Log In/Sign up
Your email has been sent.
36 Stramongate 779 sq ft Retail Property Kendal LA9 4BN £139,950 (£179.65/sq ft)
Investment Highlights
- Prominent Corner Position
- Let to 2033 passing rent £12,000 pa
- Return Glazed Frontage
- £139,950 for the Long Leasehold
Executive Summary
Occupying a prominent corner position at 36 Stramongate, the property comprises a self-contained ground floor retail unit benefiting from a glazed return frontage to both Stramongate and Blackhall Road.
The property offers Kitchen and WC facilities within. The property is currently let to Kendal Vapes on a 10 year lease commencing 7 June 2022 and currently produces a rental income of £12,000 per annum.
A service charge is payable in respect of the property, currently £120 per calendar month, which is fully recoverable from the tenant. The cost of the buildings insurance is also recharged to the tenant. The property is held on a long leasehold interest and is offered for sale, subject to the existing tenancy, at an asking price of £139,950.
The property offers Kitchen and WC facilities within. The property is currently let to Kendal Vapes on a 10 year lease commencing 7 June 2022 and currently produces a rental income of £12,000 per annum.
A service charge is payable in respect of the property, currently £120 per calendar month, which is fully recoverable from the tenant. The cost of the buildings insurance is also recharged to the tenant. The property is held on a long leasehold interest and is offered for sale, subject to the existing tenancy, at an asking price of £139,950.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
779 sq ft
Costar Property Class
C
Year Built
1835
Price
£139,950
Price per sq ft
£179.65
Tenancy
Single
Number of Floors
3
Plot ratio
0.89
Total Plot Size
0.02 ac
Frontage
Amenities
- 24 Hour Access
- Storage Space
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
36 Stramongate
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.