Can you Find it – Business © 2017 THE FULL STORY…KENDAL PROPERTY SNAPPED UPPublished in Can you find it Business Edition on Saturday, October 1st 2015
COMMERCIAL property consultants Robert Pinkus & Co, acting on behalf of Maple Grove Developments, report a hat trick of lettings at the prestigious £20 million retail development, Wainwright’s Yard in Kendal.
The triple success means just two units now remain at the development.
Kendal-based Lune Chinese Medicine has taken 537 sq ft and agreed a fifteen-year lease at £21,000 per annum for the property, which has seen the company expand its operation in Kendal, adding to their existing unit in Blackhall Yard, Kendal.
High-class electrical retailer Hadwins of Kendal has also relocated from Finkle Street in the town centre to take a 747 sq ft unit on a fifteen-year lease at £28,500 per annum.
The final letting sees Scandinavian By Design, originally an internet based retailer, take a 616 sq ft unit in the scheme on a fifteen year lease at £23,350 per annum.
Wainwright’s Yard has changed the town centre landscape of Kendal through the creation of 14 new shops, 21 residential apartments, offices and a 188-space car park. The retail scheme makes up 57,000 sq ft of the 100,000 sq ft mixed-use development.
Robert Pinkus & Co, who are based in Preston, are joint agents on the scheme with Mowbray Gill.