Commercial Properties For Sale by EDWIN THOMPSON, Windermere Office
9 results
A freehold town centre investment in the heart of the desirable market town of Kendal. The tenant has advised that they are willing to enter a new 10 year lease with a 5 year break option, at the current passing rental. Current passing rent £57,000 per annum, exclusive.
Modern Storage and Distribution Warehouse Unit with generous dedicated loading yards, car parking and storage land. Refurbished throughout in 2024. Situated on an established trading estate with excellent transport links. An approximate Gross Internal Area of 5,913 sq ft.
We are instructed to seek offers in excess of £595,000 Five Hundred and Ninety Five Thousand Pounds)subject to contract and exclusive of VAT. A purchase at this level reflects a Net Initial Yield of 6.80% assuming purchaser's costs of 5.04%.
Prime ground floor retail unit with rear two storey warehouse stockroom/staff facilities, a large well appointed ground and first floor, three bedroom maisonette apartment and a separate detached rear two storey retail warehouse and courtyard.
Unique premises providing approximately 5,113 sq ft with potential for redevelopment, subject to planningGround Floor Retail opportunities - approximate GIA 1,292 sq ftUpper Floors - approximate GIA 2,788 sq ftIncludes Basement Accommodation - approximate GIA 1,033 sq ft