About the property
Fully let investment property comprising retail shop on ground floor with 4 bedroom apartment above, rented on a short term assured tenancy. A charming and well maintained Grade II listed property right in the center of the thriving market town of Kirkby Lonsdale. With a combined yield of 5%, this is the ideal investment for buyers seeking to invest in this prosperous and popular town.
The property is available with no onward chain.On the ground floor, the retail space is home to Abrahams clothing store, established since 2003. Currently around 2.5 years into a 10 year lease, with a 5 year break clause. This is a significant floor space, benefitting from an extension to the rear. The large 2 room cellar is used by the shop for stock storage.The 4 bed apartment is accessed from the rear yard, with wooden steps rising to a delightful south-facing sunny balcony. Entry to the apartment is via tri-fold doors into a sun room with Velux windows to the roof. This leads through to the modern fitted kitchen. The spacious reception room is to the front aspect, with an open c... Read more