Netherby Street, Longtown, Carlisle, CA6
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- Commercial property
- Investment opportunity
- Mixed use ground floor premises
- New 5 year lease
- Just off the main thoroughfare
- 10% return with rental income of £15,000 per annum
Description
An investment opportunity to purchase a commercial property that provides a return of 10% with rental income of £15,000 per annum. The mixed use, ground floor premises, presently being utilised as a hairdressing salon and offices are available with the benefit of a new five year lease with no break clauses.
LEASE The present occupier will offer a new five year lease, no break clause. Rental £15,000 per annum. Alternatively, the price can be reduced with rent reducing to give a yield of 9%.
LOCATION The premises are in Netherby Street, adjacent to a Spar “8 to Late” just off the main thoroughfare of Longtown some 10 miles north of Carlisle with a wealth of local businesses.
NOTE These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property. All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.
Brochures
Brochure 1Netherby Street, Longtown, Carlisle, CA6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gretna Green Station3.7 miles
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Notes
Disclaimer - Property reference 26967110. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cumbrian Properties, Carlisle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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