15 Criffel St Local commercial 397 m² À vendre Silloth CA7 4BT 453 313 € (1 142,72 €/m²) Taux de capitalisation 5,40 %

*** PRIME LOCATION IN SILLOTH ***
*** COMMERCIAL AND RESIDENTIAL USES ***
*** £20,800 pa COMMERCIAL RENTAL INCOME ***
+ THREE BED OWNER OCCUPIED FLAT SALE PRICE: £385,000
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.
There are currently two separate accesses to the ground floor of the property. One immediately at the front from Criffel Street, which is a stepped access, the other from the side of Esk Street which leads directly into the café area and has been fitted with a wheelchair ramp, which is moveable.
Internally, the commercial accommodation provides an access lobby with access doors into the main café, large seating area, bar / counter, kitchen, basement storage, and an integral stairwell, which leads to the separate male and female toilets on the landing level.
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)
Second & Third Floor (Flat) 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.