22-23 Middlegate, Penrith – UNDER OFFER

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.

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.

Sales – 2,225 sq. ft. (207 sq. m.)

Stores – 905 sq. ft. (84 sq. m.)

Office/Staff – 145 sq. ft. (13 sq. m.)

£21,250 (2023 listing)

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

A new lease for a term of years to be agreed on full repairing and insuring terms at £25,000 per annum.

A sale of the freehold interest in the property would be considered for offers in the region of £250,000.

VAT is payable in addition to the rent or sale price.

The property has an EPC rating of D99.

Please contact Walton Goodland.

Strictly no approach must be made to the existing tenants.