INVESTMENT FOR SALE ** NO VAT PAYABLE ** ** RARE FREEHOLD OPPORTUNITY WITHIN ** A DESIRABLE LAKE DISTRICT TOWN ** FIXED RENTAL UPLIFTS UNTIL EXPIRY ** ** NO TENANT SECURITY OF TENURE ** ACCOMMODATION/AREAS Ground Floor Sales 85.40 sq m (919 sq ft) Lower Ground Floor Sales 92.30 sq m (993 sq ft) Lower Ground Floor Stores 13.50 sq m (145 sq ft) First Floor Ancillary 29.00 sq m (312 sq ft) Second Floor Attic 29.00 sq m (312 sq ft) TOTAL 249.2 sq m (2,681 sq ft) SERVICES We understand mains water, gas, electricity and drainage are connected to the property. EPC The property holds a current Energy Performance Certificate rating of C-60. RATEABLE VALUE The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of £25,250. The Small Business Non-Domestic Rate in the £ for the current 2024/2025 rate year is 49.9p. THE TENANT - ALPKIT Alpkit Ltd (Company reg no. 05146091) have 10 stores nationwide and are an outdoorwear retailer and bike hire company. Their nearest store to Ambleside is Keswick. SALE PRICE Offers in the region of £465,000 are invited for the sale of the freehold investment, let to Alpkit, who currently pay £32,000 pa, on a lease expiring in June 2027. The rent automatically increases to £32,900 in June 2025, then to £33,900 until lease expiry. There is no tenant security of tenure attached to the lease.