185 Highgate, Kendal
Landwood flat

185 Highgate, Kendal, Cumbria, LA9 5AA

£85,000 Score 4.5/10

Description

*VIEWINGS AVAILABLE UPON REQUEST* The property comprises a mid-terrace, two-storey office/retail building, thought to be of stone construction, rendered and painted externally underneath a pitched slate roof. The premises incorporate a central front timber pedestrian door from Highgate and traditional timber framed single glazed shop frontage to one side as well as a mixture of timber framed and double glazed sash and more modern windows.

Internally, the accommodation is arranged with a ground floor sales area, separate rear office that could be knocked into the front shop, WC and understairs storage. There is a mixture of timber effect laminate and timber panel flooring, part plaster painted/feature wallpapered walls, plaster painted ceiling, LED panel and spot lighting, wall mounted electric radiators and door to rear yard.

The first floor has been fitted out to modern offices, reached via a wide staircase, having carpeted floors, plaster painted walls and ceiling with exposed timber trusses, LED panel lighting, wall mounted electric radiators, feature fireplace and benefiting from a fitted kitchen and further WC with shower facility.

The attic is arranged in two areas, accessed via staircases and providing useful storage with natural light from skylights as well as traditional lighting and electric points.

Externally, there is an enclosed yard which is accessed from covered archway to one side or from the rear porch of the building.

The premises currently has planning approval for use as an office but was previously a self- contained retail unit at ground floor and residential flat at first and attic levels and could be converted back to these uses, subject to gaining change of use.

The property is located on Highgate which is in Kendal town centre and one of the main retailing areas. Kendal is the principal town of South Lakeland and is situated just outside of the southern boundary of the Lake District National Park only 6 miles from Junctions 36 and 37 of the M6 Motorway. The town has a resident population of 29,495 (2011 Census) and is a popular tourist destination being 10 miles south of Windermere. The town has a weighted retail catchment in excess of 50,000 people and a greater district catchment in excess of 102,000. The district’s Class Grouping indicates that in excess of 50% of the catchment area is of A, B or C demographic.

Oxenholme Train Station which is situated on the West Coast main railway line is located 3 miles to the south providing direct services to London (approximate journey time 2 hours 50 minutes) and Glasgow (1 hour 45 minutes).

Highgate forms part of the A6 and main route in to Kendal, being a one-way system, popular with a range of retailers, leisure businesses and professional services. The subject property is situated at the southern end of the town centre, adjacent to the junctions of Gillinggate and Dowker’s Lane. Abbott Hall and the River Kent are around 100 metres to the east and Kendal Brewery Arts Centre is a similar distance to the north west with the main prime retail core, circa 400 metres to the north. There are a number of public car parks within the immediate vicinity offering pay and display and contract parking.

Kendal has a lively town centre which benefits from local and tourism trade from the Lake District National Park with a good mix of local, regional and national retailers and leisure outlets. As well as all year-round tourism, Kendal benefits from a number of festivals and events

The property provides the following approximate net internal floor areas:

Ground Floor - 43.03m² (463sq ft) First Floor - 40.44m² (435sq ft) Attic - 17.42m² (188sq ft) Total - 100.89m² (1,086sq ft)

Opportunities

  • Development potential
  • Vacant
  • £78/sqft
  • Est. 10.9% yield
  • Freehold

Risks

  • Non-std construction

Lot details

  • Vacant self-contained office/retail premises
  • Approximately 100.89m² (1,086 sq ft)
  • Conversion potential for alternative uses (pre-app advice obtained)
  • Mid-terrace, two-storey office/retail building
  • Yard to rear

Estimated value

£102k – £153k ≈ £128k Low confidence
How we worked this out

Based on Westmorland and Furness average for flat (£145k) · -12% (Non-std construction · Flood risk · Vacant possession)

Indication only — based on Land Registry sales and EPC data, not a formal valuation.

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.