* Consisting of 5 Lock Up Quasi Trade / Commercial Units, a Purpose Built Dentist Practice, Solicitors, a Successful Hair Salon, First Floor Flat with Ground Floor
Storage Unit, a Residential Building Plot and 21 Car Parking Spaces
* Adjacent to Penrith's Town Centre and the popular Cornmarket area of Penrith
* Currently achieving a rent passing of £53, 064. 16 per annum and upon letting of the vacant lock up unit a rental of £54, 264. 16 per annum could be achieved
* Building Plot with planning permission for a 3 bed, 3 storey residential dwelling, Eden District Council planning ref 20/0404
* Two banks of Solar pv panels are installed, producing an attractive additional income
* 39. 41% or £20, 914 of the income is from the anchor tenant My Dentist who occupy a purpose built modern unit
* Low passing rentals with strong prospects of growth
* A rare opportunity to purchase a multi - let mixed use freehold investment
* Offers invited at a guide price of £795, 000 showing a gross initial yield of 7. 58% on the rent received after stripping out the building plot.
**Viewing
**
The portfolio is available to view strictly by appointment with Edwin
Thompson, contact:
Joe Ellis at our Windermere Branch.

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