**Standout Features:**
- **Excellent Yield**: 9% rental return with annual income of £10,920.
- **Property Condition**: Newly renovated light industrial unit.
- **Size & Space**: Extremely large at 1,674 sq ft with high ceilings and a spacious layout.
- **Access**: Roller shutter and pedestrian doors, 3-phase electricity, and off-street parking.
- **Management**: Full estate management in place with a modest service charge.
- **Location**: Situated in Workington, a historically rich town with strong local amenities and schools.
**Summary:**
This newly renovated light industrial unit in Workington offers an impressive 9% yield, making it an attractive investment for buyers looking to maximize rental income. With a generous size of 1,674 sq ft, the unit features high ceilings and modern amenities, including roller shutter access, 3-phase electricity, and new toilet and shower facilities.
Perfect for investors seeking stable returns, the unit is fully let on new 10-year FRI leases, ensuring strong cash flow. The area, while classified as deprived, provides connection to a vibrant community and a range of local schools rated 'Good' and 'Outstanding.'
Although the surrounding community faces some challenges, this property benefits from fast broadband speeds and convenient off-street parking, adding further appeal. Seize the opportunity now, as properties of this quality and yield in Workington are rare and highly sought-after!
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