41 King Street, Penrith, Cumbria, CA11 7AY

LOCATION
Penrith is a popular market town on the fringe of the Lake District National Park, adjacent to junction 40 of the M6 motorway and the A66 Trans Pennine Trunk Road interchange.

The property is located fronting King Street, close to the intersection of Devonshire Street, and along from the main Market Square.

DESCRIPTION
A Grade II listed building, the ground floor is currently fitted out and trades as a good quality restaurant with direct access from King Street, and also a secondary access from Rowcliffe Lane at the rear.

The first and second floors at the front of the building are currently fitted out as office suites with their own dedicated access off King Street.

The rear section of the building has been converted to provide a mixture of 4 no. 1 bed flats and 2 no. 2 bed flats, which are privately rented on Assured Shorthold Tenancy agreements.

ACCOMMODATION SQ M SQ FT
Ground Floor Restaurant
Restaurant & Bar Area 92 990
Kitchen, Prep & Storage 38 410
Entrance Area & WCs 18.3 200

First & Second Floor Offices
First Floor Office & Ancillary 79 850
Second Floor Office & Ancillary 83.5 900
Second Floor Storage (above 1.5m) 14 150

Residential Flats
Flat 1 - 1 bedroom 23.25 250
Flat 2 - 1 bedroom 27.87 300
Flat 3 - 1 bedroom 24.22 260
Flat 4 - 1 bedroom 25.51 275
Flat 5 - 2 bedroom 55.75 600
Flat 6 - 2 bedroom 46.45 500

SALE PRICE
Offers in the region of £775,000 are invited for the sale of the freehold investment plus VAT.