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Just added
£575,000
(£214.15/sq. ft)
Retail premises for sale
Blackhall Road, Kendal LA92,685 sq. ft
Local area information
Property location
Nearby amenities
- Stramongate Primary School 0 miles
- Kendal 0.3 miles
- Ghyllside Primary School 0.5 miles
- Oxenholme Lake District 1.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Kendal to find out more about the local area.
Features and description
• **investment opportunity**
• Prominent roadside position adjacent to Blackhall Road in Kendal town centre
• Providing modern and well presented accommodation extending to 2,685 sq ft
• Let to Majestic Wine Warehouses Limited on a 15 year lease from 28 May 2025 on full repairing and insuring terms and 5 yearly upwards only rent reviews
• Strong covenant and term certainty of 9 years and 6 months
• Rental - £38,875.00 per annum (subject to incentive in Year 1)
• Price – £575,000, representing a gross yield of 6.76%
Location
The property is situated on the east side of Blackhall Road, close to the junction with the A65 Stramongate and a stone’s throw away from Kendal’s main bus station and Blackhall Road pay and display car park. Blackhall Road forms part of one of Kendal’s main vehicular routes through the town, benefiting from high levels of passing traffic and convenient access to several public car parks, including Blackhall Road Car Park directly opposite. The property lies within easy walking distance of the Westmorland Shopping Centre, Stricklandgate, and Kendal’s core retail area, ensuring good connectivity and visibility for both retail and trade uses.
Kendal provides a lively town centre which benefits from local and tourism trade from the Lake District National Park with a good mix of local, regional and national retailers and leisure outlets. There are two main shopping centres, Elephant Yard which has occupiers such as Next, Boots and Costa Coffee and the Westmorland Shopping Centre which has Clarks Shoes, Waterstones and EE. The town centre also has a Marks and Spencer’s, Booths Supermarket, Lidl and a Tesco Metro.
Kendal town centre is set to benefit significantly from a major £13.7 million Levelling Up Funding investment, spearheaded by a partnership between Kendal College and Westmorland & Furness Council. Kendal College has expanded into the upper floor of the previously underutilised Westmorland Shopping Centre, establishing its third campus location in the heart of Kendal. The initial phase has already brought around 80 staff and 200 students into the town centre daily, positively impacting local retail and hospitality businesses, as the college intentionally does not offer catering to encourage local spending.
The next phase of the of the college campus development will see a £2.5 million investment, which will increase student numbers to over 500. Other areas of funding include the Market Hall (£4.5 million) to create a state-of-the-art facility, Market Place (£4.5 million), and improvements to Kent Street and The Riverside (£3 million). These investments will enhance Kendal's retail core, support local businesses, and strengthen the overall economic vibrancy of the town.
Accommodation
The subject property comprises a single-storey building of steel frame construction, with block elevations and a pitched slate roof. The property is rendered, pebble dashed and painted externally with stone facing in part and internally provides a retailing area with rear stock room and staff facilities including a kitchen and WC.
To the front there is a tarmacadam car park providing 5 spaces.
The premises extend to the following approximate gross internal area:
Ground Floor/Total 249.43m2 2,685 sq ft
Services
The property is connected to mains electricity, water and the mains drainage/sewerage system.
It should be noted that the services have not been tested and therefore should not be relied upon.
Rateable value
The premises have a rateable value of £30,250.
Energy performance certificate
The building has an Energy Efficiency Rating of B28 and the certificate is valid until 16 May 2034. A copy is available on application or to download from the Government’s online EPC database.
Lease details
Tenant Majestic Wine Warehouses Limited
Term 15 years from 28 May 2025
Rent £19,437.50 per annum in Year 1, rising to £38,875 per annum from 24 May 2026
Rent Review 5 yearly, upwards only to the higher of the passing or market rental value as at the review date
Repairs Full repairing and insuring subject to a photographic schedule of condition
Break Clause Tenant only at the 10th anniversary
Security of Tenure Contracted inside The Landlord & Tenant 1954 Act (Part 2)
A copy of the lease can be provided upon application.
The tenant represents a strong covenant, with Experian rating the company as Very Low Risk and assigning a maximum credit score of 100/100, a credit limit of £4.8 million, and a credit rating of £1.6 million.
Majestic Wine is the UK’s largest specialist wine retailer, operating over 200 stores nationwide and generating an annual turnover of approximately £385 million.
Proposal
The property is offered freehold (Title Number: CU172278) subject to the occupational lease at an asking price of £575,000. The Seller will top the Year 1 rental to the equivalent of £38,875 and therefore showing a gross yield of 6.76%.
Money laundering legislation
Edwin Thompson is bound to comply with Anti-Money Laundering legislation including obtaining evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, interested parties will need to provide the requested evidence.
Easements, wayleaves and rights of way
The land and property are sold subject to and with the benefit of all public and private rights of way, lights, drainage, cables, pylons or other easements, restrictions or obligations whether or not the same are described in these particulars of sale.
VAT
The Seller has advised that the land and property is VAT registered and therefore VAT is payable on the sale consideration.
Legal costs
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
Viewing
The property is available to view by prior appointment with Edwin Thompson llp. Contact:
John Haley, Paul Evans or Ellie Oakley
Important notice
Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intending purchasers/tenants and do not constitute, nor constitute part of, any offer or contract.
2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor/Landlord.
4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
5. All statements contained in these particulars are made without responsibility on the part of Edwin Thompson llp or the Vendor/Landlord.
