22-23 Middlegate, Penrith
Cumbria, CA11 7PG
LARGE RETAIL PREMISES IN MARKET TOWN CENTRE WITH MAIN ROAD FRONTAGE
- POPULAR EDGE OF LAKE DISTRICT MARKET TOWN WITH STRONG CATCHMENT AREA
- WELL LOCATED SHOP FRONTING MAIN STREET THROUGH TOWN CENTRE
- OTHER OCCUPIERS INCLUDE ALHAMBRA CINEMA, HALIFAX BANK, B&M AND A MIX OF LOCAL OCCUPIERS
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.
Floor Plans & EPC
DESCRIPTION
A mid terrace retail store currently let for a term of 3 years commencing April 2024 with break option at year 2.
The property comprises ground floor sales with 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 B&M, Alhambra Cinema and Penrith & Eden Museum, alongside a mix of local and regional retailers.
Bluebell Lane pay and display public car park is located to the rear of the property, with disc zone parking to the front.
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 www.voa.gov.uk.
SALE
Offers in the region of £250,000 for the freehold interest in the property, with benefit of current tenant.
VAT
VAT is payable in addition to the 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.
Arrange a viewing
Last updated: 8th May 2024 - 2:51 pm