Commercial Property for saleMiddlegate, Penrith, CA11 7PG
Guide Price* £95,000
- Freehold retail & residential building
- Town centre location
- Alternative use potential (subject to planning)
For Public Auction at 5th December at 11:00
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.
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.
Eden District Council (01768 817817) www.eden.gov.uk.
EPC Rating 164 Band G.
10:00am on Thursday 24 November 2017
Please refer to the legal documentation.
For further information please go to www.lshauctions.co.uk
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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.
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