Murray Road & New Oxford Street, Cumbria HouseWorkington
Investment for Sale - Other
*** PROMINENT LOCATION ***
*** FULLY OCCUPIED BUILDING ***
*** ANNUAL INCOME £51,214 PER ANNUM ***
*** VAT FREE ***
Cumbria House is a two storey corner building let to four separate occupiers, and is fully let.
To the rear is an enclosed car park of 6 no. spaces.
The building is divided into four self-contained occupations, two fronting Murray Road, and two accessed from New Oxford Street. The accommodation is arranged over ground and first floors.
OCCUPYING TENANTS
Age UK Carlisle and Eden occupy the former building society branch unit at ground floor level, providing a largely open plan space with offices at ground floor level.
Image Hair Salon is also located on the ground floor. Internally it is an open plan space with a WC and office to the rear.
Groundworks North East and Cumbria are located on the ground floor with frontage and access from New Oxford St, the self contained space comprises offices, stores, kitchen and WC.
Cumbria Gateway span above and are all first floor demise, fitted out and used as offices.
Floor plans overleaf show the layout and configuration of the building.
ACCOMMODATION / AREAS
Ground Floor Retail Unit (Images Hair Salon)
Sales & Stores:
076.37 sq m (0,822 sq ft)
Ground Floor Offices (Groundwork)
Offices Kitchen & Stores:
164.90 sq m (1,775 sq ft)
Ground Floor Retail Unit (Age UK)
Sales Area, Offices & Stores:
127.20 sq m (1,369 sq ft)
First Floor Offices (Cumbria Gateway)
Offices, Stores & Kitchen:
198.40 sq m (2,135 sq ft)
SERVICES
We understand mains water, gas, electricity and drainage are connected. Tenants are on individual meters.
SALE PRICE
The property is available FOR SALE with a sale price of £450,000.
VAT
We are advised that the property is not VAT elected, and therefore VAT is not payable on the sale price.
TENURE TERMS
Details of tenure can be found in the attached property details.
Terms: Sale Price: £450,000
Size: 566.87 m² (6102 ft²)
