Station Street, Unit 4
Cockermouth
About this property:
** INVESTMENT FOR SALE **
** NEXT TENANT BREAK - 2038 **
** VAT FREE **
** LET AND INCOME PRODUCING **
** PASSING RENT £14,400 PER ANNUM EXCLUSIVE **
** SALE PRICE: £190,000 **
4 Station Street is a self contained ground floor retail unit, part of a three storey mid terraced building. The unit benefits from a single dedicated parking space to the rear and attractive window display frontages.
The residential flats above to the upper floors have been sold off previously on a long leasehold basis.
The premises are operated as a hot food takeaway. The business run another established takeaway from Main Street, Keswick.
ACCOMMODATION/AREAS
Unit 4 - Memoscan Ltd t/a Mama Mia
Front Sales Area: 74.12 sq m 798 sq ft
Back Sales Area: 65.36 sq m 704 sq ft
Cellar - Storage: 47.74 sq m 514 sq ft
Total: 187.22 sq m 2,016 sq ft
TENURE
Unit 4 is currently let to Memoscan Ltd t/a Mama Mia on a 25 year lease with effect from December 2023 at a rent of £14,400 per annum with rent reviews 5th yearly. Tenant only breaks in December 2038 and 2043.
TERMS
Offers in the region of £190,000 are invited for the sale of the long leasehold interest.
Terms: Investment For Sale: £190,000
Size: 187.22 m² (2015 ft²)
Postcode: CA13 9QW
Ref:BB/6852
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