Summary

• Investment Property for Sale
  
• End of Terrace Unit
  
• Let to October 2027
  
• £100,000 for the investment (plus VAT)
  
• 1475sq ft/137 sq m

Location

The property is located in the Derwent Howe Industrial Estate, Adams Road Workington, Cumbria CA14 3YS. Adams Road is accessed off Lakes Road which runs to the west of the subject property. Lakes Road joins Derwent Drive/Bessemer Way (a local distributor road) at the new KFC restaurant, which joins the A597, that runs through the main local trade counter estate through to the A595 at Lillyhall. Derwent Howe Industrial Estate is around 2.4 km (1.5 miles) from Workington town centre and 1.7 km (1 Mile) from Workington Railway Station. The subject property is located at the end of Adams Road in a block of similar units.

Description

This industrial investment property is located at the end of a terrace of similar industrial units.  Currently let to a car wash and taxi business until 2027.   A steel portal framed building with concrete floor and brick block walls, and roller shutter access.  Internally the property is largely open plan, with an hydraulic car lift centrally within the unit,  wc facilities and an office to the rear.

The property is connected with mains electric, water and drainage.

The Investment is available to purchase subject to the current lease dated 1 November 2022.  Currently let until 31 October 2027 at a passing rent of £7300 per annum

EPC: D

Contact – Caroline Hayton – caroline.hayton@dmhall.co.uk Suzie Barron  – suzie.barron@dmhall.co.uk