Retail premises for sale

Bank Street, 19, 21 & 23, Carlisle CA3

* prominent city centre location ** passing rental income: £25,500 per annum ** no VAT payable ** rare investment opportunity in carlisle *LOCATIONThe property is located on Bank Street, just off English Street, the prime shopping street for Carlisle, which is fully pedestrianised.descriptiona three-storey mid-terraced building. The ground floor is self-contained, with stepped access from the front. Upon entry, the ground floor is a rectangular open-plan sales area with stairs leading to the large basement. The basement comprises a kitchen and WC.Access to the first and second floors is via a staircase to the side of the shop unit. This is totally self-contained and let to a long-established salon operator. Upon entry, stairs lead to the first floor, which comprises an open-plan salon area with a kitchen. A further staircase provides access to the second floor, which offers additional salon and storage rooms. This space is suitable for conversion to residential.ACCOMMODATIONGround FloorNet Internal Area: 49.10 sqm 529 sqftITZA: 41.85 sqm 451 sqftBasement Stores: 41.07 sqm 442 sqftFirst Floor: 45.27 sqm 487 sqftSecond Floor: 47.21 sqm 508 sqftSERVICESWe understand mains water, electricity and drainage are connected to the property.tenancy SCHEDULEGround Floor and Basement Retail Unit – Toys n Tech Ltd - 6 years wef 14 May 2020; expiry 13 May 2026; Rent £19,000 pax; iri lease.The Tenant is vacating at lease expiry. This unit is currently also on the market on a to let basis.First and Second Floors – Craft Hair & Beauty6 years wef 12 May 2020; expiry 11 May 2026; Rent £6,500 pax; iri lease.sale PRICEOffers in the region of £260,000 are invited for the sale of the freehold investment.COSTSBoth parties will bear their own legal and professional costs in respect of any transaction.VATNo VAT is payable on the sale price.