Let to Burton/Dorothy Perkins Properties Limited (t/a Dorothy Perkins)
Close to Highgate, Market Place and Westmorland Shopping Centre
Nearby occupiers include Jessops, Greggs, Lloyds TSB, TK Maxx, Santander and Phones 4 U
Six Week Completion Available
Lot 12
Auction 8th December 2011
Rent £48,500 per Annum Exclusive
Status Sold
Price £525,000
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
21 miles north of Lancaster, 23 miles south of Penrith, 11 miles west of Lake Windemere
Roads
M6 (Junctions 36 and 37), A591, A590
Rail
Kendal Rail
Air
Leeds Bradford International Airport, Durham Tees Valley Airport
Situation
Kendal is an attractive historic town and a popular tourist destination due to its close proximity to the Lake District National Park. The property is prominently situated in the town centre on the pedestrianised retail thoroughfare of Finkle Street, close to other popular retail thoroughfares Highgate, Market Place and Westmorland Shopping Centre. Nearby occupiers include Jessops, Greggs, Lloyds TSB, TK Maxx, Santander and Phones 4 U.
Tenure
Freehold.
Location
Miles
21 miles north of Lancaster, 23 miles south of Penrith, 11 miles west of Lake Windemere
Roads
M6 (Junctions 36 and 37), A591, A590
Rail
Kendal Rail
Air
Leeds Bradford International Airport, Durham Tees Valley Airport
Situation
Kendal is an attractive historic town and a popular tourist destination due to its close proximity to the Lake District National Park. The property is prominently situated in the town centre on the pedestrianised retail thoroughfare of Finkle Street, close to other popular retail thoroughfares Highgate, Market Place and Westmorland Shopping Centre. Nearby occupiers include Jessops, Greggs, Lloyds TSB, TK Maxx, Santander and Phones 4 U.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. The tenant also occupies 3 Finkle Street and have created an internal access between the properties.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail accommodation on the ground floor with ancillary accommodation on the first floor. The tenant also occupies 3 Finkle Street and have created an internal access between the properties.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
5 years from 10/01/2009 (2) (by way of a lease renewal)
£48,500
Totals
177.26 sq m
(1,908 sq ft)
£48,500
(1)Burton/Dorothy Perkins Properties Limited is a subsidiary of Arcadia Group who are the UK's largest privately owned clothing retailer with more than 2,500 outlets. The group consists of Burton, Dorothy Perkins, Evans, Miss Selfridge, Topman, Topshop and Wallis. (Source: www.arcadiagroup.co.uk 11/11/2011)
