Retail premises to let in Carleton Fields, Penrith CA11

£17,000 pa (£12.24/sq. ft. pa)
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Retail premises to let

1,389 sq. ft*

Property description

• Under construction is a ground floor retail premises forming part of a larger three/four storey residential apartment block in the centre of the very popular Carleton Fields residential development scheme
• The unit will provide a large open plan shop with prominent shop frontage
• A standalone retail shop/convenience store to serve the large surrounding residential population.
• Total Overall Gross Internal Area of 129.00 sq m (1,389 sq ft)
• Rental - £17,000 per annum exclusive.


Location


The subject Village Hall and Retail Shop form part of a large residential development situated on Carleton Fields which is on the eastern outskirts of Penrith town centre, North Cumbria in the North West of England.

Penrith is an attractive and affluent market town situated just 3 miles to the north east fringe of the Lake District. It is well located being on Junction 40 of the M6 motorway network providing direct access north and south and to the A66 which leads west to the Lake District National Park and east to Scotch Corner and the A1(M).

Penrith has a resident population of approximately 15,200 (2012 Census) and is located within Eden District with a District population of over 52,600 (2011 Census). Carlisle is approximately 20 miles to the north, Kendal 32 miles to the south and Keswick 18 miles to the west. Penrith has a train station on the main West Coast Line with direct services north to Carlisle and Glasgow and South to London Euston with a journey time of around 3 hours.

The town is a popular tourist destination due to its proximity to the Lake District National Park, Yorkshire Dales and ease of accessibility. Penrith is a stopping point on a number of the Coast to Coast routes and is supported by good retail and leisure facilities including Sainsbury's, Booths, Morrisons and Aldi Supermarkets as well as Boots, M&S Food, Argos and WHsmith.

Carleton Fields is a large residential development site characterised by a mixture of detached, semi-detached and terraced housing on the eastern extent of Penrith and adjacent to similar residential development schemes, agricultural fields, public playing fields and a school. The main road into Carleton Fields is Carleton Hill Road which connects directly with the development roads including Primrose Drive which branches off to residential streets including Carleton Meadows and Tulip Gardens. Carleton Hill Road also travels south connecting with the A686 the main trunk road leading from the A66 roundabout which links back into Penrith via the A6 and continues on to Junction 40 of the M6 motorway network.


Description


Upon completion, the retail shop will occupy the ground floor element of a larger three/four storey residential apartment block of brick/block construction underneath a series of multi-pitched slate/tile roofs, incorporating UPVC double glazed windows, aluminium double glazed return shop frontage and sliding entrance door.

Internally, the shop will be open plan layout in shell condition for tenant fit out, including a fire escape door to a communal stairwell lobby.


Accommodation


It is understood that the premises provide the following approximate internal areas:

Ground Floor 129.00m2 (1,389 sq ft)

Total Approximate Net Internal Area 129.00m2 (1,389 sq ft)


Services


It is understood that the property will be connected to mains electricity, water, and the mains drainage/sewerage system.

It should be noted that the services have not been tested and therefore should not be relied upon.


Lease terms


Upon completion the property is available by way of a new Full Repairing & Insuring lease for a number of years to be agreed and at a commencing rental of £17,000 per annum exclusive.


Rateable value


The property is under construction and will need to be assessed for business rate purposes upon occupation.

Prospective purchasers should check the exact rates payable with Westmorland & Furness Council.


Energy performance certificate


An Energy Performance Certificate will be carried out upon completion of the scheme.


Legal costs


Each party to bear their own legal costs in the preparation and settlement of the lease documentation together with any VAT thereon.


VAT


All figures quoted are exclusive of VAT where applicable.


Viewing


The property is available to view by prior appointment with the Windermere office of Edwin Thompson llp. Contact:

Joe Ellis at our Windermere Office


Important notice


Edwin Thompson for themselves and for the Vendor of this property, whose Agents they are, give notice that:

The particulars are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of, any offer or contract.
All descriptions, dimensions, plans, reference to condition and necessary conditions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness.
No person in the employment of Edwin Thompson has any authority to make or give any representation or warranty whatsoever in relation to this property or these particulars, nor to enter into any contract relating to the property on behalf of the Agents, nor into any contract on behalf of the Vendor.
No responsibility can be accepted for loss or expense incurred in viewing the property or in any other way in the event of the property being sold or withdrawn.
These particulars were prepared in May 2023.

Property info

Floorplan(s): Floorplan 1

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* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Edwin Thompson, LA23 on +44 153 94 56083 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Edwin Thompson, and do not constitute property particulars. Please contact Edwin Thompson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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