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7-7A Main St 1,177 SF 100% Leased Retail Building Milnthorpe LA7 7PN $277,929 CAD ($236.13 CAD/SF)


Executive Summary
Opportunity to acquire an exceptional freehold investment and redevelopment opportunity within the heart of Milnthorpe. Comprising two adjoining units at 7 and 7a Main Street, the property benefits from a highly visible position near the junction of Main Street. 7 Main Street offers a ground floor retail lock-up shop with extended frontage and ancillary areas, currently let to a tenant on a lease expiring November 2029 at £5,950 per annum. Meanwhile, 7a Main Street delivers adaptable space across multiple levels, most recently used for music teaching studios, with scope for conversion to residential accommodation or alternative commercial uses, subject to planning consents.
The property is located at 7 & 7a Main Street, Milnthorpe, Cumbria, approximately 5 miles southwest of Kendal, 11 miles north of Carnforth, and 4 miles from the M6 motorway at Junction 36. It sits on the A6 and provides good regional access. Available at a guide price of £150,000.00.
The property is located at 7 & 7a Main Street, Milnthorpe, Cumbria, approximately 5 miles southwest of Kendal, 11 miles north of Carnforth, and 4 miles from the M6 motorway at Junction 36. It sits on the A6 and provides good regional access. Available at a guide price of £150,000.00.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
1,177 SF
Building Class
C
Year Built
1906
Price
$277,929 CAD
Price Per SF
$236.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.94
Lot Size
0.03 AC
Frontage
33’ on Main Street
Amenities
- 24 Hour Access
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Nearby Major Retailers
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7-7A Main St
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