Ground Floor - 34 Main Street
KESWICK, Cumbria CA12 5JD
For Sale 533 Sq Ft Sale: £360,000 Guide Price
- PASSING RENT OF £25,000 PER ANNUM
-
STEPPED GROWTH ON RENT FOR LEASE DURATION
-
12 YEAR LEASE FROM EARLY 2026 WITH SINGLE TENANT BREAK OPTION IN 2031
LAKE DISTRICT LOCATION
34 Main Street comprises a newly let self-contained ground-floor rectangular unit. The accommodation comprises an open-plan sales area with storage and a kitchenette to the rear. There is a separate building in the rear yard with the WC
Keswick is one of the largest and main towns in the Lake District National Park, drawing in visitors throughout the year. Whilst some of the Lake District towns are only bustling during the summer months, Keswick's sectors tend to trade well all of the year.
The town benefits from good transport links via the A66 trunk road, linking it with Penrith to the east at Junction 40 of the M6 motorway, and the towns of Cockermouth and Workington to the west.
Main Street in Keswick is the prime shopping destination, offering a variety of national retailers. In addition, there is a range of strong, independent retailers, particularly those selling outdoor wear clothing, as well as various café/restaurant operators.
The subject property is well positioned within the pedestrianised section of Keswick's town centre and is regarded as prime. Nearby occupiers include Bryson's, Fat Face, Joules, Temple Sports, Cotswold, Seasalt, Boots, Inn On the Square, The Round, The Kings Arms Hotel, and The Golden Lion. Recent new openings include Galleria Jewellers, Twisted Willow and Blueberry Clothing.
| Description | Sq Ft | Sq M |
|---|---|---|
| Net Sales Area | 543 | 50.44 |
| WC | ||
| Total | 543.00 | 50.44 |
The property is connected to mains water, drainage, and electricity.
The freehold investment is available on a FOR SALE basis and offers in the region of £360,000 are invited. The tenancy has a stepped rental agreement as follows: -
Years 1, 2 and 3 - £25,000 pax
Years 4, 5 and 6 - £27,500 pax
Years 7, 8 and 9 - £30,000 pax
Years 10, 11 and 12 - £32,500 pax
There is a single tenant break option on 15th February 2031.