Retail premises to let in Devonshire Street, Penrith CA11

Retail Shop Unit

• Ground floor Sales Area 100 sqm (1,074 sqft) plus upper floor stores
• Grade II* Listed period property
• Prime town centre location
• Edge of Lake District market town

Location
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 a prime position in the town centre, fronting Devonshire Street.

Description
The property comprises a Grade II* Listed period terrace stone building.

Accommodation & Floor Areas
Floor Description Sqm Sqft
Ground Sales Area 99.8 1,074
First Store Room 46.5 501
Staff Kitchen 5.1 55
Store Room 14.3 154
2 x WC’s

Net frontage 6.2 m
Shop depth 16.2 m

All references to areas and dimensions are deemed to be approximate.

Services
We are advised that mains water, electricity, gas and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

Tenure
The property is offered on a new lease with the tenants responsible for all non-structural repairs and the buildings insurance premium. The prospective tenant and the proposed use will need to be approved by the landlord.

Fixtures & Fittings
Any items in the nature of fixtures and fittings not referred to in these particulars are excluded.

Planning
Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority, Westmorland & Furness.

Rates
Description in list: Shop & premises
Rateable Value: £23,750

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

These premises lie within the Penrith Business Improvement District which attracts a 2% levy on the rateable value.

Energy Performance Certificate
Energy Rating: D.
A copy of the EPC is available on our website.

Vat & Stamp Duty
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

Finance
If you require financial assistance, we can refer you to a local professional who can advise on sources of finance and prepare a business plan which most lenders now require.

Legal Costs
The ingoing tenant will be expected to pay the landlord’s reasonable legal costs in connection with the lease.

Money Laundering Legislation
Estate Agents are obliged to obtain evidence of identity and proof of address of buyers and tenants to comply with Anti-Money Laundering Legislation, prior to acceptance of an offer.