3 Portland Place, Penrith, CA11 7QN
£113.09 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
955 sq ft
89 sq m
- SECTOR
Office for sale
Key features
- Offices and ancillary on first and part first floor, with basement storage space
- The freehold includes a flat and maisonette, both sold off on long leaseholds
- Excellent location
- Would suit a variety of uses (subject to planning)
Description
The property is situated on the western side of Portland Place, Penrith, immediately opposite Coronation Garden and the local council offices at Voreda House and is approximately 200 metres to the west of the town centre. There is on street parking in the locality and the town hall car park is 50 metres to the east.
Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line.
Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, WH Smiths, Morrisons, Aldi and M&S Foodhall. The property lies in the 'narrows' on the main shopping street in the centre of Penrith providing an excellent retail or service position.
The property is situated in a conservation area.
Description
This property is a 19th century, mid-terraced stone building arranged across 4 storeys plus basement. The offices are across ground and part first floor with storage space in the basement. The remainder of the first floor has been converted into a flat, with the second and third floor having been converted into a maisonette. Both the flat and maisonette have been sold off on long leaseholds.
Tenure Comments
The property is held freehold under title CU47897. Flats 1 and 2 to which the freehold is subject are under separate ownership under long leasehold titles CU90509 and CU84909.
VAT
All references to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp Duty Land Tax is liable at the prevailing rates where appropriate.
Planning
Prospective purchasers or tenants should satisfy themselves that the proposed use complies with all planning regulations by making enquires of the local planning authority. We understand the building is not a listed building.
Services
Understood to be connected to mains water electricity and sewerage. No warranty is given regarding the working order of any appliances or services referred to in these particulars
EPC Information
The property has an EPC rating of G.
Brochures
3 Portland Place, Penrith, CA11 7QN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Penrith Station0.4 miles
- Langwathby Station4.1 miles
About DGRE, Stockton-On-Tees
Hampdon House, Falcon Court, Preston Farm Industrial Estate, Stockton-On-Tees, TS18 3TSNotes
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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 DGRE, Stockton-On-Tees on 01642 056998.
*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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