14a, 14a Station Street, Keswick, CA12 5HF

Description The building is a four storey, end of terrace, of traditional stone and slate construction. There are four floors with one property on each.

The properties are self-contained but do not include the structure. Full details are contained within the leases, copies of which can be made available upon request.

The principal access to the ground floor is from Station Street. The flats are accessible from a common staircase, the entrance to which is from a side door in the building.

The property to be sold is the sum of the freehold entitlements to the ground rents currently receivable at 14a Station Street, Keswick and more particularly: Ground Floor: Commercial premises (occupied by Chisholm Bookmakers) Rent: £nil First Floor: Residential flat known as Bag End.

Rent: £302.74 per annum Second Floor: Residential premises known as Grandy Nook Rent: £nil Third Floor: Residential premises known as Grand View.

Rent: £302.74 Rent Currently £605.48 per annum, subject to review.

Rent reviews There are rent reviews applicable to the flats on the first and third floors as follows: 1st January 2019 and every fifth anniversary of that date.

The rents are to be increased on the rent review dates by 2.5% per annum compound.

Leases Ground floor: 999 years from 07/12/2009 First floor: 999 years from 07.12.2009 Second floor: 999 years from 07.12.2009 Third floor: 999 years from 7.12.2009 Title numbers Ground floor: CU288935 First floor: CU288517 Second floor: CU252348 Third floor: CU296461 Location Located in a good secondary trading position, Station Street is a bustling area, popular with both local people and tourists alike, and benefits from a good mix of shops, offices, restaurants and bars.

Keswick is the principal town for the northern Lake District, attracting large numbers of visitors throughout the year, benefitting from 7 day seasonal trading and extended hours.

Proposal The freehold of the building, subject to the leases referred to herein, and currently producing a rent of £605.48 per annum is offered for the sum of £12,100 Legal costs Each party to bear their own legal and professional costs incurred in the transaction.

VAT Rent quoted is exclusive of VAT if applicable Further information Please contact Keith Mitchell in our Keswick Office.