89-90 Main Street, Egremont, Cumbria CA22 2DJ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Commercial Investment Property
- Two shop units
- One let at £12,000 per annum
- One with vacant possession
- Immediate gross yield of 20%
Description
GUIDE PRICE £60,000+
FOR SALE BY PUBLIC AUCTION ON THURSDAY 23RD OCTOBER 2025 AT THE HALSTON HOTEL, CARLISLE - For bidding registration, please visit auctionhousecumbria.co.uk - A freehold, commercial investment property comprising two shop units, one previously run as a launderette is offered with vacant possession and the other is let at £12,000 per annum providing an immediate gross yield of 20% at the guide price.
Commercial Investment Property
A freehold, commercial investment property comprising two shop units, one previously run as a launderette is offered with vacant possession and the other is let at £12,000 per annum providing an immediate gross yield of 20% at the guide price.
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No. 89 Main Salon 30' x 9' + 8' x 7'3
Kitchen 10'6 x 7'
Rear Room 14'9 x 8'3
This unit is let to Studio 89 at £1,000 per month
No 90 front Shop area 20' x 12'3
Middle area 20' x 15'9 overall
Rear Room 34' x 14'6 overall
Utility/Kitchen 10'9 x 8'3
WC and Store
Tenure: See Legal Pack
Administration Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1500 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.
89-90 Main Street, Egremont, Cumbria CA22 2DJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Nethertown Station2.4 miles
- St. Bees Station2.6 miles
- Braystones Station3.1 miles
Notes
Disclaimer - Property reference 202509251557sq_htue. 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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