Office 18' x 8'3 Rear Office 17'3 x 9'6 Rear Office 12'3 x 12'3 Store WC
No. 30 - let at £8,400 pa
Shop 19'3 x 16'6 frontage Rear Room 13' x 7' WC
No. 32 let at £12,000 pa
Salon 19'6 x 15'6 frontage Kitchen 8'3 x 7'9 WC
Long leasehold tenure
99 years from 2007
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: Jess Quigley, Tel: 01228 552264
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.
