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49-51 Main Street

KESWICK, Cumbria

For Sale Sale: £1,475,000 Investment

  • Passing Rent £88,000 until June 2028
  • Prominent and Popular Lake District Town
  • Prime Trading Position
  • Let to Strong Covenant
  • ERV likely to be nearer £100,000 per annum

Agent for this property:

Ben Blain

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PRIME RETAIL INVESTMENT FOR SALE

The extensive retail unit provides an attractive triple fronted shop front providing an extensive glazed frontage to Main Street with double personnel access doors and meets DDA requirements due to the street level access.

Internally, the accommodation provides a large open-plan sales area, which has been fitted out by the tenant, Fat Face. The unit is relatively regular in shape. An integral staircase provides access to the first floor storage area and WC.

In addition, the unit benefits from an extensive storeroom area with rear access, staff ancillary areas and WCs at ground floor level also.

Given the size of unit and position along Main Street, in the event of the building becoming vacant, demand is likely to be high. The space could lend itself to a variety of retailers including food and beverage operators.

Keswick is one of the largest and main Lake District towns, drawing in visitors most of the year round. Whilst some of the Lake District towns are only bustling during the summer months, Keswick's sectors tend to trade well most 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 street and offers a good shopping destination where multiple national retailers can be found. In addition, there is a range of strong independent retailers, particularly selling outdoor wear clothing and various café/restaurant operators.

The subject property is positioned on the pedestrianised area in the centre of Keswick. This is a prime trading location, amongst a variety of national retailers and strong independent local occupiers. These include Brysons, Blacks, The Edinburgh Woolen Mill, Alpkit, The Bank Tavern, Joules, Ellis Brigham, Needle Sports, and the hotel, Inn on The Square

Description Sq Ft Sq M
Ground Floor

We understand mains gas, water, electricity and drainage are connected to the property. The tenant is responsible for the heating and services, under the terms of the lease.

The property is available FOR SALE as an investment with a sale price of £1,475,000.