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.
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 with space for staff parking.
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 www.voa.gov.uk.
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.
Arrange a viewing
Last updated: 18th April 2023 - 10:53 am