6. These particulars were prepared in October 2025.
• Prominent roadside position adjacent to Blackhall Road in Kendal town centre
• Providing modern and well presented accommodation extending to 2,685 sq ft
• Let to Majestic Wine Warehouses Limited on a 15 year lease from 28 May 2025 on full repairing and insuring terms and 5 yearly upwards only rent reviews
• Strong covenant and term certainty of 9 years and 6 months
• Rental - £38,875.00 per annum (subject to incentive in Year 1)
• Price – £575,000, representing a gross yield of 6.76%
Location
The property is situated on the east side of Blackhall Road, close to the junction with the A65 Stramongate and a stone’s throw away from Kendal’s main bus station and Blackhall Road pay and display car park. Blackhall Road forms part of one of Kendal’s main vehicular routes through the town, benefiting from high levels of passing traffic and convenient access to several public car parks, including Blackhall Road Car Park directly opposite. The property lies within easy walking distance of the Westmorland Shopping Centre, Stricklandgate, and Kendal’s core retail area, ensuring good connectivity and visibility for both retail and trade uses.
Kendal provides a lively town centre which benefits from local and tourism trade from the Lake District National Park with a good mix of local, regional and national retailers and leisure outlets. There are two main shopping centres, Elephant Yard which has occupiers such as Next, Boots and Costa Coffee and the Westmorland Shopping Centre which has Clarks Shoes, Waterstones and EE. The town centre also has a Marks and Spencer’s, Booths Supermarket, Lidl and a Tesco Metro.
Kendal town centre is set to benefit significantly from a major £13.7 million Levelling Up Funding investment, spearheaded by a partnership between Kendal College and Westmorland & Furness Council. Kendal College has expanded into the upper floor of the previously underutilised Westmorland Shopping Centre, establishing its third campus location in the heart of Kendal. The initial phase has already brought around 80 staff and 200 students into the town centre daily, positively impacting local retail and hospitality businesses, as the college intentionally does not offer catering to encourage local spending.
The next phase of the of the college campus development will see a £2.5 million investment, which will increase student numbers to over 500. Other areas of funding include the Market Hall (£4.5 million) to create a state-of-the-art facility, Market Place (£4.5 million), and improvements to Kent Street and The Riverside (£3 million). These investments will enhance Kendal's retail core, support local businesses, and strengthen the overall economic vibrancy of the town.
Accommodation
The subject property comprises a single-storey building of steel frame construction, with block elevations and a pitched slate roof. The property is rendered, pebble dashed and painted externally with stone facing in part and internally provides a retailing area with rear stock room and staff facilities including a kitchen and WC.
To the front there is a tarmacadam car park providing 5 spaces.
The premises extend to the following approximate gross internal area:
Ground Floor/Total 249.43m2 2,685 sq ft
Services
The property is connected to mains electricity, water and the mains drainage/sewerage system.
It should be noted that the services have not been tested and therefore should not be relied upon.
Rateable value
The premises have a rateable value of £30,250.
Energy performance certificate
The building has an Energy Efficiency Rating of B28 and the certificate is valid until 16 May 2034. A copy is available on application or to download from the Government’s online EPC database.
Lease details
Tenant Majestic Wine Warehouses Limited
Term 15 years from 28 May 2025
Rent £19,437.50 per annum in Year 1, rising to £38,875 per annum from 24 May 2026
Rent Review 5 yearly, upwards only to the higher of the passing or market rental value as at the review date
Repairs Full repairing and insuring subject to a photographic schedule of condition
Break Clause Tenant only at the 10th anniversary
Security of Tenure Contracted inside The Landlord & Tenant 1954 Act (Part 2)
A copy of the lease can be provided upon application.
The tenant represents a strong covenant, with Experian rating the company as Very Low Risk and assigning a maximum credit score of 100/100, a credit limit of £4.8 million, and a credit rating of £1.6 million.
Majestic Wine is the UK’s largest specialist wine retailer, operating over 200 stores nationwide and generating an annual turnover of approximately £385 million.
Proposal
The property is offered freehold (Title Number: CU172278) subject to the occupational lease at an asking price of £575,000. The Seller will top the Year 1 rental to the equivalent of £38,875 and therefore showing a gross yield of 6.76%.
Money laundering legislation
Edwin Thompson is bound to comply with Anti-Money Laundering legislation including obtaining evidence of the identity and proof of address of potential buyers. Prior to an offer being accepted, interested parties will need to provide the requested evidence.
Easements, wayleaves and rights of way
The land and property are sold subject to and with the benefit of all public and private rights of way, lights, drainage, cables, pylons or other easements, restrictions or obligations whether or not the same are described in these particulars of sale.
VAT
The Seller has advised that the land and property is VAT registered and therefore VAT is payable on the sale consideration.
Legal costs
Each party to bear their own legal costs in the preparation and settlement of the sale documentation together with any VAT thereon.
Viewing
The property is available to view by prior appointment with Edwin Thompson llp. Contact:
John Haley, Paul Evans or Ellie Oakley
Important notice
Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intending purchasers/tenants and do not constitute, nor constitute part of, any offer or contract.
2. All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
3. No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor/Landlord.
4. No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
5. All statements contained in these particulars are made without responsibility on the part of Edwin Thompson llp or the Vendor/Landlord.
6. These particulars were prepared in October 2025.
More information
Listed by
Edwin Thompson
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Property descriptions and related information displayed on this page are marketing materials provided by - Edwin Thompson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Edwin Thompson for full details and further information.