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£210,000Guide price

Property for sale

9 Station Street, Cockermouth, Cumbria

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0 bedroom
0 bathroom

Property description

Key features:
  • • Part let investment
  • • Vacant shop unit
  • • 2nd floor flat

Main Description
DESCRIPTION
The property is a mid-terraced, three-storey building on ground and two upper floors. Situated fronting a busy thoroughfare a short distance from the town centre, no.9 offers a vacant shop unit on the ground floor with basement storage/ stock room, a tenanted part ground and first floor commercial unit and a second floor flat.

The retail unit is self-contained with a separate street entrance. Adjacent is a door leading into a hall, with ground floor treatment room at the rear used in connection with the first-floor beauty business.

On the second floor is a one-bedroom flat.

LOCATION
The property is situated in the central area of the town of Cockermouth which is busy market town in the north west corner of the English Lake District National Park. It is approximately 24 miles south west of Carlisle and 8 miles east of Workington. Keswick is 13 miles in an easterly direction.

Cockermouth has a traditional town centre providing a broad mix of shopping facilities, including supermarkets, out of town retail and a mixture of local, regional, and national high street retailers.

Cockermouth has an expanding population with significant recent residential development. The town has good educational facilities and an auction market which serves a wide rural community.

The property is situated towards the northern end of Station Street and faces west. The property is close to the town centre of Cockermouth on the end of the prime retailing area with frontage to a busy one-way street. The majority of shops in Station are occupied by small local or regional retailers including
the Cumbrian Co-Op. There is street parking on both sides of Station Street together with municipal parking nearby.

ACCOMMADATION

GROUND FLOOR
Internal width 4.78 m
Internal depth 11.2 m
Gross Internal Area 57 sq.m
Includes WC
Area ITZA 28.31 sq.m
Basement (1.79m height) 20.5 sq.m
Ground Floor Area Let to Indie Beauty 7.55 sq.m

FIRST FLOOR
Let to Indie Beauty
51.95 sq.m include 3 treatment
rooms, laundry area, WC
and shower room
Total Area Let to Indie Beauty 67.5 sq.m

SECOND FLOOR
Residential Flat - includes a landing, bedroom, sitting room, kitchen and
bathroom
Gross Internal Area 56.57 sq.m

SERVICES
Mains water, electric and drainage are connected to the properties. The heating systems are electrically operated.

TERMS
The property is available on a freehold basis to include all those areas described above at £210,000.

RATEABLE VALUE
The retail premises is assessed in the 2017 Rating List at £6,400.
The first floor known as 9a Station Street has a rateable value of £3,500.
The second floor residential flat has been assessed for Council Tax within
Band A.

TENANCIES
The property is currently partially let and income producing as follows.
Ground Floor Retail – vacant. Available at a rent of £10,000 per annum
exclusive.

First Floor let to Julie Tattersall t/a Indie Beauty at a rent of £6,180 per annum
exclusive.

Second Floor - Residential flat will be offered with vacant possession. The
estimated Market Rent is £5,400 per annum exclusive.

VAT
The property has not been registered for VAT.

VIEWING ARRANGEMENTS
Edwin Thompson LLP
26 St John’s Street, Keswick CA12 5AF
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Property Ref:215_2525_4890469

Property information from this agent

  • Full Brochure
    1. Edwin

      Edwin Thompson - Keswick

      28 St Johns Street Keswick, Cumbria CA12 5AF

      Established over 100 years ago, Edwin Thompson is a multi-discipline practice of Chartered Surveyors operating throughout the UK from offices at Carlisle, Keswick, and Windermere in Cumbria, Berwick upon Tweed and Newcastle in the North East and Galashiels in the Scottish Borders.

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