44-50 (even) Stricklandgate Kendal Cumbria LA9 4ND

44-50 (even) Stricklandgate
Kendal
Cumbria
LA9 4ND

High Yielding Freehold Retail Investment

Entirely let to WH Smith until December 2027 (subject to option)
Approx. 420.40 sq m (4,523 sq ft)
Rent rebased in 2022 (from £68,900 pa)
Prominent market square position
Adjacent to Elephant Yard and Opposite Westmorland Shopping Centre
Nearby occupiers include Pizza Express, McDonalds, Waterstones, Holland & Barrett, TK Maxx, Mountain Warehouse, Boots and Costa

Lot
27
Auction
27th March 2025
Rent
£55,000 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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High Yielding Freehold Retail Investment

Entirely let to WH Smith until December 2027 (subject to option)
Approx. 420.40 sq m (4,523 sq ft)
Rent rebased in 2022 (from £68,900 pa)
Prominent market square position
Adjacent to Elephant Yard and Opposite Westmorland Shopping Centre
Nearby occupiers include Pizza Express, McDonalds, Waterstones, Holland & Barrett, TK Maxx, Mountain Warehouse, Boots and Costa

Lot 27
Auction 27th March 2025
Rent £55,000 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 8 miles east of Windermere, 47 miles south of Carlisle, 70 miles north of Manchester
Roads: A6, A590, A684, M6 (Junction 36)
Rail: Kendal Rail Station
Air: Newcastle Airport

Situation

The property is located on the west side of the pedestrianised Sticklandgate in the heart of Kendal town centre. The property is situated immediately adjacent to the Elephant Yard Shopping Centre and opposite Westmorland Shopping Centre. Nearby occupiers include Pizza Express, McDonalds, Waterstones, Holland & Barrett, TK Maxx, Mountain Warehouse, Boots and Costa Coffee.

Tenure

Freehold.

Location

Miles: 8 miles east of Windermere, 47 miles south of Carlisle, 70 miles north of Manchester
Roads: A6, A590, A684, M6 (Junction 36)
Rail: Kendal Rail Station
Air: Newcastle Airport

Situation

Tenure

Freehold.

Description

The property comprises a double fronted shop arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a double fronted shop arranged on the ground, first and second floors.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.
Ground First Second	Retail Ancillary Ancillary	205.40 172.40 42.60	(2,210) (1,855) (458)	WH SMITH RETAIL HOLDINGS LIMITED (2)	Approx. 5 years from 26/05/2022 until 09/12/2027 (3)	£55,000
Total		420.40	(4,523)			£55,000

(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
(2) WH Smith is a leading global travel retailer for news, books and convenience and operating from over 1,700 stores worldwide (www.whsmithplc.co.uk).
(3) The lease provides for a tenant option to determine on 26/05/2026.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.