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Town centre investment opportunity including freehold. SEVEN tenanted flats producing an income of £31,620 per annum, all in good condition with established tenants. Located in the popular market town of Penrith with cafes, pubs, restaurants, shops and all local services. Easy access to the Lake District National Park, M6 motorway and all transport links.

20a King Street tenanted at £4,800pa

One bedroom, approx 480 sq ft

21a King Street - tenanted at £4,620pa

One bedroom, approx 419 sq ft

21b King Street - tenanted at £4,680pa

One bedroom, approx 484 sq ft

21c King Street - tenanted at £3,900pa

One bedroom, approx 270 sq ft

Flat 1, 21 King Street - tenanted at 4,800pa

One bedroom, approx 538 sq ft

Flat 2, 21 King Street - tenanted at 4,200pa

Bedsit, approx 346 sq ft

Flat 3, 21 King Street - tenanted at 4,620

One bedroom, approx 431 sq ft

Council Tax Band

Current rating A

Tenure

See Legal Pack

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Westmorland and Furness Council

Additional Fees

Admin charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts.

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

Agent Note

In order to be able to purchase a property in the UK all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations. Please ask the branch for further details.