Overview
Description
Residential Investment Opportunity
• 3 adjoining dwellings in residential area close to the town centre
• Includes two 2-bedroom maisonettes and one 2-bedroom flat
• Communal rear courtyard with storage sheds and summerhouse
• Current gross rental income £22,740 per annum
• Edge of Lake District market town
Location
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, WH Smiths, Morrisons, Aldi and M&S Foodhall. The property is situated in a residential area within walking distance of the town centre.
Description
The terrace property comprises 3 well-appointed dwellings including an apartment on the second floor and two maisonettes each having ground and first floor accommodation, all accessed via a covered passageway which leads to a communal back yard with stone sheds. Each dwelling is self-contained and has double glazing, gas central heating and a fitted kitchen with integral appliances.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By: