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Agent's details

INVESTMENT FOR SALE - 23 MARKET PLACE, KENDAL LA9 4TP

For sale: £395,000.00|111.96 Sq M|Retail

Property details

FOR SALE£395,000.00
SIZE111.96 Sq M
ADDRESS23-25 Barnardo's, Market Place, Kendal, LA9 4TP
TYPERetail
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON13th November 2018

Description

***No Business Rates payable on this property*** until at least 31st March 2021 in conjunction with the Government’s Business Rates Holiday scheme.


An exciting opportunity to acquire an attractive prime retail unit located in Kendal Town Centre.

Let to Barnado’s with 8 years until lease expiry and incorporation of an upward only rent review at the end of year 5.

Passing rent of £30,000 per annum exclusive.

Further information is available by contacting the agent directly.

For Sale as an Investment. Offers in the region of £395,000 are invited for the freehold interest. A sale price at this level reflects a net initial yield of 7.2% based on purchaser costs of 5.8%

Location

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Location: 23-25 Barnardo's, Market Place, Kendal, LA9 4TP

Kendal (0.3 miles)

Oxenholme Lake District (1.8 miles)

Burneside (2.0 miles)

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