Reception Rooms: 2
Sale of a prominent substantial stone terraced freehold investment property arranged as a ground floor shop with two separate flats above, located right in the heart of the thriving tourist town of Windermere. The shop is currently tenanted by Gregg’s Bakery with 470ft sales area, kitchen, stock rooms and a basement storage area. The two flats above comprise of a first floor bedsit flat with separate kitchen and bathroom and a second floor flat with two bedrooms, lounge, breakfast kitchen and bathroom, both sharing an entrance off Crescent Road and external access at the rear.
The shop is currently let on a 10 year FRI lease to Gregg’s at on an annual rent of £13,000 per annum. Above the shop with a separate entrance vestibule adjacent to the shop is the shared entrance to the two flats, both flats are vacant at present but have an assured shorthold letting history with the first floor bedsit flat rented at £450 pcm and the second floor two bedroom flat rented at £600 pcm which when all let equates to an annual total rent of £25,600.
A Ground Floor Premises
Shop Sales Area 19’6 x 14′ (5.9m x 4.3m) Currently occupied by Gregg’s Bakery, all the equipment, fixtures and fittings are owned by them. The front sales area has excellent 14ft window frontage to Crescent Road with fully height glassed windows and double opening doors into the premises. Access to useful cellarage beneath the front area of the shop.
Kitchen Area/ Stock Room/Separate WC 18′ x 10′ (5.5m x 3m)
16′ x 14’5 (4.9m x 4.4m)
16′ x 9′ (4.9 x 2.7m)
Currently wired and extracted for equipment and appliances fitted by Gregg’s. This leads onto a stock room area and follows on to a rear entrance porch/storage area with sink and two separate WC’s.
The Flats Shared entrance vestibule with separate door to the shop give access to a hallway with stairs to the flats.
First Floor Flat (19a) Landing leads into:
Kitchen 13’4 x 10’7 (4.1m x 3.2m) Breakfast Kitchen with ample space for table and chairs. Fitted with a range of wall and base units incorporating range of equipment including built in fridge/freezer, oven and hob, stainless steel sink unit and a timber sash window and pine flooring.
Hallway Large walk in storage cupboard.
Bedroom/Sitting Room 18′ x 18′ (5.5m x 5.5m) Extremely large room offering bedsit accommodation with large bay window onto Crescent Road with window seat, pine stripped flooring.
Bathroom Three piece suite comprising panelled bath, pedestal wash basin and WC. Airing cupboard housing hot water cylinder.
Rear Entrance Door out to a metal fire escape and stairs down to the rear of the property.
Second Floor Flat (19b) Landing leads into private Hallway.
Sitting Room 17’11 x 10’4 (5.5m x 3.1m) Good size living room with shallow bay window, TV point.
Dining/Kitchen 11’3 x 10’3 (3.4m x 3.1m) Fitted with base units incorporating stainless steel sink unit and electric cooker point. Rear window and door to fire escape. Ample space for table and chairs.
Bedroom One 11’4 x 7’8 (3.5m x 2.3m) Accessed off the Sitting Room is a standard double room with window onto Crescent Road and fitted wardrobes.
Bedroom Two 11’2 x 7’3 (3.4m x 2.2m) Leading off hallway, a double bedroom with arched sash window, recessed cupboard.
Bathroom Three piece suite comprising panelled bath, pedestal wash basin and WC. Airing cupboard with hot water cylinder.
Services Mains water, drainage and electric connected. No central heating, flats are individually wired for electric heating. Mains gas is available.
Council Tax & Business Rates Flat 19a – Band A
Flat 19b – Band B
Shop Premises – Rateable value £12,500.