Summary - 79, HIGHGATE LA9 4ED
1 bed 1 bath Commercial Property
**Standout Features:**
- Modern, self-contained retail/office unit in Kendal town centre
- Net Internal Area: 734 sq ft over three floors
- Let to Brancaster Homecare Ltd on a 5-year lease beginning February 2025, ensuring rental stability
- Current passing rent: £14,000 per annum, offering a gross yield of 7.78%
- Recently refurbished with contemporary interior design and ample natural light
- Proximity to significant local amenities and high footfall area
**Potential Downsides:**
- Lease term may limit financing options for some mortgage lenders
- Located in an area with above-average crime rates
This modern and newly renovated retail/office unit at 79 Highgate, Kendal, blends classic charm with contemporary functionality, making it an ideal investment for savvy buyers seeking reliable income. Spanning 734 sq ft over three well-designed floors, the property features a striking stone and slate facade that resonates with the bustling charm of Kendal. With a current tenant locked into a solid lease and a favourable rental return of £14,000 per annum, this offers a highly attractive yield of 7.78%.
Enjoy significant visibility and foot traffic thanks to its prime location, adjacent to a variety of shops and eateries that cater to the vibrant local community and tourism trade drawn from the nearby Lake District. As an investment opportunity or a dual-purpose space for retail and office use, this property promises both convenience and potential. However, interested buyers should be aware of the above-average local crime rates and the lease term which may affect mortgage options. Take advantage of this rare chance to secure a prominent commercial property in a thriving market town—act fast!
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