Retail premises to let in Burrowgate, Penrith CA11, £15,000 pa

15,000.00 per month

Offer Nr.:
64190692
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Edwin Thompson
Phone(s):
0153 94 56083

* Unfurnished
• A ground floor retail premises forming part of a mid - terrace three storey
mixed - use building in Penrith Town Centre
• Large open plan shop with prominent shop frontage
• Nearby occupiers include Zabka Food Plus, Sands Giftware, Tilly’s clothes
shop, Peacocks, B&M Bargains and Arnison & Sons
• Total Overall Net Internal Area of 143. 14 sq m (1, 541 sq ft)
• Rental - £15, 000 per annum exclusive.
• Alternatively, the long - leasehold may be available to purchase, further
information available upon request.
**Location
**
The subject property occupies a prominent position on Burrowgate, immediately
adjacent to its junction with Middlegate in the main shopping core of Penrith
town centre, Cumbria in the North West of England.
Penrith is an attractive and affluent market town situated on the north east
fringe of the Lake District National Park. It is well located being on
Junction 40 of the M6 providing direct access north and south and to the A66
which leads west to the Lake District National Park and east to Scotch Corner
and the A1(M).
Penrith has a resident population of approximately 15, 000 (2011 Census) and is
located within Eden District with a District population of over 51, 000.
Carlisle is approximately 20 miles to the north, Kendal 32 miles to the south
and Keswick 18 miles to the west. Penrith has a train station on the main West
Coast Line with direct services north to Carlisle and Glasgow and South to
London Euston with a journey time of around 3 hours.
Burrowgate connects with Middlegate which forms part of the A6, one of the
main routes into Penrith town centre leading from Scotland Road, less than 1
mile to the north and travels south linking with the heart of the town centre
providing a range of local, regional and national retail occupiers as well as
leisure facilities and national supermarket brands. The A6 continues south
linking with King Street which connects with the A66 trunk road providing a
link west to Junction 36 of the M6 motorway network approximately 2 miles away
and east to Scotch Corner. Penrith Railway Station is around 800 metres to the
south west of the property.
**Description
**
The premises comprise a ground floor lock - up retail unit which forms part of a
larger building thought to be of sandstone and brick construction underneath a
flat felted mansard roof. The subject unit has an aluminium framed single
glazed shop frontage with double aluminium framed glazed doors to one side and
a tile facia surround.
Internally, the property is a former bookmakers and is arranged with an open
plan customer area, cash kiosk to the rear as well as a staff room, customer
WC's and a secondary entrance/exit.
The unit provides flexible accommodation for a variety of uses, subject to
planning, within a prominent retailing pitch of Penrith town centre.
**Accommodation
**
It is understood that the premises provide the following approximate net
internal areas:
Ground Floor 143. 14m2 (1, 541 sq ft)
Total Approximate Net Internal Area 143. 14m2 (1, 541 sq ft)
Shop Frontage 7. 05m 23 ft
Shop Depth 21. 93m 72 ft
**Services
**
It is understood that the property is connected to mains electricity, water,
and the mains drainage/sewerage system.
It should be noted that the services have not been tested and therefore should
not be relied upon.
**Lease terms
**
The property is available by way of a new Full Repairing & Insuring lease for
a number of years to be agreed and at a commencing rental of £15, 000 per annum
exclusive.
Alternatively, the long - leasehold may be available to purchase. Further
details on application.
**Rateable value
**
It is understood from the voa website that 10 Burrowgate has a Rateable Value
of £13, 250 which rises to £15, 750 from 1 April 2023.
Prospective purchasers should check the exact rates payable with Eden District
Council.
**Energy performance certificate
**
The building has an Energy Performance Asset Rating of C71 and a copy of the
certificate is available upon request or to download from the Government's
online EPC database.
**Legal costs
**
Each party to bear their own legal costs in the preparation and settlement of
the lease documentation together with any VAT thereon.
**VAT
**
All figures quoted are exclusive of VAT where applicable.
**Viewing
**
The property is available to view by prior appointment with the Windermere
office of Edwin Thompson llp. Contact:
Joe Ellis at our Windermere Office
**Important notice
**
Edwin Thompson for themselves and for the Vendor of this property, whose
Agents they are, give notice that:
1\. The particulars are set out as a general outline only for the guidance of
intending purchasers and do not constitute, nor constitute part of, any offer
or contract.
2\. All descriptions, dimensions, plans, reference to condition and necessary
conditions for use and occupation and other details are given in good faith
and are believed to be correct, but any intending purchasers should not rely
on them as statements or representations of fact, but must satisfy themselves
by inspection or otherwise as to their correctness.
3\. No person in the employment of Edwin Thompson has any authority to make or
give any representation or warranty whatsoever in relation to this property or
these particulars, nor to enter into any contract relating to the property on
behalf of the Agents, nor into any contract on behalf of the Vendor.
4\. No responsibility can be accepted for loss or expense incurred in viewing
the property or in any other way in the event of the property being sold or
withdrawn.
5\. These particulars were prepared in March 2023.

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