Units 23,24 & 25 and 1-3 Jubilee Apartments The Westmoreland Shopping Centre Kendal Cumbria LA9 4BT

  • Units 23,24 & 25 and 1-3 Jubilee Apartments<br>The Westmoreland Shopping Centre<br>Kendal<br>Cumbria<br>LA9 4BT

Units 23,24 & 25 and 1-3 Jubilee Apartments
The Westmoreland Shopping Centre
Kendal
Cumbria
LA9 4BT

Freehold Retail and Residential Investment

  • Comprises 2 shops and 3 flats
  • Tenants include Crew Clothing and CEX
  • Prominently situated at the entrance to the Westmorland Shopping Centre
  • Busy location in Kendal town centre
  • Nearby include Waterstones, McDonalds, Vision Express, Boots, Costa, Caffe Nero and TK Maxx
  • Lot
    29
  • Auction
    29th October 2026
  • Rent
    £65,940 per Annum Exclusive
  • Status
    Available
  • Guide*
    £550,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Investment Manager
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Freehold Retail and Residential Investment

  • Comprises 2 shops and 3 flats
  • Tenants include Crew Clothing and CEX
  • Prominently situated at the entrance to the Westmorland Shopping Centre
  • Busy location in Kendal town centre
  • Nearby include Waterstones, McDonalds, Vision Express, Boots, Costa, Caffe Nero and TK Maxx
  • Lot 29
  • Auction 29th October 2026
  • Rent £65,940 per Annum Exclusive
  • Status Available
  • Guide* £550,000
  • Sector
    High Street Retail, Residential
  • Auction Venue
    Live Streamed Auction
  • On Behalf of a Major Investment Manager

Property Information

Location
Miles
8 miles east of Windermere, 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

The property is prominently situated at the entrance to the Westmoreland Shopping Centre benefitting from internal and external entrances into the centre. The Westmoreland Shopping Centre is located in the heart of Kendal town centre on Stricklandgate. Other occupiers within the centre and nearby include Waterstones, McDonalds, Vision Express, Boots, Costa, Caffe Nero and TK Maxx.

Tenure

Freehold.

Location
Miles
8 miles east of Windermere, 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

The property is prominently situated at the entrance to the Westmoreland Shopping Centre benefitting from internal and external entrances into the centre. The Westmoreland Shopping Centre is located in the heart of Kendal town centre on Stricklandgate. Other occupiers within the centre and nearby include Waterstones, McDonalds, Vision Express, Boots, Costa, Caffe Nero and TK Maxx.

Tenure

Freehold.

Description

The property comprises two shops benefitting from internal and external entrances to the Westmoreland Shopping Centre, together with three flats on the upper three floors.

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 two shops benefitting from internal and external entrances to the Westmoreland Shopping Centre, together with three flats on the upper three floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Address Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Unit 23/24 Ground Retail
162.10
(1,744)
CREW CLOTHING CO. LIMITED
(1)
5 years from 17/01/2025
(3)
£27,500
-
Unit 25 Ground
First
Retail
Ancillary
91.70
49.10
(987)
(528)
CEX (FRANCHISING) LTD
(2)
10 years from 21/07/2025
(4)
£17,500
21/07/2030
Jubilee Apartments 1 First 1 bed flat
75.00
(807)
INDIVIDUAL Periodic Tenancy
£9,540
 
Jubilee Apartments 2 First 2 bed flat
59.00
(635)
INDIVIDUAL A term of years 12/03/2107
Peppercorn
 
Jubilee Apartments 3 Second 2 bed flat
91.00
(979)
INDIVIDUAL Periodic Tenancy
£11,400
 
Total    
527.90
(5,680)
   
£65,940
 

N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). The residential floor areas stated above are those published in the EPC's.
(1) Crew Clothing is a British clothing retailer that specialises in casual wear with 135 stores across the UK (https://www.crewclothing.co.uk)
(2) CeX is the UK’s biggest second-hand electronics and entertainment specialist and expanded over 30 years to more than 600 stores worldwide, spanning over 11 countries including the UK, Ireland, Spain, Portugal, Mexico, The Canaries, Malaysia, Australia, India and Italy (www.uk.webuy.com/).
(3) The lease provides a Tenant option to determine on 17/01/2028 upon serving 6 months notice.
(4) The lease provides a Tenant option to determine on 20/07/2030 upon serving 6 months notice.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Archie MartineArchie Martine +44 (0)20 7034 4858 +44 (0)7377 803 408archie.martine@acuitus.co.uk
Seller's Solicitors
Hanover Law 9th Floor, Ship Canal House, 98 King
Manchester
M2 4WU
Shauna Thompson 0161 510 2900shauna.thompson@hanoverlaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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