Property Auctions - property investments whitehaven
Auction date: Wed, 17/07/2024 - 09:00
Guide Price £125,000 - £150,000. A high yielding town centre commercial investment comprising two adjoining properties (mid and end terrace) with separate accommodation. No.75 is arranged over three storeys and is let in full to an established DIY / Hardware tenant at £58,236 per annum whilst No.74, ground floor only, is let at £1,080. Collectively they currently produce a rental income of £59,316 which represents a yield well in excess of 30% (if purchased at auctioneer's quoted guide price). No.75 Market Place requires considerable remedial works to the external fascia, principally the frontage, and condition reports are included within the legal pack. The current tenants have also has served a section 26 notice for a new 10 year business tenancy at £40,000 per annum effective November 24. This is reflective of the inconvenience of the repair works required.
Auction date: Thu, 18/07/2024 - 12:00
Guide Price £55,000+. A semi-detached (end of 3) bungalow occupying a garden site in this popular area.It is in need of some modernisation but offers great potential with hall, sitting room, kitchen, utility, bathroom, two bedrooms and dressing room.
Auction date: Wed, 17/07/2024 - 09:00
Guide Price £50,000+. A vacant town centre commercial property comprising a former take away restaurant at ground floor level and ancillary accommodation above. The ground floor extends to approximately 79 SqM (818 SqFt) and could suit a variety of future commercial uses, subject to any necessary consents. The upper floors are currently not accessible but could have potential to be converted into residential accommodation, subject to planning.
Auction date: Wed, 19/06/2024 - 09:00
Guide Price £95,000+. A vacant three storey, mid-terrace unit extending to approximately 764.3 Sq M (8,227 Sq Ft) providing retail accommodation at ground floor level with further sales areas, storage and staff accommodation to the upper floors. The property may be suitable for alternative uses or redevelopment, subject to obtaining the necessary consents.
Auction date: Thu, 30/05/2024 - 12:00
Guide Price £45,000 - £55,000. A spacious, three storey terraced house with garden situated near the town centre and harbour. A good investment property in need of modernisation but offering great potential with five bedrooms and two bathrooms.
Auction date: Thu, 04/04/2024 - 12:00
A substantial, retail, shop property with further accommodation on two upper floors occupying a prime position in the town centre. The property was last occupied by Clintons cards and is offered with vacant possession of the whole.
Auction date: Wed, 27/03/2024 - 10:00
A high yielding town centre mixed commercial and residential investment comprising ground floor retail/commercial premises together with two self-contained flats to the upper floors producing a combined annual rental income of approximately £19,400.