3 Crescent Road
WINDERMERE, Cumbria, LA23 1EA
For Sale 3,770 Sq Ft Sale: Offers in the region of £750,000
- POTENTIAL SCHEME COMPRISING COMMERCIAL AND RESIDENTIAL
- NO VAT PAYABLE ON THE SALE PRICE
- ENCLOSED CAR PARK FOR APPROXIMATELY 12 VEHICLES
RARE OPPORTUNITY TO ACQUIRE A SUBSTANTIAL COMMERCIAL BUILDING IN WINDERMERE
The building is a detached three-storey property of traditional Lakeland stone construction under a pitched slate roof. Externally, the property benefits from a generous enclosed car park with parking for approximately 12 vehicles.
The accommodation is split into two parts - the majority of the ground floor and the back right-hand corner at first and second floor levels are the former bank premises (Barclays), and the remainder of the building comprises self-contained ground, first and second floor offices. Both parts have their own dedicated access from the front of Crescent Road. In addition, a ramp provides access to the former bank branch.
The ground floor was previously occupied by Barclays Bank. The self-contained unit provides a largely rectangular-shaped sales area, rear offices, a former vault and WCs. The remainder comprises one ground-floor office and various first and second-floor offices.
The external car park is accessed immediately off Crescent Road. With limited parking options in the town centre, this offers a significant opportunity for potential purchasers.
Windermere is an attractive Lake District town, conveniently positioned around 10 miles from Kendal, and 1 mile from Bowness on Windermere and the lake Windermere itself. Other popular towns of Ambleside and Keswick lie further north, but within 20 minutes drive.
The town of Windermere is popular throughout the summer season with tourists and holidaymakers. There are various holiday parks and campsites nearby, as well as many holiday let options within the town. In recent years, due to higher footfall and visitor numbers, there has been an increase in higher-end boutique hotels, guest houses and Airbnb accommodation for both Windermere and Bowness.
The subject property is located at the northern end of Crescent Road, opposite Brown Sugar (café/restaurant) and WH Smith. There are also numerous independent food and drink operators in close proximity along Crescent Road and Main Road.
| Description | Sq Ft | Sq M |
|---|---|---|
| Former Barclays Bank Ground Floor | 1,135 | 105.44 |
| Former Barclays Bank First Floor | 135 | 12.54 |
| Former Barclays Bank Second Floor | 605 | 56.20 |
| Offices | 315 | 29.26 |
| Offices | 1,040 | 96.62 |
| Offices | 540 | 50.17 |
| Total | 3,770.00 | 350.23 |
The property is connected to mains water, drainage, electricity and gas. Heating is provided by way of a gas-fired central heating system.
Opportunity
The building and car park offer a wide range of options to potential purchasers including residential, boutique hotel, retail, offices and restaurant/café, subject to obtaining the necessary consents.
Significant capital investment has been made in the building. Works to roof level features and the side and rear elevation including slate lead flashing, gutter and downpipe repairs, remedial work to chimney stacks, flat roof re-felting, stonework repairs and refurbishment of windows and roof lights.
A potential scheme is shown in the marketing details. This scheme is for indicative purposes only and will be subject to planning & consents.
Sale Price
Offers in the region of £750,000 are invited for the freehold interest with vacant possession. The property will be sold as seen.