If you're looking to start a new adventure within the centre of a busy market town then look no further. This exciting opportunity incudes a generously sized dual fronted shop just under 1000 Sq feet. The use of a rear yard and three self-contained contemporary apartment's. All with separate utilities and recently upgraded.
Union Street is located just of Market Street, the main shopping street in Ulverston. There are two carparks within a minuets walk of the shop and a wealth of trading shops around it.
Contact Hunters for more information.
Double fronted shop
Generously sized shop floor, including a front retail entrance, kitchen/preparation area, utility/store, office and W.C.
Ideal for uses such as a restaurant, café or retail shop (subject to planning permissions) "or as the shop is currently" a fast-food takeaway. On agreement of a sale the existing business will be relocating and so the sale will be tenant free. Fixtures and fittings are available by separate negotiation.
The current rates valuation is £7,500 (1st of April to present) and therefore a new retailer tenant should be eligible for small business rates relief depending on their personal circumstances.
APARTMENTS
Above the shop are three lettable apartments that have all been recently modernised. The current owner lets the properties via Booking.com and they have proved to be popular with good levels of occupancy. Ulverston is a popular destination town for visitors with it's many bars, restaurants and amenities. The Lake District Park is just a 15 minute drive way with the tip of Lake Windermere being 8.5 miles away.
Apartment one
The first floor locates a dual aspect open plan living/dining area, open into a modern fitted kitchen. Three bedrooms, two doubles and one single room (of tasteful décor) and a three piece contemporary shower room.
Apartment two
Second floor apartment, featuring a bright and light dual aspect living area which opens into a contemporary kitchen diner. Two modern double bedrooms and a recently fitted spacious three piece bathroom suite.
Apartment three
This marionette apartment feels spacious and well designed, having a first floor open plan living/ breakfast kitchen and second floor, double bedroom with access from the top landing to a three piece shower suite.
Please note
The access entry inner hallway and doorway to the apartments and rear yard not owned by our sellers. There is only a right of way through to the yard. Contents and kitchen fixtures are for sale by separate arrangement only.
Commercial rating and tax banding
The ground floor shop is business rated running on average of £11,000 per year.
Flat 1 is business rated as a holiday let and has been since summer of 2022.
Flat 2 is registered as council tax banding A - Located under address - FLAT 2 THE WAREHOUSE, LITTLE UNION STREET, ULVERSTON, CUMBRIA, LA12 7HP
Flat 3 is registered as council tax banding A - Located under address - FLAT 3 THE WAREHOUSE, LITTLE UNION STREET, ULVERSTON, CUMBRIA, LA12 7HP
- Tenure: Freehold
- Freehold building with potential the to start a new business
- Recently modernised across four floors
- Fantastic retail unit with holiday lets above
- Double fronted shop within the pretty market town of Ulverston
- Three self-contained apartments ideal as rentals
- Separate utilities/services across the apartments and shop
- Private entrance to the self contained apartments
- The ideal investment opportunity with a live in option
- Use of low maintenance private rear yard
- Energy performance certificate B
| Tax Band | % | Taxable Sum | Tax |
|---|
Want to explore Union Street, Ulverston further? Explore our local area guide
Struggling to find a property? Get in touch and we'll help you find your ideal property.
