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FREEHOLD AVAILABLE - 41-42 MIDDLEGATE, PENRITH

For sale: £150,000.00|2,173 Sq Ft|Retail

Property details

FOR SALE£150,000.00
SIZE2,173 Sq Ft
ADDRESS41-42 Middlegate, Penrith, Cumbria, CA11 7PT
TYPERetail
TENUREFor Sale Freehold
POSTED ON20th March 2024

Description

BEST AND FINAL OFFER DEADLINE
Best & Final offers are invited for the freehold interest, date to be confirmed after initial 8-week marketing period.

KEY FEATURES
Freehold
Vacant Possession
Multiple Floors

LOCATION
Penrith is a town located in the north of England, It lies 20 miles south of Carlisle and 17 miles northeast of Keswick.

The property is located on a secondary pitch of Penrith Town Centre, just north of the traditional retail core at Market Square and Devonshire Street. Nearby Occupiers include Savers, Peacocks, B&M and a number of other national retailers

DESCRIPTION
The banks demise extends over three floors with the ground floor consisting of the former main banking hall and meeting rooms. The upper floors have been under-utilised for storage, but have good residential potential which should provide value to investors.

TENURE
Freehold

BUSINESS RATES
Interested parties to make their own enquiries with the Local Authority.

Rateable Value: £14,250
Rates Payable (Est.): £7,110.75

Location

marker
Location: 41-42 Middlegate, Penrith, Cumbria, CA11 7PT

Penrith (0.3 miles)

Langwathby (5.0 miles)

Lazonby & Kirkoswald (7.2 miles)

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