Lot 15 Barclays Bank, 9 Highgate, Kendal, LA9 4DA

Property Enquiries

Mat Harris

+44 (0) 7732 681 152

Viewing/ Registration Enquiries

BidX1 Support Team

+44 (0) 20 7703 4401

Vendor Solicitor

Anthony Webb

+44 (0) 20 8654 7757

The tenant may determine the Term at the expiration of the fifteenth year provided that it serves not less than 6 months written notice on the landlord
Property Summary
  • Freehold Bank investment (undergone large refurbishment programme)
  • Let to Barclays Bank who have been in occupation since 1969
  • Attractive town centre location
  • Currently producing £87,400 per annum 
  • NO VAT applicable
  • Reflecting a gross yield of 9.2% gross yield



Kendal is a market town and civil parish in the South Lakeland District of Cumbria. Historically in Westmorland, it lies 8 miles south east of Windermere, 19 miles north of Lancaster, 23 miles north east of Barrow-in-Furness and 38 miles north west of Skipton, in the dale of the River Kent, from which comes its name. Kendal is the main gateway town to the Lake District, with excellent road access with the A65 joining the M6, and nearby A501 to Windermere. The property is located on the east side of Highgate between its junction with Finkle Street and Lowther Street. Nearby occupiers include Boots, Savers, Greggs and Bank of Scotland.


An attractive six storey period building of traditional construction built in 1873. It totals about 889.10 sq m (9,571 sq ft) and underwent a major refurbishment. Barclays Bank have been in occupation since 1969 and currently use the ground floor as the main banking hall with the upper floors as ancillary offices. There are 6 car parking spaces to the rear. 


South Lakeland District Council (01539 733333) www.southlakeland.gov.uk

VAT Not Applicable.
Property Table
FloorAccommodationTenancyRent PA
TOTAL889.10 sq m (9,571 sq ft) £87,400
Lower Ground
Upper Ground
99.00 sq m (1,066 sq ft)
41.15 sq m (443 sq ft)
56.30 sq m (606 sq ft)
359.05 sq m (3,865 sq ft)
217.85 sq m (2,345 sq ft)
115.75 sq m (1,246 sq ft)

Let to Barclays Bank PLC for 20 years from 06/03/2007 with 5 yearly rent reviews


Measurements provided by the vendor. For the year ending 31 December 2018 Barclays Bank PLC reported a turnover of £13,600,000,000, a pre-tax profit of £1,286,000,000 million and a total net worth of £46,382,000,000 million (source: Companies House).



Rating D Band 91

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  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
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