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Investment property with vacant retail premises

Kendal, LA9 - Get Access

Description

Investment property. Large, vacant retail premises located in the heart of Kendal town centre with a double fronted shop window. The property is over 3 floors with a total net area of 1654 sq ft. Good investment property. Accommodation comprises a ground floor measuring 815 sq ft, a landing area of 19 sq ft, a first floor of 364 sq ft, and a second floor of 456 sq ft. The property benefits from an Energy Efficiency Rating of C and falls under the Westmorland and Furness Council local authority.
Comparable sales
Flat 3, 27 - 29, Market Place, LA9 4TP 0.0 mi
Flat • Mid-Terrace 2 rooms EPC E (2019)
366 sq ft
£125,000
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Flat 1, Halls Yard, Stricklandgate, LA9 4RF 0.0 mi
House • Mid-Terrace EPC C (2022)
1,615 sq ft
£145,000
11 months ago
Yard 23, 12 Beacon Buildings, Stramongate, LA9 4BH 0.0 mi
Flat
£147,000
10 months ago
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 775 sq ft (EPC)

This multi-level commercial property sits in the heart of Kendal town centre. The evaluation applies a baseline rate per square foot suitable for central high street retail space, referencing the internal valuation floor area of 775 sq ft. A proportionate adjustment is made to reflect the fair condition and required remedial works identified on the upper floors and exterior facade.

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