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Dixon Court, 101 Lake Road, Ambleside, LA22 0DB
Price: £550,000

Property Details

LOCATION
From Lake Road opposite Old Lake Road there is a large shop called Adventure Peaks, To the right hand side is an Archway. Through the archway to a gravelled courtyard with three commercial units with shop fronts.

DESCRIPTION
The sale of Dixon Court provides a unique opportunity to acquire a rare package which provides an excellent income of approximately £37,000 per annum and equates to a yield of circa 6.7%. A substantial Lakeland building which has a combination of three commercial units and a six bedroom maisonette which is spread over three floors.

A highly versatile building which has three commercial units on the ground floor, all units are accessed independently, which are rented out and generate an annual income of approximately £12,000. Whilst the excellent accommodation above is spread over three floors and provides a six bedrooms and three bathrooms and is currently House of Multiple Occupancy. Although the layout of the building may allow for a five bedroom HMO and the top floor en suite bedroom could potentially be let out via Air B&B or used by an owner. The HMO currently generates approximately £25,000 per annum let as a tenancy group, with the vendor paying the water rates and internet.

The current owner is extremely conscientious and has consistently reinvested in the property over the years including new UPVC double glazing, modern insulation, new bathrooms etc and LED lighting enabling the property to be extremely good accommodation which currently houses students. A private court yard nestled just off the centre of Ambleside, a highly popular all year around visitor destination in the heart of the Lake District National Park.

ACCOMMODATION
Ground Floor
Three separate commercial units.

Unit A
19’7 x 15’9 (5.98m x 4.79m)
Double glazed doors into light and airy unit with. Jack and Jill WC shared with unit B. Currently occupied as a dog grooming salon.

Unit B
18’5 x 14’3 (5.62m x 4.35m)
Fully glazed frontage. Jack and Gill WC shared with Unit A.

Unit C
15’7 x 10’4 (4.76m x 4.15m) 16’5 x 13’3 (5.01m x 4.03m)
Glazed front entrance into Room 1, spacious area with plumbing for washing machine and wash hand basin. Second spacious dual aspect room with wood effect flooring view towards Loughrigg.

Shower Room
Shower cubicle with wash hand basin and WC. Wood effect flooring and extractor.

Metal steps leading up to the first floor private entrance over a non slip decked area with railings , enjoying an open outlook towards Loughrigg over the car park.

Accommodation
Front glazed UPVC front door leading into:

Wide Hallway
Cloaks area with separate WC with wash hand basin. Cupboard housing washing machine and dryer above. Window with views towards Loughrigg. Alarm.

Internal glazed door
Leading into; Hallway with understair storage. Fire Escape.

Shower Room
Large double shower with glazed screen. WC and pedestal wash hand basin and useful inset shelving. Valiant boiler . Wood effect flooring. Extractor fan.

Steps leading to

Front Bedroom One
15’7 x 13’1 (4.76m x 3.99m)
L shaped light and airy generous room with vanity wash hand basin.

Front Bedroom Two
11’’2 x 10’2 (3.40m x 3.10m)
Good size room with pedestal wash hand basin. Large window overlook the courtyard.

Rear Bedroom Three
12’8 x 8’8 (3.87m x 2.64m)
With pedestal Wash hand basin and side window. Useful walk in storage perfect for wardrobe and shelving. Fire exit door.

Second Floor
Kitchen/Diner
13’5 x 11’4 (4.09m x 3.45m)
L shaped dual aspect room with cream wall and base units with inset shelving. Stainless steel sink and mixer tap. Integrated electric cooker and hob Free standing high fridge and freezer. Part wall tiled and wood effect flooring. Feature glazed sliding patio doors leading on to a balcony with amazing west facing views towards Todd Crag, Loughrigg and Fairfield.

Lounge
16’5 x 8’0 (5.00m x 2.44m)
South facing room with TV point and views to the side.

Front Bedroom Four
13’8 x 8’2 (4.17m x 2.50m)
Wash hand and storage unit. Useful shelving and large window seat

Front Bedroom Five
11’8 x 10’2 (3.56m x 3.09m)
With wash hand and large window.

Wetroom
Mira Sport Shower and floor to ceiling easy clean shower panels.
Hall and stairs leading to ground floor Fire exit and additionally leading up to:

Side Hall leading to;

Third Floor
Landing with exposed painted stone wall leading.

Bedroom Six
22’10 x 16’9 (6.97m x 5.11m)
Spacious and character attic room with partial limited height in the eaves, however still a very useful spacious open plan bedroom. Small kitchenette with base units and stainless steel sink unit and mono tap. Two Velux windows with views over the rooftops towards Fairfield Horseshoe.

En Suite
Three piece suite with panelled bath with shower attachment, WC and wash hand basin. Part tiled walls. Storage area.

Outside
The property benefits from a terrace currently with a substantial three lock metal secure bike store. A balcony off the kitchen with stunning west facing views. Bin store.

SERVICES
Services
All mains are connected. Gas Central Heating. Wired fire alarm.

Tenure
Freehold

OUTGOINGS
Council Tax Band/Rateable Value
The Flat – Band D
Unit A – £2,500. Actual amount payable £1,165.
Unit B – £5,500. Actual amount payable £2,563.
Unit C – £4,050. Actual amount payable £1,887.
This could be reduced to ZERO if the purchaser is entitled to Small Business Rates Relief. More details can be obtained from the Local Authority South Lakeland District Council 01539 733333.

Ambleside Office
Ambleside
Ambleside Office
Loughrigg Villa
Kelsick Road
Ambleside
Cumbria
LA22 0BZ

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