Property photos
£180,000
(£167.23/sq. ft)
Retail premises for sale
Market Square, Penrith CA111,076 sq. ft
Local area information
Property location
Nearby amenities
- Brunswick School 0.2 miles
- St Catherine's Catholic Primary School 0.3 miles
- Penrith (North Lakes) 0.3 miles
- Langwathby 4.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Penrith to find out more about the local area.
Features and description
- Ground floor shop with banking counter, atm and office
- Office/interview, staff, kitchen and welfare facilities across 1st and 2nd floor
- Emergency exit/potential self contained access to upper floors
- Extends over adjoining archway leading to popular long established Giannis Itali
- Well presented and in good order throughout with all parts in use by tenant
- Adjacent Angel Lane and Angel Square Shopping Centre
Location
The subject property occupies a most prominent location in the very centre of the popular market town of Penrith being situated at the gateway to the northern Lake District. Penrith sits at the crossroads of the M6 (Jct 40) and the A66 arterial route leading to the A1/M1 in the east and the Lake District National Park, approx. 8 miles west.
Other occupiers include Benetton, HSBC, J & J Graham, Greggs, Boots and Costa Coffee along with a strong mix of local independent stores, cafes and bars. The George Hotel is opposite. There is a pull in lay-by to the front of the building.
Description
An 18th century, mid-terrace, 3 storey, Grade II listed building in ashlar stone with timber shop front and single glazed 16-pane sliding sash windows across the upper floors beneath a pitch and slate roof. Internally the property is arranged as a banking counter across the ground floor with office/interview rooms to first floor along with staff, welfare and stores to both upper floor levels. The building extends over an adjoining archway which leads through to a small courtyard comprising access to Giannis Italian restaurant. There are both front and rear emergency exits but no external areas.
Services
Mains electric, water and drainage are connected to the
property which also benefits from air conditioning. It is
stressed that none of the services or associated plant
has been tested.
Business rates
The Rateable Value of the subject property is £12,250.
Interested parties should contact Westmorland & FurnessCouncil on
EPC
The property benefits from an EPC Rating of c-63 andan Air Conditioning Inspection Certificate.
Planning
The building is Grade II listed and lies within the central Penrith Conservation Area. Surrounding uses include
retail, restaurant, banking, office, café and takeaway.
Interested parties can enquire of Westmorland & Furness Council on ; alternatively telephone: Accommodation
The property comprises the following approximate areas:
Ground Floor
Retail banking counter: 9 m2 (315 ft2 )
Office: 6 m2 (61 ft2 )
Lower Ground; off banking counter 1st Floor Office/interview: 29 m2 (315 ft2 )
Kitchenette: 4 m2 (43 ft2 ) with stainless steel single drainage sink unit and base unit with brew point
Ladies toilet: 1wc & 1whb
Stairwell store cupboard: 2 m2 (19 ft2 )
2nd Floor Staff/kitchen: 15 m2 (166 ft2 ) with stainless steel single drainage sink unit with store off comprising server room of 2 m2 (18 ft2 )
Stores: 13 m2 (133 ft2 )
Gents toilet: 1 wc & 1 whb
Total Area: 100 m² (1,070 ft²)
Tenure
The property is freehold subject to a 5 year lease from 8 October 2024 on full repairing and insuring terms at a passing rent of £12,600 per annum which is not subject
to review. The tenant has a break option at 7 October 2027 on 6 month’s prior written notice. The current permitted use is office and retail.
Price
£180,000 for the freehold interest subject to the existing lease to Santander dated 8 October 2024.
VAT
All prices are quoted exclusive of and are not liable to Vat.
Viewings & contact
Please refer all enquiries to Stephen Sewell: T: E:
Walton Goodland, 10 Lowther Street, Carlisle, CA3 8DA
The subject property occupies a most prominent location in the very centre of the popular market town of Penrith being situated at the gateway to the northern Lake District. Penrith sits at the crossroads of the M6 (Jct 40) and the A66 arterial route leading to the A1/M1 in the east and the Lake District National Park, approx. 8 miles west.
Other occupiers include Benetton, HSBC, J & J Graham, Greggs, Boots and Costa Coffee along with a strong mix of local independent stores, cafes and bars. The George Hotel is opposite. There is a pull in lay-by to the front of the building.
Description
An 18th century, mid-terrace, 3 storey, Grade II listed building in ashlar stone with timber shop front and single glazed 16-pane sliding sash windows across the upper floors beneath a pitch and slate roof. Internally the property is arranged as a banking counter across the ground floor with office/interview rooms to first floor along with staff, welfare and stores to both upper floor levels. The building extends over an adjoining archway which leads through to a small courtyard comprising access to Giannis Italian restaurant. There are both front and rear emergency exits but no external areas.
Services
Mains electric, water and drainage are connected to the
property which also benefits from air conditioning. It is
stressed that none of the services or associated plant
has been tested.
Business rates
The Rateable Value of the subject property is £12,250.
Interested parties should contact Westmorland & FurnessCouncil on
EPC
The property benefits from an EPC Rating of c-63 andan Air Conditioning Inspection Certificate.
Planning
The building is Grade II listed and lies within the central Penrith Conservation Area. Surrounding uses include
retail, restaurant, banking, office, café and takeaway.
Interested parties can enquire of Westmorland & Furness Council on ; alternatively telephone: Accommodation
The property comprises the following approximate areas:
Ground Floor
Retail banking counter: 9 m2 (315 ft2 )
Office: 6 m2 (61 ft2 )
Lower Ground; off banking counter 1st Floor Office/interview: 29 m2 (315 ft2 )
Kitchenette: 4 m2 (43 ft2 ) with stainless steel single drainage sink unit and base unit with brew point
Ladies toilet: 1wc & 1whb
Stairwell store cupboard: 2 m2 (19 ft2 )
2nd Floor Staff/kitchen: 15 m2 (166 ft2 ) with stainless steel single drainage sink unit with store off comprising server room of 2 m2 (18 ft2 )
Stores: 13 m2 (133 ft2 )
Gents toilet: 1 wc & 1 whb
Total Area: 100 m² (1,070 ft²)
Tenure
The property is freehold subject to a 5 year lease from 8 October 2024 on full repairing and insuring terms at a passing rent of £12,600 per annum which is not subject
to review. The tenant has a break option at 7 October 2027 on 6 month’s prior written notice. The current permitted use is office and retail.
Price
£180,000 for the freehold interest subject to the existing lease to Santander dated 8 October 2024.
VAT
All prices are quoted exclusive of and are not liable to Vat.
Viewings & contact
Please refer all enquiries to Stephen Sewell: T: E:
Walton Goodland, 10 Lowther Street, Carlisle, CA3 8DA
More information
Listed by
Walton Goodland
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