Back to Mark Jenkinson & Son

Commercial property investment opportunity

Barrow-in-Furness, LA14 - Get Access

Description

A retail investment opportunity comprising a three storey town centre building extending to approximately 113 Sq.M (1,216 Sq.Ft). The property is currently let on a 5 year lease dated April 2023 at £8,000p/a. The property fronts onto Cavendish Street close to it's junction with Dalton Street in Barrow town centre. A number of independent and national retailers are situated locally. Ground Floor: 49.5 Sq.M. First Floor: 32 Sq.M. Second Floor: 32 Sq.M. BTG Eddisons have not inspected the property internally and the accommodation details and sizes have been taken from the VOA office website. Auction Date: 30th September 2026. The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type. Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Auction Deposit and Fees: 10% deposit (subject to a minimum of £5,000). Buyer's Fee of 1.8% inc. VAT of the purchase price (subject to a minimum of £2,400 inc. VAT). There may be additional fees listed in the Special Conditions of Sale. Guide Price: £65,000 plus. Reserve Price: The Reserve Price will be within + or - 10% of the Guide Price.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,216 sq ft (Listing)

The property is a three-storey town centre building comprising a ground floor retail unit with two upper floors, extending to approximately 1216 sq. ft. It is let on a 5-year lease from April 2023 at £8,000 per annum. The valuation is based on the investment potential of the property, considering its location, lease terms, and the guide price at auction. As the property has not been internally inspected, the accommodation details and sizes have been taken from the VOA office website.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report