Property photos
£265,000
(£25.15/sq. ft)
Retail premises for sale
Main Street, 1A, Egremont CA2210,538 sq. ft
Local area information
Property location
Nearby amenities
- West Lakes Academy 0 miles
- St Bridget's Catholic Primary School 0.2 miles
- Nethertown 2.4 miles
- St Bees 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
** residential and commercial uses *** located close to proposed new aldi supermarket ** opportunity for investment / owner occupation ** current gross rental income £26,000 per annum *DESCRIPTION1a Main Street is a three storey mid terraced building and has been owner operated by kf Kitchens as a showroom and workshop premises with residential above.Disc zone parking is available to the front.Internally the ground floor comprises an open plan sales area with office to the rear. There is a detached rectangular shaped workshop with parking space and self contained access to the four let and income producing residential bedsits inclusive of their own WCs and kitchens, arranged over the two upper floors. The commercial parts are suitable for further owner occupation or being let off as present, the four residential bedsits are let individually and generate a rental income of £26,000 per annum. The rental income on the building could be increased, subject to letting out the rear workshop and showroom.ACCOMMODATIONGround Floor: 60.07 sq m (647 sq ft)Workshop: 37.83 sq m (407 sq ft)First Floor: 3 Bedsits (not measured due to occupation)Second Floor: 1 Bedsits (not measured due to occupation)SERVICESWe understand mains water, electricity (3-phase) and drainage are connected. There are individual meters for each flat, shop and workshop.sale price£265,000 for the freehold investment.VATWe are advised that the property is not VAT elected, and therefore VAT is not payable on the sale price.
More information
Listed by
Carigiet Cowen Chartered Surveyors
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