For sale: Yard 34, Market Place, Kendal, Cumbria, LA9 4TN
Guide Price £97,500 INVESTMENT PROPERTY
Summary: Commercial investment opportunity in the heart of the town centre. The property is let for a term of 6 years from 1 April 2017. Present rent £10,400 p.a. Business not affected.
|Property Type||Retail Property (high street)|
|Sold Status||Under Offer|
Commercial investment opportunity in the heart of the town centre. The property is let for a term of 6 years from 1 April 2017. Present rent £10,400 p.a. Business not affected.
Central location off the Market Place.
Pedestrian access via the Yard.
Rent review with effect from 1 April 2020.
Internal repairing lease.
Permitted use as a Dance Studio.
About 916 ft2, including Cloakroom.
The business is not affected.
The property occupies a discreet location immediately to the rear of Cafe Nero in one of Kendals yards, with gated access directly off Market Place.
The historic market town of Kendal, renowned as being the gateway to the Lake District, is convenient for junctions 36 to 38 of the M6.
The town has excellent shopping, leisure and cultural amenities and is popular with tourists, being on the southern periphery of the Lake District.
|Dimensions Include The Dance Studio:||32'4" x 28'4" (9.86m x 8.64m). |
|Cloakroom:|| Wash hand basin and W.C.|
85.10 sq.m (916 sq.ft)
The property has pedestrian rights of access across the yard onto which it fronts.
Mains water, electricity and drainage.
Leased to Ms B Carr trading as a Dance School, on the terms of a 6 year lease commencing on 1 April 2017, at a rental value of £10,400 per annum. The lease is an internal repairing lease. The Tenant pays the landlord an Insurance Rent.
£4,054.20 per annum.
Strictly by appointment through our Kendal Office.
Viewings can only be undertaken on a Monday to Friday - Before 3pm, as there are dance classes taking place at all other times.