Investment Consideration:
Vacant possession
VAT is applicable to this property
Comprises mid-terrace public house with owner`s accommodation and letting rooms
Planning approved in June 2023 for conversion of letting rooms and owner`s accommodation to 3 x Self-Contained Flats (C3) and retaining public house at ground and first floor
Property benefits from large rear yard
Town centre location with occupiers nearby including Lloyds, Nationwide and many more.
Property Description:
The ground floor consists of a central entrance off the main street into a main open split level open-plan lounge and public bars (50ppl), served by a centrally located wooden bar servery. Rear porch providing access to the enclosed rear yard. Full commercial kitchen (equipped). Separate double-bedroom owner's accommodation including a separate lounge and residential kitchen. Also includes letting accommodation opportunity with four good sized bedrooms (communal showers), and a further 3 bedrooms within the roof void.
Total area size 557 sq m (6,000 sq ft)
Development Opportunity:
Planning approved (SL/2023/0051) for conversion of letting rooms and owner`s accommodation to 3 x Self-Contained Flats (1 x 1-Bed, 1 x 2-Bed and 1 x 3-Bed), providing the following accommodation and dimensions:
Approved Residential:
Rear Ground Floor Flat 1: 46 sq m (495 sq ft)
Bedroom, Kitchen/Living Room, Bathroom
First Floor Flat 2: 107 sq m (1,152 sq ft)
3 Bedrooms, Kitchen/Living Room, 3 Bathrooms
Second Floor Flat 3: 61 sq m (657 sq ft)
2 Bedrooms, Kitchen/Living Room, Bathroom
Approved Commercial:
Ground Floor Pub: 136 sq m (1,464 sq ft)
First Floor Kitchen/Store: 58 sq m (624 sq ft)
Basement Storage/Cellar
Total Approved Residential Area: 214 sq m (2,304 sq ft)
Total Approved Commercial Area: 194 sq m (2,088 sq ft)
Location:
Kendal is a market town and civil parish, 8 miles south-east of Windermere and 19 miles north of Lancaster. Kendal railway station lies on the Windermere Branch Line, with connections to Windermere to the north, and to Oxenholme Lake District station (on the West Coast Main Line) and Lancaster railway station to the south. Kendal is about 13 kilometres (8 mi) from the M6 motorway. It is bypassed on the west side by the A591 road, linking it to Windermere and Keswick, and by the A590 leading to Barrow.
