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Central Buildings, Ambleside, LA22 9BS
Price: £99,000
Tenure: Long Leasehold
Type: A1 - High Street

Property Details

LOCATION
The premises are located in a prime trading position with a prominent entrance and a large double fronted window and display area with approximately 2100 sq feet of retail space. Enjoying the rare advantage of owners accommodation above in the shape of an excellent three bedroom maisonette with a separate entrance. The retail area is spread over three floors comprising of 750 sq feet on the ground floor, 970 sq feet in the basement and 400 sq feet on the first floor. Additionally within the basement there is a storage area and additional room providing storage or an office facility. On the ground floor there is also the benefit of the kitchen area and separate WC. Improvements have been made such as new high quality lighting, inset music/speaker system and security cameras. The ground floor and basement have been modernised and refurbished giving a more spacious feel.

Although most recently operated as a well established and successful outdoor retail business the premises may alternatively be used for other retail uses with the landlords consent so long as it does not conflict with any of the units within the Central Buildings Parade.

This Leasehold interest may allow the ideal opportunity for a new lifestyle business for someone who wishes to enjoy living in the centre of the Lake District and operate a business that offers a good income and has living accommodation. The accommodation can be sub-let as it has previously generated £12,000 – £13,000 p.a. Student letting’s are not permitted.

Occupied within Central Buildings amongst the parade of Victorian shops in the heart of picturesque Ambleside opposite the successful market place development of retail units and adjacent to the Tourist Information Centre and Post Office. Ambleside is a highly popular, all year round tourist destination in the heart of the Lake District National Park well placed for a variety of retail uses with excellent foot fall.

ACCOMMODATION
The Maisonette
The property provides the rare and excellent amenity of a well proportioned three bedroom property which could provide owners accommodation or alternatively can be sub let subject to landlords permission. As it has previously sub let generating an income of £12,000 – £13,000 pa.

Accessed from the rear yard just off North Road with private outdoor steps leading to the entrance on the first floor.

The spacious accommodation which is spread over three floors provides three bedrooms, a kitchen/ diner, a sitting rooms, shower room and a of a utility room. Although the property would ideally suit some TLC it could be lived in straight away. It offers light and airy accommodation with attractive views of the village.

SERVICES
All mains service are connected. Gas central heating. Fully alarmed

TERMS
Leasehold – The property is held on a twelve year internal repair and insuring lease (renewable) from September 2016. With rent having just been reviewed to £20,644 p.a. Subject to three year rent reviews.

The Landlords are The Herd Lawson and Muriel Lawson Charitable Trust and a copy of the lease will be made available to the Ambleside office.

OUTGOINGS
£18,750. Amount payable £9,318.75.

Ambleside Office
Ambleside
Ambleside Office
Loughrigg Villa
Kelsick Road
Ambleside
Cumbria
LA22 0BZ

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