Offers in region of
£195,000
(£257.70/sq. ft)
Leisure/hospitality for saleAngel Lane, Penrith CA11
757 sq. ft
Just added
About this property
Property:
The ground-floor retail unit is currently let and occupied as a well-established dog-grooming business. The retail element comprises approximately 238 sq ft (22.1 sq m), including sales space, ancillary storage and W/C accommodation.
The upper floors provide approximately 519 sq ft (48.3 sq m) of accommodation and are currently operated, by the owners, as a short-term holiday let. The first floor comprises an open-plan lounge/kitchen, with two bedrooms and a shower room at second-floor level.
The holiday let business has been operated for four years, principally through Airbnb. Gross earnings from Airbnb were £58,5k from 692 booked nights, from 2023 to August 2026. The Airbnb listing consequently has over 200 highly positive guest ratings.
Currently listed on Airbnb only, with part of the calendar used by the owners, and managed remotely alongside full-time employment, the holiday let offers significant scope to increase bookings though additional channels, more hands-on management and wider availability. The owners are happy to advise on this regard.
Location:
The property is situated within Penrith town centre, on the pedestrianised Angel Lane. The surrounding area accommodates a mix of independent retailers, cafés and service businesses.
Penrith is an established market town on the eastern edge of the Lake District and benefits from both a local catchment and visitor trade. Penrith Bus Station is approximately 300 metres from the property and Penrith Railway Station is approximately 400 metres away, providing services on the West Coast Main Line to destinations including Carlisle, Manchester, Glasgow and London. Junction 40 of the M6 is approximately one mile to the west.
The ground-floor retail unit is currently let and occupied as a well-established dog-grooming business. The retail element comprises approximately 238 sq ft (22.1 sq m), including sales space, ancillary storage and W/C accommodation.
The upper floors provide approximately 519 sq ft (48.3 sq m) of accommodation and are currently operated, by the owners, as a short-term holiday let. The first floor comprises an open-plan lounge/kitchen, with two bedrooms and a shower room at second-floor level.
The holiday let business has been operated for four years, principally through Airbnb. Gross earnings from Airbnb were £58,5k from 692 booked nights, from 2023 to August 2026. The Airbnb listing consequently has over 200 highly positive guest ratings.
Currently listed on Airbnb only, with part of the calendar used by the owners, and managed remotely alongside full-time employment, the holiday let offers significant scope to increase bookings though additional channels, more hands-on management and wider availability. The owners are happy to advise on this regard.
Location:
The property is situated within Penrith town centre, on the pedestrianised Angel Lane. The surrounding area accommodates a mix of independent retailers, cafés and service businesses.
Penrith is an established market town on the eastern edge of the Lake District and benefits from both a local catchment and visitor trade. Penrith Bus Station is approximately 300 metres from the property and Penrith Railway Station is approximately 400 metres away, providing services on the West Coast Main Line to destinations including Carlisle, Manchester, Glasgow and London. Junction 40 of the M6 is approximately one mile to the west.
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Monthly repayment
£975 per month
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