Retail Space for sale in Penrith

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Penrith, Cumbria, England

  • Freehold Price: £105,000
Seller Reference: MA1211
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Business Description
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Seller Reference: MA1211
Request Details
Business Description
• Ground floor retail shop with storage
• Upper floor one bedroom flat
• Suit range of uses including conversion to dwelling, subject to planning
• Fronting main road in residential area on edge of town centre
• Traditional and bustling edge of Lake District market town

Penrith is a market town located on the north east fringe of the Lake District with a population of around 16,000 and catchment population of around 45,000. It has excellent transport links being at the junction of the M6 motorway and the A66 trans-Pennine trunk road and has a Station on the west coast main line linking London and Glasgow. Major retailers in the town include Argos, Morrisons, B & Q, Booths, Sainsburys, Aldi, W H Smith, Boots and Sports Direct. The property fronts Castlegate in a mainly residential part of the town centre near Morrisons and the Station. An end of terrace stone building with partly rendered elevations and pitched slate roof.

Ground Floor
Entrance Lobby
Shop (4.50m x 5.04m) with counter and understairs storage.
Rear Lobby with access to back yard/ garden
Store/ Kitchen Area (2.90m x 3.03m) with stainless steel sink unit.

First Floor
Kitchen (4.53m x 2.30m max) with units, electric hob and stainless steel sink unit.
Living Room (3.21m x 2.96m).

Second Floor
Bathroom with bath, WC and wash hand basin.
Bedoom (3.80m x 2.86m) with walk-in cupboard.

Enclosed rear garden/ yard.

All references to areas and dimensions are deemed to be approximate.

We are advised that mains water, electricity, gas and drainage are connected to the property. It has gas central heating. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

We are advised the property is freehold.

Description in list: Shop & Premises
Rateable Value: £2,425
Council Tax: Band A

The property qualifies for 100% small business rates relief.

Fixtures & Fittings
Any items in the nature of fixtures and fittings not referred to in these particulars are excluded.

Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority. The property has potential to convert to a dwelling, subject to planning permission.

VAT & Stamp Duty
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

If you require financial assistance, we can refer you to a local professional who can advise on sources of finance and prepare a business plan which most lenders now require.
Is accommodation included?:
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