Criffel Street, 15
Silloth
About this property:
*** PRIME LOCATION IN SILLOTH ***
*** COMMERCIAL AND RESIDENTIAL USES ***
*** £20,800 pa COMMERCIAL RENTAL INCOME ***
*** PLUS THREE BED OWNER OCCUPIED FLAT ***
LOCATION
The property fronts on to Criffel Street and Esk Street within an area looking onto the town’s popular green and surrounded by various local independent retailers.
Parking is freely available to front and side of the property.
Surrounding occupiers include a wine bar, ice cream shop, hotel and pub, and convenience store. This is a prime location for Silloth.
THE PROPERTY
A substantial end of terrace corner building, arranged over basement, ground, first, second and attic floors. The property is operational for tenanted commercial and owner occupied residential uses at present.
The ground floor is well fitted out as a café/restaurant, currently trading as Mrs Wilsons. The accommodation is modern throughout. The commercial kitchen is fully fitted out with all necessary equipment and extractor hood. A fire escape door from this area leads into a small courtyard at the rear. The basement area is basic storage. The first-floor accommodation has been refurbished. This currently provides further commercial kitchen and function room space suitable for further seating, if required.
The second floor and attic floor comprises an owner occupied residential flat which provides three bedrooms. This accommodation is fitted out to a modern standard, has spacious rooms and boasts excellent views across the Solway and Silloth Green. It could be used as Air BnB or Holiday let accommodation, subject to planning.
ACCOMMODATION / AREAS
Commercial Basement: 035.58 sq m (1,383 sq ft)
Ground Floor: 069.73 sq m (1,751 sq ft)
Landing WC’s
First Floor: 105.59 sq m (1,136 sq ft)
Flat Second &
Third Floor: 120.91 sq m (1,301 sq ft)
Total Area: 376.81 sq m (3,571 sq ft)
TENURE
Basement, Ground Floor and
First Floor Commercial Unit
Term – 5 years wef 27 May 2021
Expiry – 26 May 2026
Rent - £20,800 per annum
Repair – IRI
Rent Deposit: £5,000
SALE PRICE
The property is available FOR SALE as a freehold investment with a sale price of £385,000.
VAT
We are advised that the property is not VAT elected, and therefore VAT is not payable on the sale price.
Terms: Sale Price: £385,000
Size: 0.04 hectares (0.1 acres)
Postcode: CA7 4BT
Ref:BB/7776
