£147,500

Retail premises for sale

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Offers in region of

£147,500

(£147,500.00/sq. ft)

Retail premises for sale

36 Stramongate, Kendal LA9

560 sq. ft

Local area information

Property location

Nearby amenities

  • Stramongate Primary School 0.1 miles
  • Kendal 0.3 miles
  • Ghyllside Primary School 0.5 miles
  • Oxenholme Lake District 1.8 miles

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

Read our area guide for Kendal to find out more about the local area.

Features and description

  • *Ideal sipp Opportunity*
  • Let on a 10 Year Lease
  • Prominent Corner Position
  • 8 % Yield
  • Passing rent £12,000 pa
  • Asking price £147,500
Investment For Sale – 36 Stramongate, Kendal La9 4Bu

Located on Stramongate, in Kendal's town centre. Stramongate has recently undergone redevelopment and modernisation to allow for a pedestrian friendly gateway into the heart of the town. The property is set within a mixed use area, with neighbouring occupiers including, a hairdressers, fishmongers, public house and restaurant.

Description

Occupying a very prominent position on the corner of Stramongate, 36 Stramongate is a Grade II listed property. The property is currently let to Kendal Vapes on a 10 year lease with a commencement date of 7 June 2022. There is a tenant only break option in June 2026 subject to 6 month's notice. A service charge is payable on the property which is paid by the tenant, this is currently £120pcm. Buildings Insurance is also recharged back to the tenant.

Asking Price : £147,500

Contact:

Suzie Barron -

Caroline Hayton -

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - D M Hall LLP. 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 D M Hall LLP for full details and further information.

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  2. Commercial for sale
  3. Cumbria
  4. Lake District
  5. Kendal
  6. Highgate