£360,000

Retail premises for sale

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Just added
Freehold

Guide price

£360,000

(£675.42/sq. ft)

Retail premises for sale

Ground Floor - 34 Main Street, Keswick, Cumbria CA12

533 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Keswick Ferry Landing 0.5 miles
  • Keswick School 0.6 miles
  • St Herbert's CofE (VA) Primary and Nursery School 0.6 miles
  • Nichol End (Derwentwater) Ferry Landing 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Passing rent of £25,000 per annum
  • Stepped growth on rent for lease duration
  • 12 year lease from early 2026 with single tenant break option in 2031
34 Main Street comprises a newly let self-contained ground-floor rectangular unit. The accommodation comprises an open-plan sales area with storage and a kitchenette to the rear. There is a separate building in the rear yard with the WC

Location

Keswick is one of the largest and main towns in the Lake District National Park, drawing in visitors throughout the year. Whilst some of the Lake District towns are only bustling during the summer months, Keswick's sectors tend to trade well all of the year.

The town benefits from good transport links via the A66 trunk road, linking it with Penrith to the east at Junction 40 of the M6 motorway, and the towns of Cockermouth and Workington to the west.

Main Street in Keswick is the prime shopping destination, offering a variety of national retailers. In addition, there is a range of strong, independent retailers, particularly those selling outdoor wear clothing, as well as various café/restaurant operators.

The subject property is well positioned within the pedestrianised section of Keswick's town centre and is regarded as prime. Nearby occupiers include Bryson's, Fat Face, Joules, Temple Sports, Cotswold, Seasalt, Boots, Inn On the Square, The Round, The Kings Arms Hotel, and The Golden Lion. Recent new openings include Galleria Jewellers, Twisted Willow and Blueberry Clothing.

Accommodation

This property has been measured on a Net Internal Area basis and extends to the following approximate areas:

Terms

The freehold investment is available on a for sale basis and offers in the region of £360,000 are invited. The tenancy has a stepped rental agreement as follows: -

Years 1,2 and 3 - £25,000 pax
Years 4,5 and 6 - £27,500 pax
Years 7,8 and 9 - £30,000 pax
Years 10,11 and 12 - £32,500 pax

There is a single tenant break option on 15th February 2031.

Services

The property is connected to mains water, drainage, and electricity.

Business Rates

The Valuation Office Agency website describes the property as Shop and premises with a 2026 List Rateable Value of £23,000.

The Small Business rhl Non-Domestic Rate multiplier for the 2026/27 rate year is 38.2p in the £. The tenant is solely responsible for paying the associated business rates.

Planning

The property is connected to mains water, drainage, and electricity.

EPC

The property benefits from an EPC showing an Energy Performance Asset rating of d-77.

VAT

We understand VAT is not payable on the purchase price.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Carigiet Cowen Chartered Surveyors. 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 Carigiet Cowen Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cumbria
  4. Lake District
  5. Keswick
  6. Main Street