Guide price
£147,500
(£270.15/sq. ft)
Retail premises for saleInvestment - 36 Stramongate, Kendal, Cumbria LA9
546 sq. ft
Freehold
About this property
The property is a self contained ground floor retail unit with return frontage and attractive window displays. The property has a kitchen and WC at the rear, and an externally accessed store.
Location
Kendal is situated in south Cumbria and lies approximately 8 miles from Windermere, 50 miles south of Carlisle and 25 miles north of Lancaster. The M6 motorway junctions 36 and 37 are approximately 6 miles north and south of the centre of the town. Kendal has a resident population of approximately 30,000 but enjoys significant tourist trade throughout the year due to its proximity to the Lake District and Yorkshire Dales National Parks.
36 Stramongate is a ground floor retail unit situated in a prominent corner position at the junction of Stramongate and Blackhall Road in the heart of Kendal town centre.
The location of the subject property is shown circled red on the plan adjacent.
Accommodation
This property has been measured and extends to the following approximate areas:
Terms
The long leasehold interest is offered for sale at a sale price of £147,500.
Tenant
The property is currently let to e-cigarette operator Kendal Vapes at a rent of £12,000 p.a. And the lease expires in June 2033. In addition, the monthly service charge of approximately £124 is payable by the tenant.
Services
The property is connected to mains water, electricity and drainage.
Business Rates
The Valuation Office Agency website describes the property as shop and premises with a 2023 List Rateable Value of £12,500.
The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.
Planning
We understand the property holds planning permission under Use Class E but may be suitable for other uses subject to obtaining all necessary consents.
EPC
The property benefits from an Energy Performance Asset Rating of b-48.
VAT
We understand VAT is not payable on the purchase price.
Location
Kendal is situated in south Cumbria and lies approximately 8 miles from Windermere, 50 miles south of Carlisle and 25 miles north of Lancaster. The M6 motorway junctions 36 and 37 are approximately 6 miles north and south of the centre of the town. Kendal has a resident population of approximately 30,000 but enjoys significant tourist trade throughout the year due to its proximity to the Lake District and Yorkshire Dales National Parks.
36 Stramongate is a ground floor retail unit situated in a prominent corner position at the junction of Stramongate and Blackhall Road in the heart of Kendal town centre.
The location of the subject property is shown circled red on the plan adjacent.
Accommodation
This property has been measured and extends to the following approximate areas:
Terms
The long leasehold interest is offered for sale at a sale price of £147,500.
Tenant
The property is currently let to e-cigarette operator Kendal Vapes at a rent of £12,000 p.a. And the lease expires in June 2033. In addition, the monthly service charge of approximately £124 is payable by the tenant.
Services
The property is connected to mains water, electricity and drainage.
Business Rates
The Valuation Office Agency website describes the property as shop and premises with a 2023 List Rateable Value of £12,500.
The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.
Planning
We understand the property holds planning permission under Use Class E but may be suitable for other uses subject to obtaining all necessary consents.
EPC
The property benefits from an Energy Performance Asset Rating of b-48.
VAT
We understand VAT is not payable on the purchase price.
Mortgage calculator
Monthly repayment
£737 per month
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