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11 Finkle Street, Kendal, LA9

Offers in Region of
£375,000

£115.92 per sq ft

Business rates & charges may apply

DM Hall, Edinburgh
SIZE AVAILABLE

3,235 sq ft

301 sq m

SECTOR

Commercial development for sale

Key features

  • Bank investment at a very attractive yield
  • Prime position in a pedestrianised town centre location.
  • Full repairing and insuring lease yielding 8.66% gross with no tenant breaks.
  • ASKING PRICE £375,000

Description

This property is situated on Finkle Street in the market town of Kendal in South Lakeland, Cumbria. Kendal is the administrative centre for the South Lakes, being the home of the Lake District National Park Authority and South Lakeland District Council.  Kendal is serviced by two train stations - Kendal Town and Oxenholme, giving excellent rail links to the wider national network and a town centre bus station. The national motorway network is also close at hand with junctions 36 and 37 to the south and north of the town respectively and each within 8 miles.  The Lake District National Park was awarded the coveted UNESCO World Heritage Site status in July 2017 with Kendal widely being known as being the Gateway to The Lakes.  Finkle Street is one of the main pedestrianised retail streets in the centre of Kendal and is the home to retailers such as Joules B, Virgin Money, Cumberland Building Society, White Stuff and The Works.

The property comprises an attractive stone built mid terrace banking premises with a modern banking hall to the ground floor and further ancillary accommodation to the rear, the first and second floor and the basement.  The ground floor is presently configured in part as a modern open plan banking hall with stair access off to both the basement and upper floors. To the rear at ground floor are partitioned offices and meeting rooms and access out to a small enclosed yard that leads out to a service area.  Stairs from the banking hall lead to the upper two floors that are presently used by the bank for offices and stores with ancillary staff welfare areas.  The property is currently occupied by Lloyds Bank Plc by way of a full repairing and insuring lease.

11 Finkle Street, Kendal, LA9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kendal Station0.4 miles
  • Oxenholme Lake District Station1.9 miles
  • Burneside Station2.0 miles

Notes

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Disclaimer - Property reference 11343. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DM Hall, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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