68 Highgate
Kendal
Cumbria
LA9 4HE

Freehold Retail Invesment

  • Let to St John’s Hospice Shops Limited
  • New 5 year lease renewal from August 2018
  • Previous rent £19,000 p.a.
  • Nearby retailers include Tesco Express, Iceland, HSBC, Barclays and Halifax banks
  • Popular tourist town
  • Lot
    72
  • Auction
    18/Oct/2018
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Property Update
  • 68 Highgate<br>Kendal<br>Cumbria<br>LA9 4HE
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Property Information

Location
Miles
47 miles south of Carlisle
70 miles north of Manchester
Roads
A6, A590, A684, M6 (Junction 36)
Rail
Kendal Railway Station
Air
Newcastle Airport
Situation

Kendal is a well-known charming market town on the eastern border of the Lake District National Park. The property is situated on the western side of Highgate, south of its junction with Lowther Street, in the heart of Kendal town centre. Other occupiers on Highgate include Tesco Express, Iceland and branches of HSBC, Halifax and Barclays banks.

Tenure

Freehold.

Description

The property comprises a ground floor shop with ancillary accommodation on the first floor.

VAT

VAT is applicable to this lot.

Note

The Buyer will pay 1.5% + VAT of the purchase price towards the seller’s costs.

EPC

C

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.x
Ground
First
Retail/Ancillary
Ancillary
180.70 sq m
38.30 sq m
(1,945 sq ft)
(412 sq ft)
ST JOHN’S
HOSPICE SHOPS
LIMITED (1)
5 years from 23/08/2018
on a full repairing and
insuring lease (2)
£20,000
Total
219.00 sq m
(2,357 sq ft)
  £20,000

(1) St John’s Hospice was founded in 1986 and now operates from 10 shops in the Lancaster, Garstang and Kendal areas (Source: www.sjhospice.org.uk 11/09/2018).
(2) The lease is full repairing and insuring subject to a Schedule of Condition.

Property Documents

  • Site Plan
    Updated Date
    26.09.18
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    26.09.18
    File Size
    696 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George WatkinsGeorge Watkins +44 (0)20 7034 4861george.watkins@acuitus.co.uk
Seller's Solicitors
Structadene Limited 9 White Lion Street
London
N1 9PD
James Thomson 0207 843 9196james.t@pearl-coutts.co.uk

Useful Links

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