House For Sale £150,000
Located to the fringe of the city centre, handy for the University Of Cumbria and a selection of local facilities and amenities, an interesting investment option to acquire the freehold of an occupied ground floor business unit, along with a self-contained 2 bedroom flat to the first floor with a combined potential rental income in excess of £10,000 pa.
<b>Directions</b><br />From the town centre head through Portland Square onto Aglionby Street. Turn right onto Myddleton Street and left onto Broad Street. Number 1 is on the left.<br /><br /><b>Location</b><br />Offered to the market with a commercial tenant in situ to the ground floor, operating a well-established dental laboratory business, circa 65sqm, and a spacious 2 bedroom flat to the first floor, formally let at £395 pcm, 1 Broad Street presents an ideal investment opportunity, with a potential annual yield circa 7%, based on a combined monthly rental income of £850.00.
Found in good order the property has been well maintained and would make a useful addition to a property portfolio.
The properties are metered separately, and each has their own individual gas central heating system.
The flat has a Band A council tax rating, the commercial aspect is covered by business rates with a rateable value of £2,650.00 and falls under the small business rate relief scheme.<br /><br /><b>Services</b><br />Mains gas, electric, water and drains are connected but have not been tested.<br /><br />
Entrance Hall
UPVC door from the front. Enclosed staircase leading to the first floor flat. Connecting doors to the ground floor office and laboratory.
Office (3.96m x 3.23m)
Carpeted with a radiator and corner aspect with UPVC sealed unit double glazing.
Laboratory (4m x 3.94m)
Radiator and UPVC sealed unit double glazing. Built in cupboard housing the boiler for the ground floor domestic hot water and central heating (neither this nor any radiators have been tested). Connecting door to the staff kitchen. Under stairs cupboard.
Staff Kitchen (3.1m x 2.4m)
Range of fitted units with a stainless steel sink. Door to the rear. Connecting doors to the workshop and staff toilet.
Workshop (4.27m x 4.14m)
Radiator and UPVC sealed unit double glazing. Fitted units with stainless steel sink.
Staff Toilet (1.88m x 1.75m)
With a low suite WC, wash hand basin.
First Floor Landing
Return staircase from the entrance hall.
Sitting Room (3.58m x 3.23m)
Carpeted with a radiator and corner aspect with UPVC sealed unit double glazing. Built in cupboard. Connecting hallway to the kitchen and bedroom 1.
Kitchen (2.95m x 2.46m)
With a range of fitted units incorporating a stainless steel one and half bowl sink, plumbed beneath for a washing machine. Freestanding electric cooker. Space for an upright fridge freezer. Wall mounted boiler for the domestic hot water and central heating (neither this nor any radiators have been tested). Connecting to the rear hall leading to the bathroom.
Bathroom (2m x 1.73m)
With a fitted three piece suite comprising low suite WC, wash hand basin and bath. Cushioned flooring with a radiator and UPVC sealed unit double glazing.
Bedroom 1 (4.27m x 3.78m)
Carpeted with a radiator and UPVC sealed unit double glazing. Built in cupboard.
Bedroom 2 (3.96m x 3.6m)
Carpeted with a radiator and UPVC sealed unit double glazing. Pair of built in cupboards.
<b>Directions</b><br />From the town centre head through Portland Square onto Aglionby Street. Turn right onto Myddleton Street and left onto Broad Street. Number 1 is on the left.<br /><br /><b>Location</b><br />Offered to the market with a commercial tenant in situ to the ground floor, operating a well-established dental laboratory business, circa 65sqm, and a spacious 2 bedroom flat to the first floor, formally let at £395 pcm, 1 Broad Street presents an ideal investment opportunity, with a potential annual yield circa 7%, based on a combined monthly rental income of £850.00.
Found in good order the property has been well maintained and would make a useful addition to a property portfolio.
The properties are metered separately, and each has their own individual gas central heating system.
The flat has a Band A council tax rating, the commercial aspect is covered by business rates with a rateable value of £2,650.00 and falls under the small business rate relief scheme.<br /><br /><b>Services</b><br />Mains gas, electric, water and drains are connected but have not been tested.<br /><br />
Entrance Hall
UPVC door from the front. Enclosed staircase leading to the first floor flat. Connecting doors to the ground floor office and laboratory.
Office (3.96m x 3.23m)
Carpeted with a radiator and corner aspect with UPVC sealed unit double glazing.
Laboratory (4m x 3.94m)
Radiator and UPVC sealed unit double glazing. Built in cupboard housing the boiler for the ground floor domestic hot water and central heating (neither this nor any radiators have been tested). Connecting door to the staff kitchen. Under stairs cupboard.
Staff Kitchen (3.1m x 2.4m)
Range of fitted units with a stainless steel sink. Door to the rear. Connecting doors to the workshop and staff toilet.
Workshop (4.27m x 4.14m)
Radiator and UPVC sealed unit double glazing. Fitted units with stainless steel sink.
Staff Toilet (1.88m x 1.75m)
With a low suite WC, wash hand basin.
First Floor Landing
Return staircase from the entrance hall.
Sitting Room (3.58m x 3.23m)
Carpeted with a radiator and corner aspect with UPVC sealed unit double glazing. Built in cupboard. Connecting hallway to the kitchen and bedroom 1.
Kitchen (2.95m x 2.46m)
With a range of fitted units incorporating a stainless steel one and half bowl sink, plumbed beneath for a washing machine. Freestanding electric cooker. Space for an upright fridge freezer. Wall mounted boiler for the domestic hot water and central heating (neither this nor any radiators have been tested). Connecting to the rear hall leading to the bathroom.
Bathroom (2m x 1.73m)
With a fitted three piece suite comprising low suite WC, wash hand basin and bath. Cushioned flooring with a radiator and UPVC sealed unit double glazing.
Bedroom 1 (4.27m x 3.78m)
Carpeted with a radiator and UPVC sealed unit double glazing. Built in cupboard.
Bedroom 2 (3.96m x 3.6m)
Carpeted with a radiator and UPVC sealed unit double glazing. Pair of built in cupboards.
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