Retail property (high street) to rent

FEATURES

• Prime retail location in pedestrianised town centre

• Characterful traditional timber shop front

• Offered vacant - ready to fit out by incoming tenant

• Rental £25,000 per annum dependent on lease terms agreed

DESCRIPTION

The property is a single-storey retail premises being the ground floor only of a four-storey building dating from the time of the development of Keswick town centre in the mid-1800s.

The exterior of the shop is an historic, flat-fronted shop window with customer entrance alongside. It overlooks the lower reaches of the pedestrianised town centre in an area of high footfall.

The interior is of rectangular shape with the internal arrangement open plan. To the rear is an office/ stockroom and door to an external w.c. with hand wash basin. The interior includes wood effect flooring and a ceiling with integrated lighting. The in-going tenant will be able to adapt the interior to suit their requirements subject to any required permissions.

Previously a gift shop, the property is in Class E of the Use Classes Order and therefore suitable for a wide range of retail and other purposes.

RENT

We are seeking a rent of £25,000 per annum exclusive. There is no in-going premium.

LOCATION

The property is located on Main Street, within the pedestrianised retail centre of Keswick, the northern hub of the Lake District National Park. This part of Main Street has the highest footfall in the Town and at the head is Market Square, anchored by the historic Moot Hall. Within Moot Hall is the Keswick Information Centre provided by the National Park authority.

Keswick is a very busy tourist town in the north of the Lake District National Park with a resident population of 4,500 (2021) swelling to several times that number in the peak of the expanding season.

Keswick’s town centre is a charming blend of traditional and market town features together with modern amenities. Nearby national retailers include Joules, Saltrock, Boots the Chemist and Charles Clinkard and alongside these is an abundant mix of local and regional traders offering a broad range of goods and services.

FLOOR AREA

Gross Internal Area: 49.83 sq.m/ 536 sq.ft

Sales: 36.23 sq.m/390 sq.ft

Internal width: 3.76m/ 12’2

Maximum depth: 14.93m/ 48’6”

Workshop: 7.75 sq.m/ 83 sq.ft

Office: 4.7 sq.m/ 50 sq.ft

ITZA: 33.37 sq.m/ 359 sq.ft

SERVICES

Main water, drainage and electricity are connected.

LEASE TERMS

The property is offered on a full repairing and insuring lease for a term of not less than six years. The rent will be payable monthly in advance by automated payment and there is to be a rent review to open market value effective from the end of the 3rd year of the term.

SECURITY

An in-going tenant may be required to lodge a rent deposit with the landlord, subject to status.

INSURANCE

The landlord will insure the building with the premium to be reimbursed by the tenant.

RATING ASSESSMENT

The property is currently assessed to a rateable value of £22,000 in the 2023 Non-Domestic Rating List

VAT

No VAT is payable on the rent.

Viewing Arrangements

Keith Mitchell/ Carol Westmorland

Edwin Thompson LLP

26 St John’s Street, Keswick CA12 5AF

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