Summary - 35, MURRAY ROAD CA14 2AB
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Large mid-terraced retail property with residential potential (planning consent needed)
- Ground floor retail space with ancillary rooms above (1,270 sq ft total)
- Prime town center location near major shopping destinations
- High rental yield potential (ERV: £15,000 p.a. at 10% GIY)
- Chain-free with a long lease (999 years remaining)
**Concerns:**
- Located in a high-crime area
- Urban space without outdoor area
- VAT applicable
Discover a unique investment opportunity in the heart of Workington with this expansive mid-terraced retail property. Boasting 1,270 sq ft of space, this ground-floor shop has untapped potential for residential conversion on the upper floors, providing a rare chance to capitalize on the growing demand for housing in the area. Ideally situated between Oxford Street and Washington Square—two key shopping hubs—this property benefits from a steady foot traffic flow and proximity to popular retailers like Superdrug and Greggs.
Despite the high crime rate and urban setting, the property offers excellent mobile and broadband connectivity, making it appealing for both residential and business purposes. With vacant possession available, this property allows for immediate occupancy or development with minimal delay. Whether you're an investor seeking strong rental income or looking to revitalize a mixed-use space, time is of the essence—opportunities like this are few and far between. Don’t miss out on this prime real estate potential right in the town center!
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