31-33 Crescent Road

Prime Freehold Mixed-Use Investment For Sale

Prime town centre café premises trading as Brew Room Café on the ground and basement levels, and two independently accessed self-contained flats on the first and second floors, each with two bedrooms.

Situated in the prime retailing pitch of Windermere.

Currently achieving a rent passing of £48,300 per annum, comprising a rental of £30,000 per annum for the café premises, £11,100 per annum on Flat 1 and £7,200 per annum for Flat 2. The café tenant also pays a £5,720 p.a. contribution towards the insurance, maintenance and systems upkeep of the building.
The commercial lease is let on a 15-year term from 11 August 2022 with a tenant break option on 11 August 2029.

Low passing rental for Flat 2 with strong prospects of growth.
A rare opportunity to purchase a multi-let mixed-use freehold investment.

Offers invited at a guide price of £925,000.

Freehold Price: £925,000

For more information please contact the agent:

Edwin Thompson & Co (Windermere)
Edwin Thompson & Co (Windermere)
97 Stricklandgate
Kendal
Cumbria
LA9 4RA
Tel: 015394 769790
Email:
Website: http://www.edwinthompson.co.uk