Retail premises for sale in Middlegate, Penrith CA11, £250,000

250,000.00

Offer Nr.:
64423866
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Walton Goodland
Phone(s):
01228 304863

* Popular edge of lake district market town with strong catchment area
* Well located shop fronting main street through town centre
* Other premises include alhambra cinema, halifax bank, B&M and A MIX of occupiers
**Description
**
A mid terrace retail store previously occupied by Savers with ground floor
sales and first floor stores and staff accommodation.
A loading bay is located to the rear, the area hatched in blue on the plan has
historic shared access rights with the adjoining properties both for vehicular
and pedestrian access.
**Location
**
The property is located on Middlegate in Penrith Town Centre fronting the main
one way system through the town. Nearby occupiers include Halifax Bank, B&M,
Alhambra Cinema, alongside a mix of local and regional retailers.
**Accommodation
ground floor
**
Sales – 2, 225 sq. Ft. (207 sq. M. )
**First floor
**
Stores – 905 sq. Ft. (84 sq. M. )
Office/Staff – 145 sq. Ft. (13 sq. M. )
**Rateable value
**
£21, 250 (2023 listing)
Interested parties should make their own enquiries of the Valuation Office
Agency at .
**Lease
**
A new lease for a term of years to be agreed on full repairing and insuring
terms at £25, 000 per annum.
**Sale
**
A sale of the freehold interest in the property would be considered for offers
in the region of £250, 000.
**VAT
**
VAT is payable in addition to the rent or sale price.
Energy performance certificate (EPC)
The property has an EPC rating of D99.
**Viewings
**
Please contact Walton Goodland.
Strictly no approach must be made to the existing tenants.

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