Summary

• Prime Location
  
• Ground floor and basement retail areas
  
• Current Rental Income £12,000
  
• £150,000 For the Investment

Location

The property occupies a prime trading position on Main Street, set amidst other local and national retailers to include Spar Convenience Store, Barclays Bank and Platos Wine Bar.   Kirkby Lonsdale is a Cumbrian market town situated on the banks of the River Lune. Being located between the Lake District and Yorkshire Dales National Parks, the town is a popular tourist destination as well as being thought of as a desirable residential area with excellent schools, local facilities and communication links.

Description

A rare opportunity to acquire an investment property in the ever popular market town of Kirkby Lonsdale.   The property is Grade II Listed. The property 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 leaseholder do contribute towards the cost of building repairs.

The property is available to purchase freehold at an asking price of £150,000, subject to the existing occupational lease and two long leasehold interests.