Property for sale
Property description & features
- Tenure: Leasehold
- Commercial property
- Investment opportunity
- Mixed use ground floor premises
- New 5 year lease
- Just off the main thoroughfare
- 10% return with rental income of £15,000 per annum
An investment opportunity to purchase a commercial property that provides a return of 10% with rental income of £15,000 per annum. The mixed use, ground floor premises, presently being utilised as a hairdressing salon and offices are available with the benefit of a new five year lease with no break clauses.
LEASE The present occupier will offer a new five year lease, no break clause. Rental £15,000 per annum. Alternatively, the price can be reduced with rent reducing to give a yield of 9%.
LOCATION The premises are in Netherby Street, adjacent to a Spar “8 to Late” just off the main thoroughfare of Longtown some 10 miles north of Carlisle with a wealth of local businesses.
NOTE These particulars, whilst believed to be accurate, are set out for guidance only and do not constitute any part of an offer or contract - intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in the employment of Cumbrian Properties has the authority to make or give any representation or warranty in relation to the property. All electrical appliances mentioned in these details have not been tested and therefore cannot be guaranteed to be in working order.
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Property reference 26967110. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cumbrian Properties - Carlisle.
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Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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