3-bedroom terraced house · LA14 5HY
For saleListed 105 days
Opportunity summary
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About
We are delighted to bring to the market this well established Chip Shop in a popular residential area just behind Oxford Street in the popular residential area, close to local amenities, transport links, schools etc.
the business has been trading for sometimes and has good foot fall with valuable long standing clientele.
We have the business with fixtures/fittings for sale, along with the attached end terrace property. The property comprises of entrance hallway with access to the lounge, kitchen/diner.
To the first floor the property has three bedrooms and a bathroom. The property benefits from central heating and double glazing.
The residential property is currently rented and can be sold with tenants in-situ.
(Accounts are available upon request via private appointment with Lorraine Smith) SERVICES Gas, Electric, Water, telephone, Drainage LOCATION York Street is just behind Oxford Street in a popular Residential area.
YORK STREET CHIPPY/CHIP SHOP 15.6' 7.4" x 7' 4" (4.75m x 2.25m) Fully equipped chip shop with range, bain-marie, fully tiled walls, serving counter, uPVC double glazed window and uPVC double glazed access door.
KITCHEN 7' 2" x 6' 1" (2.19m x 1.86m) 7' 2" x 6' 11" Having double bowl stainless steel sink unit, deep fat fryer, 5 ring gas hob, fridge, microwave, gas multi point water heater and uPVC double glazed window.
CUPBOARD/STORE 23' 1" x 6' 9" (7.04m x 2.07m) 23' 10" x 6' 8" Having potato rumbler, chipper, washbasin, 3 freezers and partition WC. The cupboard store has access to the rear lane and house.
36 YORK STREET (HOUSE) ENTRANCE HALL Having uPVC double glazed front door, radiator and access to the kitchen.
ENTRANCE HALL Having gas fire with marble hearth and wood surround, 4 power points, radiator, TV point, uPVC double glazed window and open arch to the kitchen.
LOUNGE 11' 1" x 10' 2" (3.38m x 3.10m) Having gas fire with marble hearth and wood surround, 4 power points, radiator, TV point, uPVC double glazed window and open arch to the kitchen.
KITCHEN 12' 0" x 10' 8" (3.68m x 3.26m) Having wood effect wall and base storage cupboards, working surfaces, tiled surrounds, stainless steel sink unit, breakfast bar, plumbing for a washing machine, 4 ring electric hob, electric oven, 7 power points, radiator and access door to the rear.
LANDING Having access to all rooms BEDOOM 1 13' 8" x 10' 11" (4.17m x 3.35m) Having 4 power points, radiator and uPVC double glazed window.
BEDROOM 2 13' 9" x 8' 4" (4.20m x 2.56m) Having 2 power points, radiator, uPVC double glazed window and built in cupboard with recently installed gas central heating condensing boiler.
BEDROOM 3 7' 9" x 7' 5" (2.37m x 2.28m) Having radiator, power point and uPVC double glazed window.
BATHROOM 7' 5" x 4' 5" (2.28m x 1.37m) Having bath, over bath electric shower, WC, washbasin, fully tiled walls and uPVC double glazed window GENERAL The accounts are available to interested parties by appointment with Mrs Lorraine Smith at WG ROSS & CO LTD 16-18 Cavendish Street, Barrow-in-Furness, Cumbria, LA14 1SB AGENCY NOTE In order to be able to purchase a property in the UK, all agents have a legal requirement to conduct identity checks on all customers involved in the transaction to fulfil their obligations under anti money laundering regulations.
Ross Estate Agencies outsource this check to a third party and an additional charge to purchasers will apply. Please contact the office for more details.
Anti-Money Laundering checks cost - £25.00 Plus VAT **This is non refundable once the AML check has been carried out**
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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