Studholmes - Chartered Surveyors

Type: Retail
Agent: John Studholme MSc FRICS
Company: Studholmes
Address:
Price: N/A

 

 

Newly developed Yard in the centre of Kendal’s Conservation Area.  Pedestrian links to Booths Store, Wainwright’s Yard and Stricklandgate.

 

 

 

TO LET

A LOCK-UP SHOP in a newly developed Yard within the centre of Kendal’s Conservation Area.  Pedestrian links to Booths Store, Wainwright’s Yard and Stricklandgate.

TO VIEW – CONTACT JOINT AGENTS

John Studholme as above, or Claire Eccleston, Robert Pinkus & Co 01772 769000

Description

The Unit consists of a raised ground floor space overlooking the courtyard.  The Unit is part of a development of the whole Yard being carried out by Booths Supermarkets and Kendal and South Westmorland Liberal Club to create three more shops, offices, an apartment, a bakery and a pedestrian link between Wainwright’s Yard and Yard 2 Stricklandgate.  

Rateable Value: The current rateable value is £1,675 with business rates at 44.1p. The property is eligible for Small Business Rate Relief of 50%.
Accommodation: An upper ground floor space currently including a kitchen and WC.
Rental: £4,160 p.a. payable monthly in advance by bankers order.
Planning: Unit 5 lies within the Kendal Conservation Area. It is currently used as an office but has planning permission for retail use and is being let for that purpose.
Legal Fees: Each party to be responsible for their own legal costs.
VAT: All figures quoted are exclusive of VAT, which will be chargeable on all items including rent.
NB: None of the statements contained in these particulars are to be relied on as statements or representations of fact. The lessee must rely on his own inspection, measurement and survey.
Access, Rights of Way and Parking: Vehicular access for delivery is via the Booths access. For pedestrians, access is down Yard 2 Stricklandgate and from Wainwright’s Yard. There is no parking with the property.
Buildings: The building is in stone with a pitched slate roof. The upper ground floor is concrete with the cellar floor cobbled. The Gross Internal Area including the kitchen and toilet is 25.5m² (274).
Heating: Gas boiler and radiators.
Tenure: The property is available on a 6 year lease. There will be a rent review at 3 years. In addition, there will be a service charge to cover property insurance, cleaning, maintenance, decoration and lighting of common areas and Yard promotion. A budget will be agreed each year by Yard 2 Management Committee with the amount divided up between each property in the Yard in proportion to their current Rateable Value. All tenants are members of the Management Committee.
Repair Covenants: Tenant is responsible for interior repairs and internal and external decoration. Landlord is responsible for external and structural repairs.
Location: Kendal
Size: 274sq. ft.
Tenure: To Let