Shop for saleHigh Street, Wigton, Cumbria
Sold STC £145,000
- Ground Floor Shop
- 2 Vacant Modernised Flats Above, each with:
- Sitting room/living room/kitchen
- 2 Bedrooms
- UPVC double glazing to flats
An excellent opportunity for a mixed retail and residential investment.
The property comprises a ground floor 'lock up' shop unit currently let to 'Mind', the national mental health charity, together with two vacant first and second floor flats above, all offering the potential for a gross income in the region of £15,000 per annum and situated in the heart of this busy North Cumbrian town.
Wigton, with a population of around 6,000, lies between the A595 and A596 trunk roads linking Carlisle, 11 miles to the east, with Cockermouth, Maryport and the more industrial centres of West Cumbria beyond. Both the Lake District National Park and the Solway Coast, now an Area of Outstanding Natural Beauty, all within a few minutes' drive to the south and north respectively.
The town supports an excellent range of day-to-day facilities including general shops and small supermarkets, hotels and public houses, primary and secondary schools, numerous sports clubs, handsome parish church, swimming baths, library, medical centre and both bus and rail services. The M6 and main West Coast Railway Line station are both available at Carlisle.
The shop is currently let at a rent of £550 per calendar month (£6,600 per annum) exclusive of all outgoings. The flats are both vacant but the last assured shorthold tenancy was agreed at £350 per calendar month (£4,200 per annum), again exclusive.
The Shop -
Ground Floor -
Front Shop - 14'8 x 14'8 approx (4.47m x 4.47m appro x) -
Rear Passageway - Having side access and WC leading off.
Rear Storeroom - 12' x 10'9 approx (3.66m x 3.28m appro x) - With stainless steel sink, base cupboard and shelving.
Back Office - 10' x 8' approx (3.05m x 2.44m appro x) -
Basement - Storerooms below the shop, passageway and storeroom.
The Flats - Both units are approached by an external metal staircase leading up from the side yard (separate access from the street) and offer very similar accommodation.
Entrance Hall -
Sitting/Living Room & Kitchen - `20' x 14'10 overall (`20' x 4.52m overall) - With 'pear wood' effect wall and floor units, stainless steel sink, work surfaces, tiled splashbacks, electric oven, hob and extractor, TV point and convector radiators.
Bathroom - With three piece white suite, tiled splashbacks, wall heater and extractor fan.
Office/Box Room - 8'6 x 6'5 (2.59m x 1.96m) - No window.
Double Bedroom 1 - 12'5 x 9' (3.78m x 2.74m) -
Single Bedroom 2 - 10'1 x 7'9 (3.07m x 2.36m) -
Self Contained Side Yard - With arched timber doors leading from the street.
Sale Details -
Services - Mains water, electricity and drainage; mains gas not connected to the block; UPVC sealed unit double glazing and smoke detectors in the flats; telephone line installed.
Please note that none of the services has been tested.
Rates - Description in list:
Shop and Premises
Rateable Value £4,050
Both flats are in Band A
Fixtures And Fittings - Any items in the nature of fixtures and fittings not referred to in these sales particulars are excluded.
Energy Performance Certificates - Full copies of Domestic EPC and Non-Domestic EPC available on request.
Viewing - Strictly by appointment through Hopes Estate Agents, 016973 43641.
Whilst these particulars are prepared with care and are believed to be accurate neither the Selling Agents nor the vendors warrant the accuracy of the information contained herein and intending purchasers will be held to have satisfied themselves that the information given is correct.
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