Investment and Development Opportunity

Imposing town centre Grade II listed building comprising of a vacant banking hall, basement and ancillery rooms offering development potential subject to the necessary planning approvals for either residential or commercial use. Exclusive generous sized apartments to the first and second floor including allocated parking spaces. Currently tenanted to long standing tenants producing an income of circa £30,000 pa. The land adjacent is also being offered in the auction with a Guide Price of £150,000+. The lots will be offered as individual lots and then as a combined lot.

Tenure

See Legal Pack

Banking Hall

Circa 1400 sq ft with stunning original features, cellar and ancillary rooms. Suitable for a variety of uses subject to the necessary consents.

2a Queen Street - Tenanted at £1400 pcm

Hall Lounge/Dining Room Kitchen 3 bedrooms Ensuite Bathroom

2b Queen Street - Tenanted at £1100 pcm

Hall Lounge/Dining Room Kitchen 3 bedrooms Ensuite Bathroom

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

South Lakeland District Council

Solicitors

Progression Solicitors, 11 Queen Street, Ref: Anthony Smith, Tel: 01229 580956

Additional Fees

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.