51 Market Place, Whitehaven
Savills house

51 Market Place, Whitehaven, CA28 7JB

£65,000 Score 8.0/10

Description

A freehold mixed-use mid terrace building. Comprising a ground floor retail unit and a first and second floor flat. Previously let for £12, 000 p.a. (18.46% GIY on guide price). Asset management potential to re-let the property. Development potential (subject to consents). Total GIA approx. 1, 554 sq ft (107.1 sq m). Vacant

Opportunities

  • Development potential
  • Vacant
  • Freehold
  • £117/sqft
  • Est. 10.6% yield

Lot details

  • A freehold mixed-use mid terrace building
  • Comprising a ground floor retail unit and a first and second floor flat
  • Previously let for £12, 000 p.a. (18.46% GIY on guide price)
  • Asset management potential to re-let the property
  • Development potential (subject to consents)
  • Total GIA approx. 1, 554 sq ft (107.1 sq m)

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.