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5 Bridge Street, Appleby-in-Westmorland, Cumbria CA16 6QH £145,000

5 Bridge Street, Appleby-in-Westmorland, Cumbria CA16 6QH£145,000


Overview

AUCTION DATE 16th NOVEMBER 2021

Situated in the conservation area and Appleby Heritage Action Zone in the centre of Appleby, a four storey Grade II listed building incorporating two commercial units and five flats achieving a gross rental income in the region of £29,000 p.a.

SOLD WITH AUCTION TERMS AND CONDITIONS

The picturesque market town of Appleby is set in the Eden Valley, by-passed by the A66, which gives access to Penrith and the M6 motorway, approximately 14 miles to the west, and is served by the Settle to Carlisle rail line.

The property is ideally located on the main shopping thoroughfare within the town centre.

This four storey mid-terrace property, which has been refurbished throughout, comprises –

SHOP UNIT 1
54 sq mtrs
Currently let as a Café
TERM March 2019
RENT PCM £650
SHOP UNIT 2
29 sq mtrs
Currently let as a Café
TERM Rolling Contract.
RENT PCM £440
FLAT 5A
Comprising living room, bedroom, kitchen and bathroom.
TERM Rolling tenancy
RENT PCM £285
FLAT 5B
Studio flat with living/bedroom, kitchen and bathroom.
TERM January 2018
RENT PCM £285
FLAT 5C
Studio flat with living/bedroom, kitchen and bathroom.
TERM Rolling Tenancy
RENT PCM £276
FLAT 5D
Studio flat with living/bedroom, kitchen and bathroom.
TERM Rolling Tenancy
RENT PCM £241
FLAT 5E
Studio flat with living/bedroom, kitchen and bathroom
TERM Rolling Tenancy
RENT PCM £275
NOTES
COUNCIL TAX BAND To be confirmed

TENURE Freehold.

SERVICES Mains water and drainage, electricity and gas are connected.

VIEWING Cumbrian Properties ELA Ltd, Fenton House, Corney Square, Penrith Tel 01768 867788

NOTE Appleby Heritage Action Zone – https://historicengland.org.uk/whats-new/in-your-area/north-west/appleby-heritage-action-zone/

ALL INFORMATION CORRECT AS OF 14TH SEPTEMBER 2021
Auction Notes
AUCTION TERMS - All auction properties are available to buy by e-mailing a remote bidding form (available to download on our website) with your highest offer before 10 am on Tuesday 16th November 2021 (Please contact our office for e-mail address).

NOTE Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

NOTE 2 All prospective buyers need to bring the following documents to the Auction:
Driving License (Photo ID), National Insurance Number and Passport.

REMOTE BIDDING - All auction properties are available to buy by e-mailing a remote bidding form (available to download on our website) with your highest offer before 10 am on Tuesday 16th November 2021 to adrian@cumbrian-properties.co.uk
Auction Fees
BUYERS ADMIN CHARGE £720 including VAT payable on exchange of contracts.
Key information:

5 Bedrooms, 0 Bathrooms, 5 Receptions

View EPC Certificate


Area Map

Contact Sales Team
(Penrith Branch)

01768 867 788

penrith@cumbrian-properties.co.uk