Freehold Retail Invesment
Freehold Retail Invesment
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.
Freehold.
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.
Freehold.
The property comprises a ground floor shop with ancillary accommodation on the first floor.
VAT is applicable to this lot.
The Buyer will pay 1.5% + VAT of the purchase price towards the seller’s costs.
C
The property comprises a ground floor shop with ancillary accommodation on the first floor.
VAT is applicable to this lot.
The Buyer will pay 1.5% + VAT of the purchase price towards the seller’s costs.
C
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent 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.
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