Excellent detached substantial freehold and residentail investment property, currently producing in excess of £47,000 per annum from the retail unit and the 5 bedroom holiday let above which could be used as a residential home. Parking to the front and rear. Potential Gross Yield is 10.2%. EPC: D
This is a wonderful detached period property which has been divided to give two successful rental and holiday let with good annual income.
Church View is a bright and spacious five bedroom first and second floor maisonette presented in very good order. Currently used as a holiday let (one of Sykes most visited), the property will be sold furnished. There is a seating area to the rear with outside table and chairs and parking for several vehicles
Burton House is leased out on a 15 year lease and briefly comprises of a large shop floor, kitchen, wc and full basement storage area. There is also Parking for customers to the front of the building.
The property is an attractive late Victorian/Edwardian substantial stone detached commercial/residential dwelling on Kents Bank Road in Grange-over-Sands town centre. Nearby traders include a Co-op grocery store and a Tesco Express as well as a range of established local businesses.
The delightful South Cumbrian coastal town of Grange-over-Sands is a thriving and busy town with a strong year round tourist trade. There is a diverse range of shops, cafes, parks, a primary school, golf course, a railway station and a range of leisure amenities. The town is convenient for Kendal, Ulverston, Windermere, the M6 motorway and the Lake District.
From our Grange Office continue up the Main Street to the mini roundabout taking the second exit into the continuation of Main Street. At the crossroads turn left into Kents Bank Road. Burton House & Church View can be found on the left hand side, access to the Retail shop 'Bargain Booze' is accessed to the front & access to Church View is to the rear.
Burton House - Commercial Let
Retail Shop Floor Railed sloping paved ramp to the entrance door. The shop is well illuminated and of a good size.
Kitchen Sink and base units.
Rear Access & WC Access to the rear of the building, WC and wash hand basin. Access to the Basement.
Basement This is a full size basement with lighting.
Church view - Maisonette - Holiday Let or Residential
Entrance Hall: Private entrance hall and staircase leads to the first floor accommodation.
Landing: Open-spindled gallery landing with window spanning two floors. Single panelled central heating radiator. Telephone point.
Lounge:14'2" x 14' (4.32m x 4.27m). A spacious living room with pine fire surround and feature wood burning stove, TV aerial point. Double panelled central heating radiator. Two settees
Dining Kitchen13' x 14' (3.96m x 4.27m). Having a range of wall and base cupboards incorporating 1.5 bowl single drainer stainless steel sink unit with mixer tap in a tiled surround. Bosch four-ring gas hob in stainless steel with stainless steel extractor hood over. Bosch built-in double oven/grill. Integral fridge and freezer. Integral dishwasher. Down lighting to the ceiling. Table and chairs.
Utility Room9' x 7'2" (2.74m x 2.18m). Single drainer stainless steel sink unit with mixer tap. Automatic washing machine and tumble dryer. Single panelled central heating radiator.
Bedroom No 4:12'10" x 12'11" (3.91m x 3.94m). Large double room. Double panelled central heating radiator. Picture rail. Double bed and furniture.
Bedroom No 5:10' x 6'8" (3.05m x 2.03m). Single room. Double panelled central heating radiator. Telephone point.
Bathroom10'2" x 7'1" (3.1m x 2.16m). with white four-piece suite comprises w.c., pedestal basin, panelled bath and separate fully tiled shower cubicle with shower run from the hot water supply. Shaver point and light. Chrome towel radiator. Cupboard housing the gas and water meters. Down lighting to the ceiling.
Landing Cupboard housing the gas combi-boiler (Remeha Avanta Plus).
Bedroom No 2:12'8" x 9'3" (3.86m x 2.82m). Double room. Double panelled central heating radiator.
Bedroom No 3:10' x 6'8" (3.05m x 2.03m). Single room with single panelled central heating radiator, double glazed Velux window, single bed, wardrobe and bedside cabinet.
Bathroom6'3" x 6'10" (1.9m x 2.08m). with white three-piece suite comprising w.c., wash basin and panelled bath in a tiled surround. Extractor fan. Chrome towel radiator. Down light to the ceiling.
Master Bedroom20'4" x 13'11" (6.2m x 4.24m). Large double room with panelled central heating radiator, double bed, sofa bed and drawers.
En Suite Shower Room9'1" x 3'3" (2.77m x 1m). with w.c. And pedestal wash basin. Shaver point and light. Large shower cubicle with shower run from the hot water supply in a tiled surround and sliding shower door. Chrome towel radiator.
Burton House - Bargain Booze
Lease Term - 15 years from 16th April 2010
Rent - £14,500 per annum
Ground Floor - 899.11 ft2
Basement - 958.42 ft2
Church View - Holiday let (Sykes)
Rental income 2018 to 2019 - £32,927.70
Copies of the lease are available for inspection to genuinely interested parties only, following a viewing.
The price is not subject to VAT
All mains services are available and connected. Burton House and Church View both have gas fired central heating.
Church View - 'D'
Burton House - 'tbc'