Main Rd | Windermere LA23 1DX
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- LoopNet Team
Main Rd
Windermere LA23 1DX
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime convenience store let to Sainsbury’s Supermarkets Ltd with dedicated 16 space customer car park.
- Let at £175,000 pa until 2040 with 5 yearly reviews to CPI (1%-4%) offering guaranteed rental growth.
- Net initial yield 5.48% after purchaser’s costs of 6.45%.
- Windermere is one of the busiest locations in the Lake District with up to 300,000 tourists on a peak summer weekend.
- Offers in excess of £3,000,000 subject to contract.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Property Size
8,537 sq ft
Costar Property Class
B
Year Built
1980
Tenancy
Single
Number of Floors
2
Plot ratio
0.40
Total Plot Size
0.48 ac
Frontage
64 ft on Main Road
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Roller Shutters
- Storage Space
- On-Site Security Staff
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