Summary

• Prime Location
  
• Ground floor and basement retail areas
  
• Current Rental Income £12,000
  
• £159,950 For the Investment

Location

The property occupies a prime trading position on Main Street, nestling amidst other local individual shops, selling Jewellery, Homewares, Food and Restaurant outlets and also high end public houses. Kirkby Lonsdale is a traditional Cumbria Market town and is a very popular tourist destination located between the popular Lake District and Yorkshire Dales National Parks. Kirkby Lonsdale is also a highly desirable residential location with excellent communication links.

Description

This is a rare opportunity to acquire an investment property in this popular market town. The property is Grade II Listed and comprises ground floor retail premises with WC and kitchenette facilities at the rear and basement retail area accessible via stairs leading down from the front of the shop. The shop sits behind an attractive full width glazed frontage with recessed access door. The freehold on the sale includes includes two long leasehold to the upper floors. Please note, the flats do not pay a regular rent, other than annual ground rent, if demanded.

*The leaseholders do cover all the costs of the building repairs, maintenance and annual service costs.*

The leases do allow the purchaser to put the property under a management company.

Offers in the region of £159,950

Contact:  Caroline Hayton – caroline.hayton@dmhall.co.uk

Suzie Barron suzie.barron@dmhall.co.uk