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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
  • Listing ID: 33446246

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: Main Rd, Windermere LA23 1DX

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