Freehold commercial/residential investment Excellent substantial freehold commercial and residential investment property, currently producing £32,760 per annum from four units. Two commercial lets and two flats. Total potential yield: 7.28%.
Florists
Prominent lock-up retail shop premises, currently a florists, occupying an excellent trading position in the heart of Grange Gross internal floor area: 503 sq.ft (46.7sq.m.).
Chilli red
A busy takeaway with outside on road parking in the heart of Grange. Gross internal floor area: 44 square metres
flat 1
A one double bedroom town centre flat presented in immaculate order throughout. Fully double glazed and gas central heating system. Integrated oven and hob.
Flat 2
A one double bedroom town centre flat presented in immaculate order throughout. Fully double glazed and gas central heating.
Location
The property forms part of an attractive late Victorian/Edwardian terrace of shops in Grange-over-Sands town centre. Nearby traders include a Spar shop, Costa coffee and a range of established local businesses.
The delightful South Cumbrian coastal town of Grange-over-Sands is a thriving and busy town with a strong year round tourist trade. There is a diverse range of shops, cafes, parks, a primary school, golf course, a railway station and a range of leisure amenities. The town is convenient for Kendal, Ulverston, Windermere, the M6 motorway and the Lake District.
Directions
Proceed up the Main Street to the mini-roundabout taking the second exit into the continuation of Main Street. Post Office Chambers can be found on the right, just beyond the Post Office.
Florist shop
Shop floor area:191'10" x 11'9" (58.47m x 3.58m). Measured into window. With display window to High Street, inset mat and tv point. Open Plan to:
Stock Room15' x 12'2" (4.57m x 3.7m). Double glazed window and door to rear, doorway to reception area with under-stairs storage.
Takeaway
Shop/Waiting Area12'6" x 11'1" (3.8m x 3.38m). Measured into window. With display window to High Street, tiled floor, counter area. Door to:
Kitchen14'9" x 11'1" (4.5m x 3.38m). Stainless cooker hood and workbench, 5 burner industrial cooker, 2 stainless sinks and tiled walls. Space for fridges and freezers. Door and window to the rear to outside area with attached wc.
Flat 1
Communal Entrance Staircase leading to -
Entrance Hall13'10" x 3' (4.22m x 0.91m). Radiator and loft access
Lounge13'8" x 11'4" (4.17m x 3.45m). Two upvc double glazed windows to the front, radiator.
Kitchen8' x 7'6" (2.44m x 2.29m). Having a range of modern wall, drawer and base cupboards with worktop over three sides. Single drainer stainless steel sink unit with mixer tap and white subway-style tiled splashbacks. Built-in Lamona under counter electric oven, ceramic hob and stainless extractor hood over. Space for a fridge freezer. Tiled floor.
Bedroom10'9" x 9'7" (3.28m x 2.92m). Measured to widest points. Upvc double glazed window and radiator.
Bathroom9'4" x 5'4" (2.84m x 1.63m). With white three piece suite compromising; w.c., pedestal wash basin and panelled bath with Mira Combi Force shower run from the hot water and glass screen. Half tiled walls and floor, opaque upvc double glazed window, towel radiator and medicine cabinet.
Flat 2
Communal Entrance Staircase leading to -
Entrance Hall
Lounge13'8" x 11'4" (4.17m x 3.45m).
Kitchen9'4" x 13'9" (2.84m x 4.2m). Having a range of light maple effect wall and base cupboards, incorporates single drainer stainless steel sink unit with mixer tap. Space for washing machine. Freestanding Indesit electric oven with ceramic hob.
Bedroom10'9" x 11'5" (3.28m x 3.48m).
Bathroom7'6" x 5'5" (2.29m x 1.65m). With white three piece suite. Compromises w.c., pedestal wash basin and panelled bath with Mira Combi Force shower run from the hot water. Fully tiles walls and floor.
Services
Energy Rating
Flat 1 - C
Flat 2 - C
Florists - D
Chilli Red Takeaway - D
Schedule of tenancies
the flower house
Lease Term - 4 years from 12th April 2021
Rent - £9,540.00 per annum
Chilli takeaway
Lease Term - years from
Rent - £9,720 per annum
Flat 1
Lease Term - 6 months from 15th July 2021
Rent - £575 per calendar month
Flat 2
Lease Term - 6 months from 18nd February 2020
Rent - £550 per calendar month
Leases
Copies of the leases are available for inspection to genuinely interested parties only, following a viewing.
VAT
The price is not subject to VAT
Services
All mains services are available and connected. The two first floor apartments each have gas fired central heating.