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Commercial Property for sale

Middlegate, Penrith, CA11 7PG

Guide Price* £95,000

Property Description

Key features

  • Freehold retail & residential building
  • Town centre location
  • Alternative use potential (subject to planning)

Full description

Tenure: Freehold

For Public Auction at 5th December at 11:00

Location
Penrith lies about 20 miles south of Carlisle and just to the north of the Lake District National Park. The town sits to the east of the M6 motorway, which can be accessed at junction 40 via the A592 with the A66, A6 and A686 also intersecting in the town. Penrith railway station is on the West Coast Mainline, providing direct rail services to London, Birmingham, Manchester, Glasgow and Edinburgh.
Middlegate is one of the main retailing thoroughfares in the town centre. The building lies on its west side at its junction with Devonshire Street. Nearby occupiers include William Hill, Burton and Argos.

Description
The property comprises a mid terraced building of traditional construction beneath a pitched roof. The building is arranged as a ground floor retail unit with rear ancillary accommodation and ancillary accommodation on the first and second floors. To the rear of the first floor there is access to two disused flats at second floor level, each providing one bedroom.

Tenure
Freehold.

Planning Authority
Eden District Council (01768 817817) www.eden.gov.uk.

EPC Rating 164 Band G.

Viewings
10:00am on Thursday 24 November 2017

Please refer to the legal documentation.

For further information please go to www.lshauctions.co.uk


Map & Street View

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Lambert Smith Hampton, Auctions on 0208 012 4639.


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