9 Oxford Street, Workington, Cumbria CA14 2AL
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Mixed use investment property
- Prominent location
- Near town centre
- Shop and upper flat both let
- Income £10,400 pa = 15% gross yield
Description
GUIDE PRICE £70,000.
FOR SALE BY PUBLIC AUCTION ON Thursday 30th May 2024 at THE HALSTON HOTEL, CARLISLE. - For bidding registration, please visit auctionhousecumbria.co.uk - 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.
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.
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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
Tenure: See Legal Pack
Administration Fee: £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.
9 Oxford Street, Workington, Cumbria CA14 2AL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Workington Station0.4 miles
- Harrington Station2.2 miles
- Flimby Station3.4 miles
About the agent
Auction House Cumbria, Carlisle
59 Warwick Road, Carlisle, CA1 1EE
Auction House Cumbria is the stand out market leading auctioneer servicing the whole county from Carlisle in the north to Barrow-in-Furness in the south. We hold seven auctions each year at Carlisle Racecourse and another seven at Coronation Hall, Ulverston.
Our team cover the coastal towns of Maryport, Workington and Whitehaven; Kendal, Keswick and Windermere in the National Park, and inland to Penrith, Carlisle and beyond.
We are supp
Notes
Disclaimer - Property reference 202404111214sq_pi6b. 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 Auction House Cumbria, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Cumbria, Carlisle on 01228 937772.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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