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2-3 Market Square, Millom, Cumbria LA18 4HZ

2-3 Market Square, Millom, Cumbria LA18 4HZ

£250,000
Commercial
About this Property
2025-03-18
250000
Traditional
Commercial
Description

A mixed commercial and residential investment located in the main town of Millom with available parking at the front and within easy reach of various schools and supermarkets. The property is arranged with Curry Spice, Lyns Hairdressing Salon and Mind Charity Shop on the Ground Floor, and Upper Floors with separate entrances, beggars theatre and flats one and two Two storage units are available to rent and a third will be coming available which would provide £60 per week income Flat two is due for an increase from £338 a month to approx £450 giving a potential increase £4420 Flat one is due to be relet at approx £450 per month The 3,000 sq ft theatre may be suitable for potential residential development, with the possibility of converting it into 5 to 6 flats, subject to the existing leases and necessary consents, which would boost income and property value considerably

Location
More Information
Freehold
Market Square
Commercial Property
Planing Authority
Copeland LPA
Sold Price History
08 Apr 2025Unsold Lot Savills plc£210,000
13 May 2025Unsold Lot Savills plc£210,000
13 May 2025Unsold Lot Savills plc£230,000

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