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Retail Property (high street) for sale

19 Crescent Road, Windermere, LA23 1EA

Removed £395,000

Property Description

Full description

Tenure: Freehold

The shop is currently let on a 10 year FRI lease to Gregg´s at on an annual rent of £13,000 per annum. Above the shop with a separate entrance vestibule adjacent to the shop is the shared entrance to the two flats, both flats are vacant at present but have an assured shorthold letting history with the first floor bedsit flat rented at £450 pcm and the second floor two bedroom flat rented at £600 pcm which when all let equates to an annual total rent of £25,600.

Ground Floor Premises

Shop Sales Area
19´6 x 14´ (5.9m x 4.3m)
Currently occupied by Gregg´s Bakery, all the equipment, fixtures and fittings are owned by them. The front sales area has excellent 14ft window frontage to Crescent Road with fully height glassed windows and double opening doors into the premises. Access to useful cellarage beneath the front area of the shop.

Kitchen Area/ Stock Room/Separate WC
18´ x 10´ (5.5m x 3m)
16´ x 14´5 (4.9m x 4.4m)
16´ x 9´ (4.9 x 2.7m)
Currently wired and extracted for equipment and appliances fitted by Gregg´s. This leads onto a stock room area and follows on to a rear entrance porch/storage area with sink and two separate WC´s.

The Flats
Shared entrance vestibule with separate door to the shop give access to a hallway with stairs to the flats.

First Floor Flat (19a)
Landing leads into:

13´4 x 10´7 (4.1m x 3.2m)
Breakfast Kitchen with ample space for table and chairs. Fitted with a range of wall and base units incorporating range of equipment including built in fridge/freezer, oven and hob, stainless steel sink unit and a timber sash window and pine flooring.

Large walk in storage cupboard.

Bedroom/Sitting Room
18´ x 18´ (5.5m x 5.5m)
Extremely large room offering bedsit accommodation with large bay window onto Crescent Road with window seat, pine stripped flooring.

Three piece suite comprising panelled bath, pedestal wash basin and WC. Airing cupboard housing hot water cylinder.

Rear Entrance
Door out to a metal fire escape and stairs down to the rear of the property.

Second Floor Flat (19b)
Landing leads into private Hallway.

Sitting Room
17´11 x 10´4 (5.5m x 3.1m)
Good size living room with shallow bay window, TV point.

11´3 x 10´3 (3.4m x 3.1m)
Fitted with base units incorporating stainless steel sink unit and electric cooker point. Rear window and door to fire escape. Ample space for table and chairs.

Bedroom One
11´4 x 7´8 ~(3.5m x 2.3m)
Accessed off the Sitting Room is a standard double room with window onto Crescent Road and fitted wardrobes.

Bedroom Two
11´2 x 7´3 (3.4m x 2.2m)
Leading off hallway, a double bedroom with arched sash window, recessed cupboard.

Three piece suite comprising panelled bath, pedestal wash basin and WC. Airing cupboard with hot water cylinder.

Mains water, drainage and electric connected. No central heating, flats are individually wired for electric heating. Mains gas is available.


Flat 19a - Band A
Flat 19b - Band B
Shop Premises - Rateable value £12,500.

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