14 Devonshire Street, Penrith – PLANNING NOW APPROVED TO CONVERT UPPER FLOORS TO RESIDENTIAL
Cumbria, CA11 7SR
FOUR-STOREY MID-TERRACE COMMERCIAL PREMISES IN HEART OF PENRITH TOWN CENTRE
- CURRENTLY GROUND FLOOR RETAIL SPACE WITH UPPER FLOOR POTENTIAL
- PRIME CENTRAL LOCATION IN THRIVING MARKET TOWN FRONTING DEVONSHIRE STREET
- OTHER OCCUPIERS IN THE VICINITY INCLUDE TOYMASTER, B&M, PFK, SHOE ZONE & GREGGS ALONGSIDE LOCAL OPERATORS
- LETTING OF GROUND FLOOR ONLY WILL BE CONSIDERED
Location
The subject property is located fronting Devonshire Street in the heart of Penrith town centre with rear access onto Little Dockray. The property is situated within a predominantly mixed use retail area.
ACCOMMODATION
The property comprises the following approximate areas:-
GROUND FLOOR
Sales
372 sq ft (35 sq m)
Store
28 sq ft (3 sq m)
FIRST FLOOR
Stores
305 sq ft (28 sq m)
Toilet
1 WC & 1 WHB
SECOND FLOOR
Stores
308 sq ft (29 sq m)
THIRD FLOOR
Stores
214 sq ft (20 sq m)
BASEMENT
Stores
209 sq ft (19 sq m)
OUTSIDE
External rear access via a small private lane to Little Dockray.
DESCRIPTION
The property is a mid-terrace four-storey plus cellar building of traditional masonry construction being rendered to both the front and rear beneath a pitch and tile covered roof.
Planning has now been approved to convert the upper floors to two residential flats. Further details can be viewed via the Eden District Council website under planning application number 20/0391.
SERVICES
Mains electricity, water and drainage are connected to the property.
RATEABLE VALUE
£11,500 (2017 listing)
Interested parties should make their own enquiries of the Valuation Office Agency at www.voa.gov.uk.
Please note that as of 1 April 2017 if this is your only commercial premises and the Rateable Value is less than £12,000, then no business rates will be payable, subject to status.
RENT
£12,000 per annum, exclusive of business rates, VAT and all other outgoings.
In-going rent incentives now available.
LEASE
A new lease for a term of years to be agreed, on full repairing and insuring terms.
Consideration will be given to leasing the ground floor only.
SALE
Consideration will be given to a sale of the property for offers in the region of £120,000.
VAT
All rents, prices and outgoings are quoted exclusive of but may be liable to VAT.
VIEWINGS
Strictly by appointment only.
Arrange a viewing
Last updated: 25th September 2020 - 10:10 am