Retail premises to let in Devonshire Street, Penrith CA11

Etail Shop

• Sales area 73 sqm (786 sqft)
• Character property prominently located on main shopping street
• Suit range of retail or service uses
• Additional floor space could be available in adjoining property
• Available by way of a new lease
• 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 is situated in Devonshire Street, a Conservation area in the heart of the main shopping part of the town centre with frontage also onto Burrowgate and adjoining the George Hotel.

Description
The shop forms part of one of the oldest buildings in Penrith and has much character with open plan ground floor sales divided into separate areas, basement and wc. Suit range of retail or service uses.

Accommodation & Floor Areas
Description Sqm Sqft
Sales Area 73.0 786
Basement 41.1 442

WC

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

Services
We are advised that mains water, electricity, 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.

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

Tenure
The property is offered on a new year lease for a term to be agreed. The tenant will be responsible for maintenance and repairs and outgoings including the buildings insurance premium which is arranged by the landlord.

Rates
Description in list: Shop & premises
Rateable Value: £12,000

The property qualifies for small business rates relief.

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

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. The property is N/A Listed and is in a No Conservation area.

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.

Viewing
Strictly by appointment with the sole agents, Mere Commercial. Tel.