£465,000

Property for sale

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£465,000

(£177.35/sq. ft)

Property for sale

Lake Road, 100, Ambleside LA22

2,622 sq. ft

Local area information

Property location

Nearby amenities

  • Ambleside CofE Primary School 0.2 miles
  • Ambleside Waterhead Ferry Landing 0.7 miles
  • Brockhole Ferry Landing 2.1 miles
  • The Lakes School 3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

** rare freehold investment opportunity **** within A desirable lake district town **** fixed rental uplifts until expiry **** no tenant security of tenure **** no VAT payable **Ambleside is one of the busiest towns in the Lakeland District National Park and is popular with visitors from all over the world all year round.The corner property is prominently situated on the A591 at the junction of Lake Road with Kelsick Road. There are two large surfaced car parks close by.The property is a traditional Lakeland stone and slate building laid out to ground and lower ground floor sales areas, with upper floor ancillary storage and staff accommodation. The unit benefits from extensive display windows to both elevations. Various parts of the property underwent refurbishment in 2017. In addition a designated car parking space is positioned immediately to the rear of the building. The property is not listed.Please note that the majority of the upper floors visible on the marketing photo do not form part of the demise.accommodation/AREASGround Floor Sales: 85.40 sq m (919 sq ft)Lower Ground Floor Sales: 92.30 sq m (993 sq ft)Lower Ground Floor Stores: 13.50 sq m (145 sq ft)First Floor Ancillary: 29.00 sq m (312 sq ft)Second Floor Attic: 29.00 sq m ( 312 sq ft)total: 249.2 sq m (2,681 sq ft)SERVICESWe understand mains water, gas, electricity and drainage are connected to the propertyTHE tenant - ALPKITAlpkit Ltd (Company reg no. 05146091) have 10 stores nationwide and are an outdoor wear retailer and bike hire company. Their nearest store to Ambleside is Keswick.sale PRICEOffers in the region of £465,000 are invited for the sale of the freehold investment, let to Alpkit, who currently pay £32,000 pa, on a lease expiring in June 2027. The rent automatically increases to £32,900 in June 2025, then to £33,900 until lease expiry. There is no tenant security of tenure attached to the lease.VATThe property is not VAT registered, therefore VAT will not be payable on the sale price.EPCThe property holds a current Energy Performance Certificate rating of c-60.

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Property descriptions and related information displayed on this page are marketing materials provided by - Carigiet Cowen Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Carigiet Cowen Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cumbria
  4. Lake District
  5. Ambleside
  6. Lake Road