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Lot 1 - 46 Earle Street, Barrow-in-Furness, Cumbria, LA14 2PZ

  • Unconditional Online Auction Sale
  • Guide Price* : £15,000

INVESTMENT OPPORTUNITY

Description

• Online auction date: 17th March 2022 commencing at 09:00 until 17:00
• Guide price £15,000+
• Mid-terrace ground floor retail unit
• Internal area 57.3 sq m or 617 sq ft
• The property is approximately 10.5 miles from Ulverston and 37 miles from Kendal.
• In need of refurbishment throughout
• Opportunity to add value
• Long Leasehold on a 999 year lease from 1st January 1990

The subject property is located in Barrow-in-Furness, a town in Cumbria, North-West England. The property is approximately 10.5 miles from Ulverston and 37 miles from Kendal. The property is located 1.5 miles from Barrow in Furness Train Station.

The property is a mid-terrace ground floor retail unit that was previously used as an Indian takeaway. The property is in need of a full refurbishment.

The main shop floor provides half carpet, half tiled floors. The walls are half tiled and half exposed plaster and brick and are in poor condition and provides the old signage and menus from it’s previous use. There is also a kitchen/ storage room to the rear of the property providing a wc, painted walls and exposed concrete flooring with a door to the rear yard.

ACCOMODATION
The subject property measures approximately 57.3 sq m or 617 sq ft

SERVICES
The property is connected mains electricity, water and drainage. None of the services have been tested by Pantera Property.

TENURE
Leasehold

RATEABLE VALUE
According to the VOA the rateable value of the subject property is £3,050

GUIDE PRICE
£15,000+

BUYERS PREMIUM
£3,000 inc. VAT

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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