Land for sale in 11 Finkle Street, Kendal LA9

Offers in region of £375,000 (£5,058,570.53/ac)
Interested in this property? Call +44 131 268 9827 * or Request Details

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Land for sale

0.1 ac*

Property 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

Property description

Lloyds Bank Investment, 11 Finkle Street, Kendal

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.

Description

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.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
DM Hall, EH12 on +44 131 268 9827 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by DM Hall, and do not constitute property particulars. Please contact DM Hall for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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