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5 Cornmarket
430 SF of Retail Space Available in Penrith CA11 7DA
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 430 SF | Negotiable | $25.05 /SF/YR $2.09 /SF/MO $269.68 /m²/YR $22.47 /m²/MO $897.76 /MO $10,773 /YR | Fully Repairing & Insuring |
Ground
Property Features: Comprises ground floor retail shop VAT is NOT applicable to this property Available on a new lease with flexible terms Situated in the heart of Penrith, with occupiers nearby including Domino’s, Betfred, Vision Express and more. Property Description: Comprises ground floor retail shop, suitable for variety of uses (Class E), providing the following accommodation and dimensions: Ground Floor: 40 sq m (430 sq ft) Open plan retail, Storage, Kitchenette, WC Terms: Available on a new lease with terms to be agreed by negotiation Rent: £163.46 per week (PCM: £708.33) (Per Annum: £8,500) Deposit: £2,125 (3 Months) Rateable Value: Rateable Value - £4,150 p.a. Rates Payable - £0* *Note - Small business rates relief available (subject to terms) EPC: The property benefits from a C Rating. Certificate and further details available on request. Location: Penrith is a popular market town on the fringe of the Lake District National Park adjacent to junction 40 of the M6 motorway, and the A66 Trans Pennine Trunk Road interchange; has a railway station serving the main West Coast Line between London and Scotland. The town is 20 miles south of Carlisle and 28 miles north of Kendal, the nearest competitive retail centres. Penrith has a resident population circa 16,000 with a local authority catchment in the region of 50,000. Cornmarket has a good trading position in the town and benefits from a range of national occupiers having a presence in the immediate vicinity including Domino’s, Betfred and Vision Express. For identification purposes only the property is shown circled blue on the location plan attached overleaf.
- Use Class: E
- Fully Built-Out as Standard Retail Space
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 5 Cornmarket , Penrith, CMA CA11 7DA
| Property Type | Retail | Gross Leasable Area | 430 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 430 SF |
| Year Built | 1910 |
Features and Amenities
- Storage Space
-
Joseph Bachman -
Blue Alpine Partners Ltd
Learn More About Leasing Retail Properties
Presented by
5 Cornmarket
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