Property for Auction in Cumbria - 20, 20a and 21 King Street, Penrith, Cumbria CA11 7AJ

Investment opportunity Town centre investment opportunity including freehold. SEVEN tenanted flats producing an income of £31,620 per annum, all in good condition with established tenants. Located in the popular market town of Penrith with cafes, pubs, restaurants, shops and all local services. Easy access to the Lake District National Park, M6 motorway and all transport links. Tenure See Legal Pack 20a King Street tenanted at £4,800pa One bedroom, approx 480 sq ft 21a King Street - tenanted at £4,620pa One bedroom, approx 419 sq ft 21b King Street - tenanted at £4,680pa One bedroom, approx 484 sq ft 21c King Street - tenanted at £3,900pa One bedroom, approx 270 sq ft Flat 1, 21 King Street - tenanted at 4,800pa One bedroom, approx 538 sq ft Flat 2, 21 King Street - tenanted at 4,200pa Bedsit, approx 346 sq ft Flat 3, 21 King Street - tenanted at 4,620 One bedroom, approx 431 sq ft Services Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Local Authority Westmorland and Furness Council Solicitors Arnison Heelis Solicitors, Ref: Chris Ryder, Tel: 01768 862007 Offered in association with Lakes Estates Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1500 inc VAT, payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.