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Scott Bainbridge Residential Sales & Lettings 37 Market Place Kendal Cumbria LA9 4TP 01539 725496 [email protected] Offers in the region of £499,950 The Warehouse Development, Yard 94, Kendal, Cumbria, LA9 4HE COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT INCOME - THREE ARCHITECT DESIGNED APARTMENTS - LARGE UNDERCROFT WITH PARKING - MEWS STYLE DEVELOPMENT - FREEHOLD

COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT …€¦ · COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT INCOME - THREE ARCHITECT DESIGNED ... development is currently a

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Page 1: COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT …€¦ · COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT INCOME - THREE ARCHITECT DESIGNED ... development is currently a

Scott Bainbridge Residential Sales & Lettings

37 Market Place

Kendal

Cumbria

LA9 4TP

01539 725496

[email protected]

Offers in the region of £499,950The Warehouse Development, Yard 94, Kendal, Cumbria, LA9 4HE

COMMERCIAL OPPORTUNITY WITH THE BENEFIT OF CURRENT INCOME - THREE ARCHITECT DESIGNEDAPARTMENTS - LARGE UNDERCROFT WITH PARKING - MEWS STYLE DEVELOPMENT - FREEHOLD

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A unique opportunity to acquire a freehold architect designed residential apartment complex together with a large undercroft currently serving as garaging for up to 4vehicles and Utility Room. New Inn Yard is located in the centre of Kendal's historic Yard district and is set back from Highgate within a Conservation Area. Thedevelopment is currently a successful residential letting business comprising of two one bedroom apartments and one three bedroom apartment. For sale with thebenefit of the current income, full details upon request

KendalKendal is a thriving market town, gateway to the Lake Districtand with proximity to the Yorkshire Dales.The town is structured around a high street with fortifiedalleyways known as yards and has a unique blend of historicand contemporary limestone buildings. New Inn Yard issituated in the heart of this district with the immediate areaproviding many local shops, restaurants and coffee bars.

The Warehouse - a mews style developmentScott Bainbridge are delighted to bring to market this freeholdlink detached building comprising three apartments 2x onebedroom apartments producing £550 each per calender monthand 1x three bedroom apartment producing £650 per calendermonth. Total £1750 per calender month/ £21,000 per annum.The portfolio of apartments are currently let and the vendor isinviting offers in the region of £525,000 with the benefit of thecurrent income. These particulars provide a guideline only it isadvised that prospective purchasers request full details.

No.4 Warehouse 5m 90 x 9m max (16'5" 295'3" x29'6" max)A ground floor one bedroom apartment comprising of entrancehall, lounge, kitchen open plan to dining room, store room,bedroom and bathroom. Features Howdens fitted kitchen andbathroom and Vaillant combi boiler.

No.5 Warehouse 5m90 x 9m max (16'5" x 29'6"max)A first floor one bedroom apartment comprising of entrance

hall, a large 'L' shaped open plan kitchen, dining, lounge room,store room, bedroom and bathroom. Features Howden fittedkitchen and bathroom, Velux windows and Vaillant combiboiler.

Staircase Hall 1m x 5.4m (3'3" x 17'9")The staircase hall and landing leads to entrance doors to No.5Warehouse and No.7 Warehouse apartments.

No.7 Warehouse 9m x 9m max (29'6" x 29'6" max)A first floor three bedroom apartment comprising of entrancehall, a large open plan kitchen, dining, lounge room, masterbedroom with en suite bathroom, bedroom two and bedroomthree, shower room. Features include Howdens kitchen andbathrooms, under eaves storage, en suite to the masterbedroom, two double bedrooms, Velux windows and Vaillantcombi boiler.

Undercroft with Utility Room 9m x 9m (29'6" x 29'6")Garaging for up to four vehicles, storage area and utility room.

Site MapNo.4 WarehouseModern one bedroom ground floor apartmentNo.5 WarehouseModern two bedroom first floor apartmentNo.7 WarehouseModern three bedroom first floor mews apartmentIntegral garaging for 4 vehicles, storage area and utility room.

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No.4 Warehouse No.5 Warehouse

No.4 WarehouseThe Warehouse - a mews style development

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Scott Bainbridge Residential Sales & Lettings

37 Market Place

Kendal, LA9 4TP

[email protected] | www.scottbainbridge.co.uk | 01539 725496

Disclaimer: The foregoing particulars have been prepared for the convenience for enquiries and whilst believed to be correct their accuracy is not warranted.

Proceed along Highgate. You will find New Inn Yard located between theNew Inn and Webster's Yard retirement apartments, follow the cobbled laneturning first left, the Warehouse development is on your left opposite NewInn House and adjacent to Marvic Court.

Location

Local Authority: South Lakeland District CouncilTenure: FreeholdViewing: Solely by appointment with Scott Bainbridge.Services: Mains electricity, mains water, mains gas and mains drainage.

• Commercial opportunity

• Benefit of the current income

• Three architect-designed residentialapartments

• 2938 sq ft

• Large undercroft serving as garagingfor 4 vehicles including a utility room

• Historic New Inn Yard