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13-14 Middlegate, Penrith

Cumbria, CA11 7PG

Walton Goodland

agency@waltongoodland.com 01228 514 199
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith
13-14 Middlegate, Penrith

LARGE RETAIL STORE IN CENTRAL MARKET TOWN WITH ROAD FRONTAGE

  • POPULAR EDGE OF LAKE DISTRICT MARKET TOWN WITH STRONG CATCHMENT AREA
  • WELL LOCATED SHOP FRONTING HIGH STREET THROUGH TOWN CENTRE
  • OTHER OCCUPIERS INCLUDE SUPERDRUG, SUBWAY, MARKS & SPENCERS, BOOTHS
  • ARRANGED OVER 2 FLOORS WITH DELIVERY LIFT ACCESS

Location

The property is located on Middlegate in Penrith Town Centre fronting the main one way system through the town. Nearby occupiers include Superdrug, Benetton and Subway along with a mix of local and regional retailers. The town punches above its weight as a retail destination with many national occupiers represented including Sports Direct, Boots, Costa, Clarks, M & Co, O2 and Dorothy Perkins amongst others.

Floor Plans & EPC

DESCRIPTION

A mid terrace large format retail store previously occupied by Argos with ground floor sales and first floor stores and staff accommodation. A lift at the rear serves both floors with loading available and some staff car parking.

ACCOMMODATION

The property comprises the following approximate areas and dimensions:-

Net Frontage

41 ft ( 12.5 m)

GROUND FLOOR

Sales

4,852 sq ft (451 sq m)

Stores

330 sq ft ( 31 sq m)

FIRST FLOOR

Stores & Staff

2,750 sq ft (255 sq m)

RATEABLE VALUE

Shop and premises – £46,500

Interested parties should make their own enquiries of the Valuation Office Agency at www.voa.gov.uk.

SERVICES

The property is connected to all mains services and benefits from a goods lift and air handling/conditioning system.

RENT

£45,000 per annum exclusive of Business Rates, VAT and all other outgoings.

LEASE

A new lease for a term of years to be agreed.

TENURE

The property is available on a new lease, however, consideration will also be given to a sale of the freehold. For further information please contact the letting agents.

VAT

VAT to be confirmed.

VIEWINGS

Strictly by appointment only.

Arrange a viewing

Last updated: 30th May 2019 - 12:17 pm