Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a large prominent building located on one of the principal tourist street in Kendal.
Arranged across ground, first and second floors, the property is let in its entirety to the Kendal Bed Centre Limited paying a rent of £24,000 per annum on a lease that expires 11/08/2026.
The tenant is currently holding over and there is therefore an opportunity to explore development/conversion of the upper parts to alternative uses, including residential (subject to obtaining the requisite consents). Draft plans have been drawn up for a conversion to provide 2 x flats and can be provided upon request.
Situated on Stramongate, the property occupies a prominent position on one of the principal tourist and retail streets in Kendal. The property is adjacent to Stramongate Bridge, which is the principal pedestrian crossing of the River Kent and also the main pedestrian access to Central Kendal from the station. Kendal is considered the gateway to the Lake District National Park and sees high volumes of footfall throughout the year.
Tenure
Freehold
Tenancy
The property is let in its entirety to the Kendal Bed Centre Limited on a lease which expires 11/08/2026. The lease is on full repairing and insuring terms paying a rent of £24,000 per annum.
The lease is within the Security of Tenure provisions of the Landlord and Tenant 1954 Act.
Planning
Whilst there are no extant planning consents, the upper parts of the property may be suitable for conversion to alternative uses, including residential.
Draft plans have been drawn up for a potential conversion to provide 2 x two bedroom flats in addition to 3 two bedroom cottages in place of the rear ground and first floor showroom (subject to obtaining the requisite consents).
Rent