Guide Price: £120,000, 27 Market Place, Egremont, Cumbria, 433+54167

Property Details

Location

The property is located in the centre of Egremonet, fronting Market Place and the War Memorial. The A595 Egremont Bypass is within 0.5 miles and provides access to Whitehaven to the north. St Bees also lies 3 miles to the west.

Description

A mixed use town centre property comprising lock-up shop, currently let and producing £3,600 per annum, together with adjoining three bedroom residential accommodation, rear workshop and garage. The residential accommodation was let until recently and would be suitable for continued rental, for either private or holiday letting. The workshop to the rear may have development potential, subject to obtaining the necessary consents.

Accommodation

Ground Floor (Retail Unit):	38.7 Sq M (417 Sq Ft)*
Ground Floor (Store/Workshop):	80.0 Sq M (861 Sq Ft)
Ground Floor (Garage):	24.0 Sq M (258 Sq Ft)
Ground Floor (Residential):	Reception Room, Inner Hallway, Dining Area, Kitchen
First Floor (Residential):	3 Bedrooms, Bathroom

* Floor area taken from VOA website.

Outside

There is a yard area, workshop/store and overgrown garden area to the rear. In addition, there is a garage accessed from St Bridget's Lane.

Approx Site Area

Approximately 0.043 Hectares (0.11 Acres).

Planning

Interested parties should consult direct with the Local Planning Authority: Copeland Borough Council, Development Management, Market Hall, Market Place, Whitehaven, CA28 7JG. Telephone: 01946 598 405 / 01946 598 421 / 01946 598 419. Email: [email protected]

Tenancy

The ground floor shop is let to Egremont Heritage (Memory Lane) and Discovery Centre by way of a 12 month lease from 26 February 2013 at a rent of £3,600 per annum. The tenant is currently holding over.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

General

1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 22ND FEBRUARY AND CLOSES ON WEDNESDAY 23RD FEBRUARY.

3. The ground floor retail unit is entered in the 2017 Rating List as "Shop and Premises" with a Rateable Value of £5,100.

4. The residential accommodation is listed with a Council Tax assessment in Band B.

5. Energy Performance Certificate = E.