Highgate, Kendal, Cumbria, LA9

LOCATION

The property is located on Highgate which is in Kendal town centre and one of the main retailing areas.

Kendal is the principal town of South Lakeland and is situated just outside of the southern boundary of the Lake District National Park only 6 miles from Junctions 36 and 37 of the M6 Motorway. The town has a resident population of 29,495 (2011 Census) and is a popular tourist destination being 10 miles south of Windermere. The town has a weighted retail catchment in excess of 50,000 people and a greater district catchment in excess of 102,000. The district's Class Grouping indicates that in excess of 50% of the catchment area is of A, B or C demographic.

Oxenholme Train Station which is situated on the West Coast main railway line is located 3 miles to the south providing direct services to London (approximate journey time 2 hours 50 minutes) and Glasgow (1 hour 45 minutes).

Highgate forms part of the A6 and main route in to Kendal, being a one-way system, popular with a range of retailers, leisure businesses and professional services. The subject property is situated at the southern end of the town centre, adjacent to the junctions of Gillinggate and Dowker's Lane. Abbott Hall and the River Kent are around 100 metres to the east and Kendal Brewery Arts Centre is a similar distance to the north west with the main prime retail core, circa 400 metres to the north. There are a number of public car parks within the immediate vicinity offering pay and display and contract parking.

Kendal has a lively town centre which benefits from local and tourism trade from the Lake District National Park with a good mix of local, regional and national retailers and leisure outlets. As well as all year-round tourism, Kendal benefits from a number of festivals and events.

The attached GOAD plan shows the location of the premises and the surrounding area (for identification purposes only).

DESCRIPTION

The property comprises a mid-terrace, two-storey office/retail building, thought to be of stone construction, rendered and painted externally underneath a pitched slate roof. The premises incorporate a central front timber pedestrian door from Highgate and traditional timber framed single glazed shop frontage to one side as well as a mixture of timber framed and double glazed sash and more modern windows.

Internally, the accommodation is arranged with a ground floor sales area, separate rear office that could be knocked into the front shop, WC and understairs storage. There is a mixture of timber effect laminate and timber panel flooring, part plaster painted/feature wallpapered walls, plaster painted ceiling, LED panel and spot lighting, wall mounted electric radiators and door to rear yard.

The first floor has been fitted out to modern offices, reached via a wide staircase, having carpeted floors, plaster painted walls and ceiling with exposed timber trusses, LED panel lighting, wall mounted electric radiators, feature fireplace and benefiting from a fitted kitchen and further WC with shower facility.

The attic is arranged in two areas, accessed via staircases and providing useful storage with natural light from skylights as well as traditional lighting and electric points.

Externally, there is an enclosed yard which is accessed from covered archway to one side or from the rear porch of the building.

The premises currently has planning approval for use as an office but was previously a self-contained retail unit at ground floor and residential flat at first and attic levels and could be converted back to these uses, subject to gaining change of use.

ACCOMMODATION

The property provides the following approximate net internal floor areas:

Ground Floor 43.03m² (463sq ft)
First Floor 40.44m² (435sq ft)
Attic 17.42m² (188sq ft)
Total 100.89m² (1,086sq ft)

SERVICES

The unit is connected to mains electricity, water and the mains drainage/sewage system.

RATEABLE VALUE

The property has two assessments, the ground floor has a Rateable Value of £5,000 and the upper floors is assessed at a Rateable Value of £4,800 with estimated rates payable across the whole property of £4,890 for the year 2021/2022 although the premises may qualify for small business rate relief subject to the required criteria.

Prospective occupiers should check the exact rates payable with South Lakeland District Council.

ENERGY PERFORMANCE CERTIFICATE

The building has an Energy Performance Asset Rating of D76 and a copy of the certificate is available to download from the Edwin Thompson website or can be provided upon request.

PROPOSAL

The land and property are available freehold with offers in excess of £195,000 invited.

Alternatively, the premises are available by way of a new full repairing and insuring lease for a term to be agreed and at a commencing rental of £12,000 per annum exclusive.

VAT

All figures quoted are exclusive of VAT where applicable.

LEGAL COSTS

Each party to bear their own legal costs in the preperation and settlement of the sale/lease documentation together with any VAT thereon.

VIEWING

The unit is available to view by prior appointment with Edwin Thompson LLP. Contact:

John Haley / Suzie Barron.

IMPORTANT NOTICE

Edwin Thompson for themselves and for the Vendor/Landlord of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.
3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
5. These particulars were prepared in July 2021.