Town centre investment property consisting of 4 Flats and freehold of the whole property

Town centre investment property consisting of 4 flats and the freehold of the whole property, 3 flats are currently let and 1 vacant, fully let the total annual income would be circa £23,000. Flats A, B & C all have two bedrooms and Flat E has one bedroom. This historic area of Highgate in Kendal offers easy access to the town centre. (approx 200 yards). Within 2 minutes walk are both Peppercorn Lane and Dowker Lane Council Car Parks (both can be used on annual SLDC car parking passes). Dowkers Lane Park to the rear. Nearby are many independant shops, offices, art galleries, vets, dentists, doctors, and the Brewery Arts Centre. Bars, cafes and restaurants are also close by.

Tenure

See Legal Pack

AMENDMENT

This lot now also includes the sale of the freeholds of 101-103 & 105 Highgate. The sale is subject to all occupation leases in existence at the date of the contract. The premises comprising the ground floor of 105 Highgate (currently a hairdressers) will be subject to a sale and leaseback to the vendors on a 999 year lease.

Viewing

To view please call 01539 733383

Energy Efficiency Rating (EPC)

Current Rating D

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

Arnold Greenwood, 8 & 10 Highgate, Kendal, LA9 4SX, Ref: Mr Lee Hughes, Tel: 01539 720049

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £720 inc VAT

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