9-10 Middlegate, Penrith, Cumbria, CA11 7PG
£36.67 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
15,000-20,000 sq ft
1,394-1,858 sq m
- SECTOR
High street retail property for sale
Key features
- FOR SALE BY AUCTION 30TH OCTOBER 2025
- Let to B&M Retail Limited on a new 5 year lease (no breaks)
- Tenant in occupation for over 10 years
- Substantial shop of approx. 1,636.00 sq m (17,609 sq ft)
- Recently rebased rent (previously £75,500 pa)
- Benefits from rear access via Bluebell Lane
- Nearby occupiers include Peacocks, Greggs, Alhambra Cinema, Penrith Tourist Centre and a mix of local retailers, cafes and restaurants
- Rental income £50,000 per Annum Exclusive
Description
The property is located within Penrith town centre on the south side of the busy Middlegate. Nearby occupiers include Peacocks, Greggs, Alhambra Cinema, Penrith Tourist Centre and a mix of local retailers, cafes and restaurants.
Tenure
Freehold.
Description
The property comprises a substantial and prominent two storey building, providing ground floor retail and first floor ancillary accommodation. The property benefits from rear access via Bluebell Lane as well as being 50 metres from the Bluebell Lane public car park.
VAT
VAT is applicable to this lot.
EPC
The EPC is available to view online in the solicitor's legal pack.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
9-10 Middlegate, Penrith, Cumbria, CA11 7PG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Penrith Station0.3 miles
- Langwathby Station4.1 miles
Notes
Disclaimer - Property reference A13265-LOT49-Penrith. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Acuitus Limited, Acuitus. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 Acuitus Limited, Acuitus on 020 7870 2773.
*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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