Offers in region of
£275,000
(£207.08/sq. ft)
Leisure/hospitality for saleInvestment - 26A/26B New Market Street, Ulverston, Cumbria LA12
1,328 sq. ft
Freehold
About this property
Freehold investment
Prime location in town centre
999 year lease to be granted for the ground floor
The property is brick and stone construction with timber casement windows, beneath a pitched slate covered roof. At ground floor level is a Cumberland Building Society trading branch. Above are two residential flats access to which is gained from the rear of the property via a separate designated entrance. Both flats include: A large open plan living room with a kitchen area, a good-sized double bedroom, and a bathroom with a built in airing cupboard.
Location
Ulverston is an attractive market town situated in South West Cumbria. It lies a few miles south of the Lake District National Park and has a population of approximately 12,000 although it draws upon a much wider catchment.
Ulverston lies approximately 8 miles from Barrow-in-Furness, 20 miles from Windermere, and 26 miles from Kendal, and access to the M6 motorway at junction 36. The town has the benefit of a railway station on the Furness line linking it to Lancaster and the west coast main line beyond.
The property is positioned to the west side of New Market Street, one of the town's principal retail pitches, situated within a mid-terraced location close to Poole Townsend Estate Agents, Bargain Brands and Ulverston Markets.
Accommodation
This property has been measured on a Gross Internal Area basis and extends to the following approximate areas:
Terms
Offers in the region of £275,000 are invited for the freehold interest. At completion, the current owners, the Cumberland Building Society, will enter into a new 999-year lease at a peppercorn rent relating to the ground floor of the property. Other details on the proposed ground floor lease are available from the agents.
Services
The property is connected to mains electricity and water. Heating is by way of electric storage heaters. Services have not been tested and interested parties should rely on their own investigations to confirm suitability.
Business Rates
The Council Tax banding for each flat is band A
EPC
The property benefits from EPC Ratings as follows
Flat 26a e-54.
Flat 26b d-68.
Ground Floor commercial unit, new EPC being commissioned.
VAT
We understand VAT is not payable on the purchase price.
Location
Ulverston is an attractive market town situated in South West Cumbria. It lies a few miles south of the Lake District National Park and has a population of approximately 12,000 although it draws upon a much wider catchment.
Ulverston lies approximately 8 miles from Barrow-in-Furness, 20 miles from Windermere, and 26 miles from Kendal, and access to the M6 motorway at junction 36. The town has the benefit of a railway station on the Furness line linking it to Lancaster and the west coast main line beyond.
The property is positioned to the west side of New Market Street, one of the town's principal retail pitches, situated within a mid-terraced location close to Poole Townsend Estate Agents, Bargain Brands and Ulverston Markets.
Accommodation
This property has been measured on a Gross Internal Area basis and extends to the following approximate areas:
Terms
Offers in the region of £275,000 are invited for the freehold interest. At completion, the current owners, the Cumberland Building Society, will enter into a new 999-year lease at a peppercorn rent relating to the ground floor of the property. Other details on the proposed ground floor lease are available from the agents.
Services
The property is connected to mains electricity and water. Heating is by way of electric storage heaters. Services have not been tested and interested parties should rely on their own investigations to confirm suitability.
Business Rates
The Council Tax banding for each flat is band A
EPC
The property benefits from EPC Ratings as follows
Flat 26a e-54.
Flat 26b d-68.
Ground Floor commercial unit, new EPC being commissioned.
VAT
We understand VAT is not payable on the purchase price.
Mortgage calculator
Monthly repayment
£1,375 per month
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