Royal Square, Windermere, Cumbria, LA23 3DB
- SIZE AVAILABLE
1,873 sq ft
174 sq m
- SECTOR
Restaurant for sale
- USE CLASSUse class orders: A3 Restaurants and Cafes and A5 Hot Food Take away
A3, A5
Key features
- INVESTMENT HIGHLIGHTS
- Approximately 1.75 years to lease expiry
- Tenant on FRI Lease with no schedule of condition attached
- Large two bedroom residential unit on the top floor with great views of Lake Windermere and Lake Road
- Building suitable for a variety of commercial and residential uses
- Scope to increase passing rental value
- Prominent location on Lake Road and the corner of Ash Street
- Excellent trading pitch
- Excellent footfall
- Well established hotels, restaurants, bars, high street retailers surround the property
Description
The property is prominently positioned on Lake Road and the corner of Ash Street,leading to
the town's lake promenade, which is arguably one of the main tourist attractions in Bowness and the busiest parts of the town and Lake District in general. Bowness Bay and Lake Windermere lie a short distance away.
The trading position lies on the main shopping pitch and close to a couple of restaurants. Due to
the large tourist numbers visiting the lake, footfall remains extremely strong, particularly during holiday periods, during which many people pass by these buildings.
DESCRIPTION
Internally, the ground floor provides a mostly square unit with windows.
The first floor provides further seating areas, a bar area, two WCs and a store.
Access to the second-floor residential flat is via an integral staircase off the first-floor restaurant area corridor. The residential flat provides two bedrooms, a living room, kitchen and bathroom. The space has good levels of natural light. The basement areas provide storage accommodation.
SERVICES
We understand mains water, gas, electricity and drainage are connected to the property.
SALE PRICE
£850,000 for the sale of the freehold investment.
VAT
No VAT is payable on the sale price.
Energy Performance Certificates
EPC 1Brochures
Royal Square, Windermere, Cumbria, LA23 3DB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Windermere Station1.3 miles
- Staveley Station4.2 miles
Notes
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