82 Stramongate, Kendal, Cumbria, LA9 4BD

For Sale by Online Auction on 17th March at 09:00.

Auction ends 19th March at 14:50

£70,000

Description
A shop/office occupying a prominent roadside location close to Bridge Mills and Riverside Hotel, in the popular market town of Kendal.

The property comprises a recently refurbished ground floor shop/office with front sales/office and rear ancillary accommodation, kitchen and WC. The unit is ready for immediate occupation, and is ideal for owner-occupation or a small investor wishing to let out the property and derive an income and is likely to be suitable for a small pension fund/SIPP purchase.

The property offers the following accommodation:-

Accommodation
Internal width: 9.25 m, 30'4"
Total sales area: 110.1 sq m, 1,186 sq ft
Total internal area: 110.10 sq m, 1,186 sq ft
Plus wc and whb and also kitchen area with sink.

Terms
The property is available for sale with vacant possession on the balance of a 999 year lease. There is a service charge contribution to the main structure of the buildings at 82-86 Stramongate, comprising shops & flats, and an annual ground rent. See legal pack for further information.

Rating Assessment
We are advised that the property is assessed for rates as follows:-

Rateable value £11,750
UBR 49.9p (2024/2025)

Applicants are advised to make their own enquiries of the local rating authority, Westmorland & Furness Council.

NB. Under the current business rate regime, it is likely that a qualifying occupier of the subject property would benefit from small business rate relief, meaning that zero rates would be payable. Bidders should make their own enquiries in this regard.

Energy Performance Certificate
The property has an energy performance asset rating of '42-B'

VAT
The property is registered for VAT so VAT will be payable on any purchase price.

Location
The subject property is situated in a prominent roadside position close to the Bridge Mill offices, Sand Aire House, Stramongate offices and a short walk from the main retail centre of Kendal. The property is immediately adjacent to the entrance to Bridge Mills, and offers a prominent frontage to Stramongate, part of the town's main one-way system.

Kendal is an attractive market town known as the Gateway to the Lakes' situated in south Cumbria and between the Lake District and Yorkshire Dales National Parks. The town has a resident population of approximately 40,000 but draws on a much wider catchment incorporating surrounding towns and villages and is the administrative centre for South Lakeland. The town is the main service centre for south Lakeland and is situated approximately 8 miles from access to the M6 motorway at Junction 36, 8 miles from Windermere, 52 miles south of Carlisle and 23 miles north of Lancaster.

Auctioneer's Note
The successful bidder will pay a buyer's contract fee on exchange of contracts of:
£900 including VAT for purchases upto and including £100,000.
£1,500 including VAT for purchases of £101,000 to £300,000.
£2,100 including VAT for purchases of £301,000 and above.
This fee is only payable by the successful bidder.

Viewing
Strictly by appointment through Peill & Company or

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.