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Barclays Bank, 9 Highgate, Cumbria, LA9 4DA

Guide Price
£1,100,000

Business rates & charges may apply

BidX1 Commercial, London
SIZE

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SECTOR

High street retail property for sale

Key features

  • Freehold Bank investment (undergone large refurbishment programme)
  • Let to Barclays Bank who have been in occupation since 1969
  • Attractive town centre location
  • Currently producing £87,400 per annum 
  • NO VAT applicable
  • Reflecting a gross yield of 9.2% gross yield 

Description

An attractive six storey period building of traditional construction built in 1873. It totals about 889.10 sq m (9,571 sq ft) and underwent a major refurbishment. Barclays Bank have been in occupation since 1969 and currently use the ground floor as the main banking hall with the upper floors as ancillary offices. There are 6 car parking spaces to the rear. 


Location:

Kendal is a market town and civil parish in the South Lakeland District of Cumbria. Historically in Westmorland, it lies 8 miles south east of Windermere, 19 miles north of Lancaster, 23 miles north east of Barrow-in-Furness and 38 miles north west of Skipton, in the dale of the River Kent, from which comes its name. Kendal is the main gateway town to the Lake District, with excellent road access with the A65 joining the M6, and nearby A501 to Windermere. The property is located on the east side of Highgate between its junction with Finkle Street and Lowther Street. Nearby occupiers include Boots, Savers, Greggs and Bank of Scotland.

Barclays Bank, 9 Highgate, Cumbria, LA9 4DA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kendal Station0.4 miles
  • Oxenholme Lake District Station1.9 miles
  • Burneside Station2.0 miles

Notes

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Disclaimer - Property reference 97548. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BidX1 Commercial, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1 Commercial, London on 020 3909 9740.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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