5 bed Flat For Sale £117,500
Main Street, Egremont CA22
previous price £120,000

Fantastic investment opportunity. First choice move is delighted to offer for sale this freehold property, consisting of a commercial premises with a long term tenant in situ and two well presented fully furnished flats. With the rental of the commercial premises at £360pcm and the potential rental income of around £400pcm for each of the flats, that offers a yield of 11%. The property is located in the popular town of Egremont, which offers a range of shops and amenities, and offers great transport links to the surrounding towns, villages and is about 15 minutes to Sellafield.
The property briefly comprises, the commercial unit, with front waiting area, kitchen area, large storage room, and staff toilets. The ground floor commercial unit is rented on a long term agreement. On the first floor is a well presented flat, briefly comprising, entrance hall, two double bedrooms, kitchen, bathroom and lounge. To the second floor is a larger three bedroom flat, briefly comprising, entrance hall, three bedrooms, lounge, kitchen and bathroom. Both flats are tastefully decorated and come with modern furnishings and white goods included. Viewing is recommended to appreciate the opportunity on offer.

Commercial Unit

This commercial unit is currently rented out as a take-away premises, which consists of a front seating and waiting area, food service counter, rear kitchen area, large storage area with access to the front street, office area which leads to toilet and wash room area and fire exit to the rear yard.

First Floor Flat

Well presented two bedroom first floor flat, sold fully furnished with white goods included.
Entered through the rear of the property. Communal stair case.

Entrance Hall

Spacious hallway with single panel radiator laminate flooring, neutral décor, provides access to lounge, bathroom WC kitchen and two bedrooms.

Bedroom One (12' 7'' x 8' 8'' (3.83m x 2.64m))

Good size double bedroom with uPVC double glazed window, double panel radiator and large walk-in storage cupboard.

Bedroom Two (8' 6'' x 8' 7'' (2.59m x 2.61m))

Double bedroom with single panel radiator, and uPVC double glazed window.

Lounge (12' 1'' x 12' 8'' (3.68m x 3.86m))

Good size lounge with uPVC double glazed window double panel radiator, TV point and laminate flooring.

Kitchen (9' 8'' x 7' 6'' (2.94m x 2.28m))

Good size kitchen with space for a table. Range of base units with complementary worktops, stainless steel sink and drainer with mixer tap. Freestanding electric oven and freestanding fridge freezer. Double paneled radiator, uPVC double glazed window.

Bathroom (7' 5'' x 5' 5'' (2.26m x 1.65m))

Modern bathroom suite comprising white pedestal sink, bath, and WC. Single panel radiator, double glazed frosted window.

Second Floor Flat

Well presented three bedroom flat, sold fully furnished with white goods included.

Entrance Hall

Spacious hallway with neutral décor, single panel radiator and laminate flooring. Provides access to three bedrooms, lounge, kitchen, and bathroom.

Bedroom One (9' 5'' x 7' 1'' (2.87m x 2.16m))

Good-sized single bedroom with, single panel radiator, uPVC double glazed window and double paneled radiator.

Bedroom Two (13' 3'' x 12' 8'' (4.04m x 3.86m))

Spacious double bedroom with uPVC double glazed window, double panel radiator and laminate flooring.

Bedroom Three (10' 2'' x 9' 4'' (3.10m x 2.84m))

Double bedroom with low level uPVC double glazed window, single panel radiator and laminate flooring.

Lounge (13' 2'' x 11' 3'' (4.01m x 3.43m))

Good size lounge with modern furniture, decorative fireplace with white surround and wooden mantle with freestanding electric fire. Double panel radiator, and uPVC double glazed window.

Kitchen (13' 0'' x 6' 6'' (3.96m x 1.98m))

Kitchen with a range of wall and base units with complementary worktops and breakfast bar. Stainless steel sink and drainer with mixer tap, tiled splashbacks; white goods and furnishings are included in the sale. UPVC double glazed window and double panel radiator.

Bathroom (9' 1'' x 4' 9'' (2.77m x 1.45m))

Modern bathroom suite briefly comprising, pedestal sink, WC, bath with glass shower screen. Modern PVC paneling to the walls. Double glazed uPVC window and single panel radiator.

Tenure:

We have been informed by the vendor the property is freehold

Low Fees, Local Expertise

We are pleased to offer a family run, independent estate agent service in Cumbria, offering sale and rental services without the premium charges of high street estate agents. We have a range of low fee options and could save you thousands in estate agency fees. Launched in 2011 First Choice Move has grown rapidly, largely due to recommendations and referrals from our many happy customers. Not only could we save you a fortune our customers love our extended open hours, 7PM during the week and 5PM on Saturdays. We offer free valuations, provide great photography and a friendly team which is there to support and guide you from the initial marketing to completion of the sale of your property.

Mortgages

Need help finding the right mortgage for your needs? First Choice Move Mortgage Services are part of the Mortgage Advice Bureau network, one of the uk's largest award winning mortgage brokers. We can search from a selection of over 90 different lenders with over 12,000 different mortgages, including exclusive deals only available through us, to find the right deal for you. Our advice will be specifically tailored to your needs and circumstances which could be for a first time buyer, home-mover or for remortgaging or investing in property.
Contact us on to arrange a free consultation with one of our experienced and dedicated in house mortgage and protection advisers.
You may have to pay an early repayment charge to your existing lender if you remortgage
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Note

Please note that all measurements have been taken using a laser tape measure which may be subject to a small margin of error. Some photos may have been taken with a wide angle camera lens. First Choice Move has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their solicitor or surveyor. References to the tenure of a property are based on information supplied by the Seller. The Agent has not had sight of the title documents.