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53 Highgate
1,082 SF Office/Retail Unit Offered at £275,000 in Kendal
Investment Highlights
- Potential for conversion of the upper floors to residential, subject to change of use consent
- Close to local amenities
- Excellent location
Executive Summary
The property is situated towards the northern end of Highgate in the heart of Kendal town centre, which is in South Lakeland, South Cumbria and in the North West of England. Kendal is the principal town of South Lakeland and is situated just outside of the southern boundary of the Lake District National Park only 6 miles from Junctions 36 and 37 of the M6 Motorway. The town has a resident population of 29,495 (2011 Census) and is a popular tourist destination being 10 miles south of Windermere. The town has a weighted retail catchment in excess of 50,000 people and a greater district catchment in excess of 102,000. The district’s Class Grouping indicates that in excess of 50% of the catchment area is of A, B or C demographic.
Property Facts
| Price | £275,000 | Sale Type | Owner User |
| Unit Size | 1,082 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 5 |
| Total Building Size | 1,082 SF | Typical Floor Size | 355 SF |
| Property Type | Retail (Unit) | Year Built | 1800 |
| Property Subtype | Storefront Retail/Residential |
| Price | £275,000 |
| Unit Size | 1,082 SF |
| No. Units | 1 |
| Total Building Size | 1,082 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Owner User |
| Building Class | B |
| Number of Floors | 5 |
| Typical Floor Size | 355 SF |
| Year Built | 1800 |
1 Unit Available
Unit 53
| Unit Size | 1,082 SF | Unit Use | Office/Retail |
| Price | £275,000 | Sale Type | Owner User |
| Price Per SF | £254.16 | Tenure | Freehold |
| Unit Size | 1,082 SF |
| Price | £275,000 |
| Price Per SF | £254.16 |
| Unit Use | Office/Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
The property comprises a five-storey, mid-terrace, stone and slate building, with a
retail unit at ground floor, three floors of separately accessed offices above as well
as basement storage. The ground floor incorporates a traditional timber framed shop
façade with pedestrian entrance to one side, there are mainly sash windows to the
first, second and third floors and a dedicated entrance to the offices from Yard 57 on
the south side of the premises.
Sale Notes
Offers invited in excess of £275,000 exclusive (of purchaser costs) and no VAT payable,
equating to a low capital value rate of circa £118 per sq ft on the net internal area and
excluding the basement accommodation.
Amenities
- 24 Hour Access
- Security System
Nearby Major Retailers
Presented by
53 Highgate
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