£695,000
(£192.63/sq. ft)
Retail premises for saleCrescent Road, Windermere LA23
3,608 sq. ft
About this property
A prominent freehold investment
Currently let to local Solicitors on a 4 year and 5 months lease
The Property does not include the ground floor corner shop
Comprising an attractive stone and slate building
Extending to an approximate Net Internal Area of 5,843 sq ft
Offered freehold with the benefit of the existing lease agreement
Guide price of £695,000
The subject property is in a prime position on Crescent Road in the tourist village of Windermere in the Lake District National Park, Cumbria, in the North West of England.
Windermere is an attractive 'honey pot' town situated close to the eastern shore of Lake Windermere, 8 miles to the west of Kendal and 14 miles from Junction 36 of the M6 Motorway.
Windermere is known as Cumbria's most popular tourist destination and is effectively one large settlement with Bowness-on-Windermere having a resident population of circa 12,000 (2021 Census)
Crescent Road is the premier location in the town centre and is the main A5074 route travelling from the A591, a short distance to the north, through to Bowness-on-Windermere, circa 1 mile away. The train station, bus interchange and the A591 are approximately 100m to the north giving good access to Kendal, the M6 and Ambleside. Ample car parking in Broad Street and at Booths Supermarket, close by.
The local vicinity has a vibrant mix of leading high street retailers including Boots, Greggs, tg Jones, Booth Supermarket and a variety of bars, restaurants, cafes, gift shops, leisure outlets and independent shops.
Location Plan & Site Plan here
Description
25 and 25A Crescent Road provide an attractive and imposing mid-terrace three storey linked retail and office premises of traditional stone construction, incorporating two ground floor shops with separate entrances, upper floor office accommodation, a large stone-built workshop/store of two storey stone construction (with planning permission to convert into residential accommodation) and car parking for 3/4 vehicles.
25 Crescent Road
25 Crescent Road is arranged as an open plan retail shop, over two levels; rear, self-contained office and side hallway to a rear store and WC. An attractive pitch pine staircase leading to the first floor accommodation which is arranged as 8 self-contained and interlinked offices of varying sizes, store, strongroom, male and female WC's and kitchen. The second floor, accessed by a separate staircase is arranged as 3 self-contained offices and file store (limited head height in part).
The accommodation is presented to a good internal specification for retail/office use and provides a mixture of carpet tile and wood effect laminate flooring, plaster painted walls and ceiling, a range of lighting, alongside modern kitchen and toilet facilities.
To the rear is an attached stone-built rear store which is arranged as an open plan ground floor store with a side pedestrian entrance into a lobby leading to a secure storage room and timber staircase to first floor open plan storage accommodation.
To the front of the rear store is secure parking for 3/4 vehicles.
25A Crescent Road
Forming part of the same building, 25A Crescent Road provides an open plan shop, rear store, WC and basement level storage.
The accommodation is presented to a good internal specification providing open plan retail space, storage accommodation and WC facilities and interconnects with 25 Crescent Road.
Development opportunities
The large rear workshop/store has planning permission for residential conversion, under the Lake District National Park planning reference 7/2002/5100, which is understood to be extant.
Details in respect of the planning permission are available upon request or from the Lake District National Park Authority planning portal.
25a is currently sub-let by the existing Tenants. The remainder of 25 Crescent Road has for many years been used as an Estate Agency/Solicitors Office.
The upper floors were originally occupied for residential use. It has large attractive rooms with good access to both Crescent Road and the rear yard. Its prominent position on Crescent Road, attractive frontage and flexible internal layout make it suitable for a wide range of office, residential, retail or hospitality use - subject to normal permissions.
An indicative scheme for conversion of the upper floors to residential use is available upon request.
Accommodation
The property provides the following approximate net internal floor areas:
25 Crescent Road
Ground Floor 47.81m2 (515 sq ft)
First Floor 152.49m2 (1,641 sq ft)
Second Floor 49.83m2 (536 sq ft)
Second Floor Store 11.42m2 (123 sq ft)
Total Approximate Net Internal Area 261.55m2 (2,815 sq ft)
25A Crescent Road
Ground Floor 42.50m² (457 sq ft)
Basement Storage 31.13m² (335 sq ft)
Total Approximate Net Internal Area 73.63m² (792 sq ft)
Overall Approximate Net internal Area 335.18m2 (3,608 sq ft)
The rear workshop and store have been measured on a gross internal area basis, as follows:
Workshop/Store
Ground Floor 72.93m2 (785 sq ft)
First Floor 72.27m2 (778 sq ft)
Total Approximate Gross Internal Area 145.20m2 (1,563 sq ft)
Services
The property is connected to mains electricity, water, gas and the mains drainage/sewage system.
The services have not been tested and therefore should not be relied upon.
Tenancy/lease information
The property is let to Thomson Hayton Winkley Limited (Company Number: 7033419) by way of a renewal lease. Thomson Hayton Winkley are one of the largest solicitor practices in the South Lakes region and have been in occupation for over 12 years. The property has been continuously occupied by prominent legal practices for over 25 years.
The premises are let by way of an internal repairing and insuring lease, for a term of 4 years and 5 months from 26 April 2025, with approximately 3 years, 11 months unexpired term. The passing rental is £47,500 per annum exclusive and is subject to a rent review on 26 April 2028.
A copy of the lease agreement can be provided upon application.
It is advised that Thomson Hayton Winkley Limited underlet 25A Crescent Road to National Park Print Shop, on a lease agreement which is contracted out of the provision of the Landlord and Tenant Act 1954 which expires prior to the end of the above lease agreement.
Rateable value
It is understood from the voa website that the property is assess for Rateable Value purposes as follows:
25 Crescent Road - £20,250 and is described as a shop and premises.
25A Crescent Road - £9,600 and is described as a shop and premises.
Energy performance certificate
25 Crescent Road has an Energy Performance Rating of E108 and the certificate is valid until 1 July 2029.
25A Crescent Road has an Energy Performance Rating of C62 and the certificate is valid until 10 August 2032.
A copy is available on application or to download from the Government's online EPC database.
Proposal
The property is offered freehold subject to the above lease agreement, at a guide price of £695,000 exclusive.
Please note that the sellers are not obligated to accept the highest or any offer and are free to amend the details as they require without prior notice.
VAT
It is advised that the land and property is not elected for VAT and therefore it is assumed that the sale will not attract VAT.
Legal costs
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
Money laundering regulations
The successful purchaser(s) should be aware that they will be required to provide the vendors agent with documents in relation to Money Laundering Regulations. Further details are available upon request.
Viewing
The premises are available to view by prior appointment with Edwin Thompson llp. Contact:
Joe Ellis - at our Windermere office.
Amelia Todd - at our Windermere office.
Important notice
Edwin Thompson for themselves and for the Vendor/Landlord of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.
3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
5. These particulars were prepared in November 2025.
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