Investment - 36 Stramongate
KENDAL, Cumbria LA9 4BN
For Sale 546 Sq Ft Sale: £147,500 Guide Price
- LET TO E-CIGARETTE OPERATOR - KENDAL VAPES
- VAT IS NOT PAYABLE ON THE PURCHASE PRICE
LONG LEASEHOLD INVESTMENT FOR SALE
The property is a self contained ground floor retail unit with return frontage and attractive window displays. The property has a kitchen and WC at the rear, and an externally accessed store.
Kendal is situated in south Cumbria and lies approximately 8 miles from Windermere, 50 miles south of Carlisle and 25 miles north of Lancaster. The M6 motorway junctions 36 and 37 are approximately 6 miles north and south of the centre of the town. Kendal has a resident population of approximately 30,000 but enjoys significant tourist trade throughout the year due to its proximity to the Lake District and Yorkshire Dales National Parks.
36 Stramongate is a ground floor retail unit situated in a prominent corner position at the junction of Stramongate and Blackhall Road in the heart of Kendal town centre.
The location of the subject property is shown circled red on the plan adjacent.
| Description | Sq Ft | Rent (pa) |
|---|---|---|
| Net Sales Area | 546 | £11,346 |
| Kitchen | 33 | £0 |
| WC | 17 | £0 |
| Store | 27 | £0 |
| Total | 623.00 | £11,345.88 |
The property is connected to mains water, electricity and drainage.
The long leasehold interest is offered FOR SALE at a sale price of £147,500.
Tenant
The property is currently let to e-cigarette operator Kendal Vapes at a rent of £12,000 p.a. and the lease expires in June 2033. In addition, the monthly service charge of approximately £124 is payable by the tenant.