Building housing Kendal café to be auctioned for £450,000
Summarised from 2 outlets · Updated 16 Oct, 06:08 · Archive
The building housing Nina's Coffee Shop in Kendal is being auctioned with a guide price of £450,000.
The freehold property housing Nina's Coffee Shop at the entrance to Kendal's Westmorland Shopping Centre in Market Place is being auctioned with a guide price of £450,000. The mixed-use investment includes the ground-floor café alongside three separately accessed office suites on the upper floors.
The property currently produces annual rental income of £61,100, with one of the office suites vacant. Auctioneer Acuitus says the upper floors could also have potential for a future change of use, subject to necessary consents. The property sits alongside Kendal's historic indoor market, which is undergoing major refurbishment works.
Charlie Powter of Acuitus said: 'With a blend of retail, office and residential accommodation, together with asset management potential in one lot, we expect them to generate strong interest.' The property, listed as Lot 38, will be offered in Acuitus's livestreamed auction on Thursday, 29 October.
How it is being reported
- Building housing popular Kendal café up for auction for £450,000The building housing a popular Kendal cafe is set to go under the hammer with a guide price of £450,000.Westmorland Gazette · 16 Oct, 05:00
- Building housing popular Kendal café up for auction for £450,000The building housing a popular Kendal cafe is set to go under the hammer with a guide price of £450,000.NW Evening Mail · 16 Oct, 05:00
In this story: Nina's Coffee Shop · Kendal · Westmorland Shopping Centre · Acuitus
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