This wonderfully placed retail unit enjoys an eye catching double frontage in a location which is adjacent to free public car parking, is highly prominent on the main road and experiences and an amazing volume of foot traffic.
With literally thousands of visitors alighting from the passenger ferry terminal here, Paws by the Lake is a unique and original business which has combined a traditional pet shop with selling delightful gifts for pet lovers, since 2005. There is space and scope to expand, perhaps providing other services such as dog grooming, or exploring alternative retail opportunities.
Location Situated in the heart of the Lake District and occupying an enviable position, the property is located on the shore of Lake Windermere, a tourist haven, popular all year around. From the south, head north on the A591 and the property can be found adjacent to the first set of traffic lights at Waterhead. Bear immediately left at the traffic lights and free public car parking can be found directly in front of the shop.
From our Ambleside office head south on the A591 heading towards Windermere, Paws on the Lake is found on the right hand side at the traffic lights at Waterhead.
Description Paws by the Lake could hardly be better placed. Prominent on the main road with two large bay windows adjoining the traffic lights at Waterhead at the very northern tip of Lake Windermere and just a mile from the centre of Ambleside. The location is blessed by having that rare commodity of free public car parking on hand as well as a regular stream of ready made customers alighting on foot from the highly popular passenger ferry terminal which is just a matter of yards away. This combination brings thousands of visitors all year round to this beautiful part of the Lake District National Park which is now also a Unesco World Heritage Site. This is capitalised on by the present owners by selling ice creams within the premises in addition to the pet related products, but this could be developed further. The business also has a website enabled for online commerce, but this is not utilised at present and presents a significant opportunity to grow the business. There is also a Facebook page for the business which currently has around 4,000 followers.
At present a large portion of the premises are utilised for photography associated sales, but this sector of the business does not form part of the sale as it is simply relocating.
The premises are superbly arranged, split over over three levels, with only short flights of stairs between each, and with each level having direct ground level access. There is plenty of space in which to expand, whether that be to open new lines, increase stock storage (a very important part of any online business), to perhaps branch out into new areas such as dog grooming for example, or even to enter a whole new line of business (subject to consent). The split level ground floor offers approximately 72.3 square metres of double fronted retail space, with a further 43.5 square metres below for storage or for further expansion.
The building has interesting origins as having once been the toll house for the main road into Ambleside and is both eye catching and full of character.
A wonderful lifestyle opportunity, particularly for those sharing the current owners love of pets and dogs in particular, but with many varied options available (subject to any necessary consents).
The current lease expires in 2020 at a rental of £12,000 pa, but the assignment is offered with the benefit of a reversionary lease for a term of 10 years from 2020 (at which point the rent will increase to £13,500 pa).The full lease details are available from our Ambleside office and viewing is highly recommended.
Accomodation (with approximate dimensions)
Retail Area 22′ 11" x 14′ 4" (6.99m x 4.39m max.) A spacious double fronted area with superb lake views and having plenty of display space and a corner sink.
A short flight of stairs leads to
Retail Area 27′ 1" x 15′ 1" (8.28m x 4.6m min.) Currently used as the photography aspect of the business but previously used as part of Paws by the Lake and having plenty of display space, a door to outside and two large bay windows onto the main road into Ambleside from the south at ground level.
Please note that the photography business does not make up part of the sale as it is relocating.
Kitchen With wall and base units with complimentary working surfaces incorporating a stainless steel single drainer sink unit with mixer tap. There is a Sector water heater and a door to outside.
W.C. With a wash hand basin and W.C.
Lower Ground Floor Store Room 14′ 11" x 14′ 0" (4.57m x 4.29m) With plenty of storage space and having a built in cupboard. Currently utilised as a photography space, this area could be developed to provide further retail space or additional lines such as dog grooming for example.
Hallway With a door to outside and useful shelving..
Former W.C With base units incorporating a stainless steel single drainer sink unit, a water heater and a W.C.
Whilst this room is not currently useable for its purpose as the water is disconnected it offers great potential.
Undercroft Store 9′ 10" x 7′ 3" (3m x 2.21m min.) With power and light and having a door to outside.
Outside There is an area for displaying items and 1 private car parking space. The forecourt is also available for customer collections and waiting whilst using the shop.
Services Mains electricity and water are connected
Business Rates The property has a rateable value of £10,750 with the amount payable for 2018/19 being £5,009.50.
The current owners receive 100% Small Business Rate Relief so no charge is levied.
Tenure The current lease expires in 2020 at a rental of £12,000 pa, but the assignment is offered with the benefit of a reversionary lease for a term of 10 years from 2020 (at which point the rent will increase to £13,500 pa).The full lease details are available from our Ambleside office and viewing is highly recommended.
Viewings Strictly by appointment only with Hackney & Leigh, Rydal Road, Ambleside, Telephone 015394 32800.
Energy Performance Certificate The full Energy Performance Certificate is available on our website and also at any of our offices.