Available
Kendal – Pub Inn with Residential Development Potential
The Dun Horse Inn, 5 Stramongate, Kendal LA9 4BHFreehold Grade II Listed Public House with Residential Development Potential for 4 Flats
Investment Consideration
- Vacant possession
- ERV: £26,000 p.a. GIY: 8.81%
- Grade II Listed
- Comprises mid-terrace public house with owner`s accommodation and letting rooms
- Property benefits from large rear yard
- Residential development potential to convert existing letting rooms into 4 self-contained flats, subject to obtaining the necessary consents.
- Town centre location with occupiers nearby including Lloyds, Nationwide and many more.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The ground floor consists of a central entrance off the main street into a main open split level open-plan lounge and public bars (50ppl), served by a centrally located wooden bar servery. Rear porch providing access to the enclosed rear yard. Full commercial kitchen (equipped). Separate double-bedroom owner's accommodation including a separate lounge and residential kitchen. Also includes letting accommodation opportunity with four good sized bedrooms (communal showers), and a further 3 bedrooms within the roof void.
Total area size 557 sq m (6,000 sq ft)
Development Potential:
Development potential for conversion of existing letting rooms to 4 x 1-Bed Flats, providing the following dimensions:
Residential:
Rear Ground Floor:
Flat 1 - 46 sq m (495 sq ft)
First Floor:
Flat 2 - 50 sq m (538 sq ft)
Flat 3 - 56 sq m (602 sq ft)
Second Floor:
Flat 4 - 61 sq m (656 sq ft)
Commercial:
Ground Floor:
Pub - 136 sq m (1,464 sq ft)
First Floor:
Kitchen/Store - 58 sq m (624 sq ft)
Basement: Storage/Cellar
Total area size 557 sq m (6,000 sq ft)
Development Potential:
Development potential for conversion of existing letting rooms to 4 x 1-Bed Flats, providing the following dimensions:
Residential:
Rear Ground Floor:
Flat 1 - 46 sq m (495 sq ft)
First Floor:
Flat 2 - 50 sq m (538 sq ft)
Flat 3 - 56 sq m (602 sq ft)
Second Floor:
Flat 4 - 61 sq m (656 sq ft)
Commercial:
Ground Floor:
Pub - 136 sq m (1,464 sq ft)
First Floor:
Kitchen/Store - 58 sq m (624 sq ft)
Basement: Storage/Cellar
Location Description
Kendal is a market town and civil parish, 8 miles south-east of Windermere and 19 miles north of Lancaster. Kendal railway station lies on the Windermere Branch Line, with connections to Windermere to the north, and to Oxenholme Lake District station (on the West Coast Main Line) and Lancaster railway station to the south. Kendal is about 13 kilometres (8 mi) from the M6 motorway. It is bypassed on the west side by the A591 road, linking it to Windermere and Keswick, and by the A590 leading to Barrow.