COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 30 May 2024

9 Oxford Street, Workington, Cumbria CA14 2AL

*Guide | £70,000 (plus fees)

  • Mixed Use
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01228 510 552 for more information

Auction Date

Thu 30/05/2024

Auction Time

12:00

Auction Venue

The Halston Hotel, 20-34 Warwick Road • CA1 1AB

Mixed use investment property - 15% gross yield

A mixed use investment property producing an income of £10,400 per annum, a gross yield of 15% at the guide price. It occupies a prominent position in the town and comprises a ground floor shop unit and upper floor flat.

Tenure

See Legal Pack

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Ground Floor

Shop - 33'6 x 9'9 Rear Store - 10' x 8'6 WC Store - 8'6 x 6'

First Floor

Front Sitting Room - 17'6 x 14'3 Kitchen - 15'3 x 8'3 Bathroom - 14'9 x 8'6

Second Floor

Front Bedroom - 14'3 x 10'6 + recess Rear Bedroom - 15'6 x 8'3

Outside

Rear yard

Tenancies - see legal pack

Shop let at £100 per week = £5,200 per annum Upper Flat let at £100 per week = £5,200 per annum

Services

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

Additional Fees

Administration Charge - £1200 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.