Minimum Rent

Select the property minimum rent
£0

Minimum Yield

Select the property minimum yield
0%

Bedrooms

Select how many bedrooms you want

Type of Property

Select the property types you want

view 0 listings
Property ID: 218429026
Potential Monthly Income
£150
Potential Yield
10.0%
Tenancy status
Vacant
CapitalAppreciation
+4.2%
Exclusive Investment Grade Opportunity

A commercial property located in Millom which is currently vacant but would be perfect for a local business looking to expand their operation.


For investors looking for a rewarding long term investment, this is a brilliant opportunity!


The property features spacious storage, lavatory and street parking.


Investment details


The property rent could be set to a market rate of £1,800 with long term tenants situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.


For greater detail on this property's investment potential, please see the Let Property Pack linked below.


If you are interested, please call us.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.


Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income0/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£- pcm
Current Rental Yield
-
Potential Market Value Rent
£150 pcm
Potential Rental Yield
10.0%
Estimated Monthly Capital Appreciation
£63
Area Capital Appreciation Rate
+4.2%

Property Checks

Property Tenure

Verified as Leasehold with 170 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Council Tax Band

Council Tax Band: A

Interactive street-level view of the property location and surrounding area.

Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Factor Name
unknown
Total Estimated Costs
unknown
Floor plans
Floor plan not availableNo floor plan image for this property
Attachments
Offers Over
£18,000
Location
2-3 Market Square, Millom, LA18
Bedrooms
0
Type of property
Commercial Unit

Additional Benefits

Fully Pre Checked by Let Property
Available First Come, First Serve
Over £1 Billion of UK Investment Property Sold.
Enquire for Detailed Returns Breakdown.
Loading...
Yearly Net Profit
Current Yearly Rent
£0
Annual Capital
Appreciation
£360
Yearly Factor Fee /
Service Charge
TBC
Other Yearly Costs
None
Indicated
Annual Net Returns
£360