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Lot 22 Sold: £100,000

Auction: Wednesday 9th April 2025

136 Dalton Road, Barrow-In-Furness, Cumbria LA14 1JH

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Lot 22   Click here for addendum

Freehold Town Centre Retail Investment – Gross Yield 12%
6 Week Completion

Situation

Located in the town's main pedestrianised retail thoroughfare amongst such other multiple retailers including McDonald's, Ryman, Costa Coffee, Halifax, Superdrug, Subway, CEX and Poundland.
Barrow is the second largest urban area in Cumbria after Carlisle and lies on the Furness Peninsula, close to the Lake District and some 34 miles south-west of Kendal and the M6 (Junction 36).

Property

A mid terrace building comprising a Ground Floor Shop with Storage on the first and second floors.

Accommodation1

Ground Floor Shop
Gross Frontage 12'9"
Built Depth 61'0"
Area Approx. 606 sq ft
First Floor
Staff Kitchen &
Open Plan Rest Space		 Approx. 473 sq ft plus WC
Second Floor
2 Rooms Area Approx. 509 sq ft
Total Area Approx. 1,588 sq ft

1Not inspected by Barnett Ross. Areas taken from VOA.

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The entire property is let on a full repairing and insuring lease to M. L. Ahmed as a convenience store for a term of 5 years from 20th November 2024 at a current rent of £12,000 per annum exclusive.

There is a £1,000 Rent Deposit held.

Enquire about this lot:

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

Photo of Rocco Kay

Rocco Kay
020 8492 9449
rkay@barnettross.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.