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Royal Square Lake Road 1,750 sq ft Retail Property Windermere LA23 3DB £850,000 (£485.71/sq ft)
INVESTMENT HIGHLIGHTS
- Bowness on Windermere is one of Cumbria’s most popular tourist destinations and benefits from close access to the other popular town of Windermere.
- The nearby town of Windermere, within 1 mile of Bowness, benefits from a railway station, which links to Oxenholme and the West Coast main line.
- The town sees high levels of visitor numbers most of the year round.
EXECUTIVE SUMMARY
PRIME PREMISES IN THE HEART OF THE LAKE DISTRICT NATIONAL PARK
£850,000 for the sale of the freehold investment.
No VAT payable on the sale price
INVESTMENT HIGHLIGHTS
* Approximately 1.75 years to lease expiry
* Tenant on FRI Lease with no schedule of condition attached
* Large two-bedroomed residential unit on the top floor with great views towards Lake Road and Lake Windermere
* Building suitable for a variety of commercial and residential uses
* Scope to increase passing rental value
Full details can be found in the attached marketing particulars attached.
£850,000 for the sale of the freehold investment.
No VAT payable on the sale price
INVESTMENT HIGHLIGHTS
* Approximately 1.75 years to lease expiry
* Tenant on FRI Lease with no schedule of condition attached
* Large two-bedroomed residential unit on the top floor with great views towards Lake Road and Lake Windermere
* Building suitable for a variety of commercial and residential uses
* Scope to increase passing rental value
Full details can be found in the attached marketing particulars attached.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,750 sq ft
Costar Property Class
C
Year Built
1878
Price
£850,000
Price per sq ft
£485.71
Tenancy
Single
Number of Floors
4
Plot ratio
2.05
Total Plot Size
0.02 ac
Frontage
25 ft on Lake Road
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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Royal Square | Lake Road
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