13 and 13B Main Street, Cockermouth, Cumbria CA13 9LE
- PROPERTY TYPE
Mixed Use
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- Mixed use investment property
- Prominent position in this sought after
- Town on fringe of Lake District National Park
- Fully let producing £20,700 per annum
- Gross yield 16.56% at guide price
- Ground floor shop
- Self-contained first floor flat
Description
GUIDE PRICE £125,000+ (PLUS APPORTIONMENT OF VAT)
FOR SALE BY PUBLIC AUCTION ON THURSDAY 17TH JULY 2025 AT THE HALSTON HOTEL, CARLISLE - For bidding registration, please visit auctionhousecumbria.co.uk
Mixed use investment property - 16.56% gross yield
A mixed use, freehold investment property occupying a prominent position in this sought after market town on the fringe of the Lake District National Park. The property comprises a ground floor shop unit which is let at £14,400 per annum and a self-contained first floor flat let on an Assured Shorthold Tenancy at £525 per month giving a total income of £20,700 per annum which equates to a gross yield of 16.56% at the guide price.
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Ground Floor Shop Main Shop area 22'9 wide x 20' deep
Rear Store 7'9 x 7'
Rear Office area 9'6 x 5'6 inc WC
First Floor Flat Hall
Living Room 14'6 x 14'
Kitchen 13' x 10'
Bedroom 14'9 x 10'6
Bedroom 14'9 x 12'6
Bathroom 8' x 5'9
Boxroom
Tenancies The shop is let at £14,400 per annum and the flat on an Assured Shorthold Tenancy at £525 per month giving a total income of £20,700 per annum which equates to a gross yield of 16.56% at the guide price.
VAT VAT will be applicable on 45% of the purchase price. See legal pack for full details. Interested parties are advised to consult their own solicitor and accountant for advice on this matter.
Tenure: See Legal Pack
EPC Rating: CC
Administration Fee: 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.
13 and 13B Main Street, Cockermouth, Cumbria CA13 9LE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Maryport Station6.3 miles
Notes
Disclaimer - Property reference 202506091502sq_mdyo. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction House Cumbria, Carlisle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Cumbria, Carlisle on 01228 937772.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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