£145,000
(£105.30/sq. ft)
Property for sale5 Market Street, Carnforth LA5
1,377 sq. ft
Just added
Freehold
About this property
Investment for sale
Ground Floor Retail and basement
Passing rent £10800 pa
Asking price £145,000
Description
Located in the heart of Carnforth town centre, this well-presented retail investment property is currently let to an established flooring retailer, offering an attractive opportunity for investors.
Accessed directly from Market Street, the property provides a spacious ground floor retail area together with a rear ancillary section comprising a cellular office, WC, recently upgraded kitchen, and additional storage facilities.
A staircase leads to a useful dry basement, providing further storage accommodation.
The property is offered for sale at an asking price of £145,000, subject to the existing lease, which currently produces a passing rent of £10,800 per annum until 2027.
Accommodation
Retail Area: 685 sq ft
Rear Ancillary Area: 211 sq ft
Basement: 481 sq ft
Total Accommodation: 1,377 sq ft
Services;
We understand the property benefits from mains water, gas, and electricity connections.
Location
The property occupies a prime trading position in the heart of Carnforth town centre, within close proximity to Carnforth railway station. Carnforth is a vibrant market town benefiting from a strong mix of national and independent retailers, including Greggs and Boots.
The town enjoys excellent transport connectivity, with convenient access to both the A6 and M6 motorway. Junction 35 of the M6 is located approximately 1 mile from the town centre, providing strong regional links throughout Lancashire and the wider North West.
Viewings
Viewings strictly with the agents:
Caroline Hayton
Terms
The property is currently let at a passing rent of £10,800 until 2027.
Located in the heart of Carnforth town centre, this well-presented retail investment property is currently let to an established flooring retailer, offering an attractive opportunity for investors.
Accessed directly from Market Street, the property provides a spacious ground floor retail area together with a rear ancillary section comprising a cellular office, WC, recently upgraded kitchen, and additional storage facilities.
A staircase leads to a useful dry basement, providing further storage accommodation.
The property is offered for sale at an asking price of £145,000, subject to the existing lease, which currently produces a passing rent of £10,800 per annum until 2027.
Accommodation
Retail Area: 685 sq ft
Rear Ancillary Area: 211 sq ft
Basement: 481 sq ft
Total Accommodation: 1,377 sq ft
Services;
We understand the property benefits from mains water, gas, and electricity connections.
Location
The property occupies a prime trading position in the heart of Carnforth town centre, within close proximity to Carnforth railway station. Carnforth is a vibrant market town benefiting from a strong mix of national and independent retailers, including Greggs and Boots.
The town enjoys excellent transport connectivity, with convenient access to both the A6 and M6 motorway. Junction 35 of the M6 is located approximately 1 mile from the town centre, providing strong regional links throughout Lancashire and the wider North West.
Viewings
Viewings strictly with the agents:
Caroline Hayton
Terms
The property is currently let at a passing rent of £10,800 until 2027.
Mortgage calculator
Monthly repayment
£725 per month
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