Investment for sale - 25-29 Murray Road, Workington

The property comprises a high yielding mixed-use investment opportunity let to three tenants including Specsavers and Boots. Arranged as two ground floor retail units with a gym to the first and second floors, the property is fully let to three tenants on recently signed renewal leases and producing a total £54,700 per annum. The ground floor retail units are let to Boots and Specsavers at £28,500 p.a. and £15,700 p.a. respectively, both are long-standing tenants of 15+ years, on recently renewed five year leases, displaying confidence in the location. The upper parts are let to Intrim Fitness Centres, also recently renewed, on a five year lease expiring 13.03.2029 and producing £10,500 per annum. Please see the accommodation/tenancy schedule for more information. The property benefits from a prominent frontage to Murray Road, one of the principal retail streets in Workington. The area therefore benefits from high footfall and is characterised by a number of local and national retailers including Superdrug, Savers, Cancer Research and Salvation Army.