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11 Finkle St 4,311 SF 8% Leased Retail Building Kendal LA9 4AG $499,647 ($115.90/SF) 8.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Prime position in a pedestrianised town centre location
  • Bank investment at a very attractive yield
  • This property is situated on Finkle Street

EXECUTIVE SUMMARY

Asking price £375,0000. The property is currently occupied by Lloyds Bank Plc by way of a full repairing and insuring lease.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,311 SF
Building Class
B
Year Built
1885
Price
$499,647
Price Per SF
$115.90
Cap Rate
8.66%
NOI
$43,269
Percent Leased
8%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.98
Lot Size
0.02 AC

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 1,545 SF
  • Retail
  • In-Line
  • Now

The property is configured over, basement, ground, first, second and third floors. The ground floor has been used by Lloyds as the banking hall with ancillary at the rear. The basement, first, second and third floors provide a combination of additional ancillary space and welfare facilities. At the rear of the property, there is a small yard which provides stepped access to a pedestrianised passageway.

Space Size Space Use Position Available
Ground 1,545 SF Retail In-Line Now

Ground

Size
1,545 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 1,545 SF
Space Use Retail
Position In-Line
Available Now

The property is configured over, basement, ground, first, second and third floors. The ground floor has been used by Lloyds as the banking hall with ancillary at the rear. The basement, first, second and third floors provide a combination of additional ancillary space and welfare facilities. At the rear of the property, there is a small yard which provides stepped access to a pedestrianised passageway.

NEARBY MAJOR RETAILERS

Iceland
Caffè Nero
Barclays Bank
Santander
Ruby Tuesday
Table Table
National Westminster Bank Plc
HSBC
Costa Coffee
Booths
  • Listing ID: 35393731

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 11 Finkle St, Kendal LA9 4AG

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