This property presents a noteworthy opportunity for renovation and investment, situated in the vibrant commercial area of Workington on Murray Road. The two-storey building features a ground floor retail unit complemented by a first-floor residential flat, making it an appealing option for both business and potential rental income.
The retail space on the ground floor spans approximately 913 square feet and includes a sizable open-plan sales area, a staff/storage room, and a rear WC with access to a loading yard. With its prominent double-glazed window display and electric roller shutter, the retail unit is well-equipped to attract foot traffic from the nearby Washington Square, which hosts popular retailers such as Costa Coffee and Boots. This location boasts excellent visibility and accessibility, enhancing its potential to serve as a thriving business venue.
On the first floor lies a 3-bedroom residential flat that has been vacant for several years. This portion of the property requires refurbishment, providing an ideal canvas for creative upgrades that could significantly increase its value. The flat comprises a reception/utility room, kitchen, bathroom, and living room, offering ample space for comfortable living or rental opportunities.
Located just 0.6 miles from Workington town center and with convenient transport links via the A66 and A596, this property not only benefits from local amenities but also attracts visitors from broader regions including the Lake District. The surrounding area showcases good public transport options with proximity to both bus and train stations.
In addition to its primary structures, there is an outbuilding at the rear suitable for storage needs along with a designated parking space. The property is connected to mains water, electricity, drainage systems, and has an existing gas supply (currently capped), providing essential utilities ready for future enhancements.
Overall, this property offers significant renovation potential while being strategically positioned in a bustling locale that supports various commercial enterprises. With careful investment into updates and repairs, there is ample opportunity to maximize both residential occupancy and retail success in this promising setting.