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3 Middlegate
1,348 SF of Retail Space Available in Penrith CA11 7PG
Highlights
- Well located mid-terrace building
- Close to main retailers
- Excellent footfall
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,348 SF | 3 Years | $16.34 /SF/YR $1.36 /SF/MO $175.87 /m²/YR $14.66 /m²/MO $1,835 /MO $22,025 /YR | Fully Repairing & Insuring |
Ground
The property comprises a mid-terrace building being of rendered stone construction, beneath a pitched tile roof and benefits from full width timber display frontage to Middlegate, and open plan ground floor sales accommodation. Ancillary/storage accommodation is provided to the first and second floors. The property has recently been extensively renovated both internally and externally to include works such as new timber floor coverings to the ground and first floors, new acoustic tiled suspended ceiling, new plumbing and kitchen fittings throughout together with a full re-wire and redecoration.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Kitchen
- Secure Storage
- Open plan ground floor sales accommodation
- Ancillary accommodation on the upper floors
- New lease available
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 3 Middlegate , Penrith, CMA CA11 7PG
| Property Type | Retail | Gross Leasable Area | 2,830 SF |
| Property Subtype | Storefront | Year Built | 1969 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,830 SF |
| Year Built | 1969 |
About the Property
The market town of Penrith is located approximately 20 miles south of Carlisle, and 6 miles to the east of the M6. The subject property is situated in a prominent position within Penrith town centre, at the junction of Middlegate and Devonshire Street. Nearby retailers include B&M Bargains, ShoeZone, Greggs and Argos.
- Storage Space
-
Joe Assalone -
Robert Pinkus & Co
Learn More About Leasing Retail Properties
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3 Middlegate
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