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9 Oxford Street, Workington

Guide Price
£60,000

£37.17 per sq ft

Business rates & charges may apply

Savills, Savills Auctions- Commercial
SIZE AVAILABLE

1,614 sq ft

150 sq m

SECTOR

Commercial property for sale

Key features

  • High Yielding Mixed-Use Investment Opportunity
  • Ground Floor Retail Unit and 2 Bedroom Flat
  • Fully Let to Two Separate Tenants
  • Asset Management Potential
  • Prominent Corner Pitch
  • Investment Let at £9,600 p.a. (16% GIY on Guide Price)

Description

Freehold Residential & Retail Investment. Property comprises a 2 bedroom flat at first and second floors with a retail shop on the ground floor. Flat currently rented on an AST at £4,800 p.a. The ground floor commercial unit is let on a 5 year lease from September 2023 at a current passing rent of £4,800 p.a.

Property currently fully let at £9,600 p.a.

We understand that the property has a potential ERV of £12,600 p.a. purchasers should rely on their own enquiries in this regard.

Brochures

9 Oxford Street, Workington

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Workington Station0.3 miles
  • Harrington Station2.2 miles
  • Flimby Station3.4 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 777E9F78-A6FE-4A3C-9F36-5D455707553A. 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 Savills, Savills Auctions- Commercial. 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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