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A Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit with First and Second Floor Ancillary Accommodation Fully Let Producing £6,000 Per Annum. Potential to Convert the Upper Floors to Residential (Subject to Obtaining all Relevant Consents).
The property comprises a mid terrace building arranged to provide a ground floor retail unit with first and second floor ancillary accommodation.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Barrow Park are within easy reach. Transport links are provided by Barrow rail station.
Accommodation
Ground Floor Retail Unit GIA Approximately 37 sq m First Floor Ancillary Accommodation GIA Approximately 32 sq m Second Floor Ancillary Accommodation GIA Approximately 25 sq m
Tenancy
The property is subject to an FRI lease for a term of 5 years commencing 22nd October 2022 at a rent of £6,000 per annum.
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.