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114-116 Stricklandgate 5,843 sq ft Office Property Kendal LA9 4QA £675,000 (£115.52/sq ft) 8.02% Net Initial Yield

INVESTMENT HIGHLIGHTS
- Great location
- Attractive stone and slate building
- Public transport access
EXECUTIVE SUMMARY
The tenant has advised that they are willing to enter a new 10 year lease with a 5 year break option, at the
current passing rental.
current passing rental.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
5,843 sq ft
Costar Property Class
B
Year Built
1900
Price
£675,000
Price per sq ft
£115.52
Yield
8.02%
NOI
£54,135
Tenancy
Single
Number of Floors
4
Typical Floor Size
1,461 sq ft
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114-116 Stricklandgate
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