Substantial town centre commercial property offering excellent potential for refurbishment, investment or redevelopment. The three-storey stone-built premises, with additional attic accommodation, feature former retail and showroom space at ground-floor level and extensive former storage space across the upper floors. The property offers flexibility for continued commercial use or potential residential redevelopment, subject to planning permission. A substantial gravelled plot extending to approximately 779 sqm provides valuable private parking for up to 26 vehicles.
- Asking Price:
- £350,000
- Turnover:
- Undisclosed
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Location:
-
Situated in a prominent and highly visible position in Penrith town centre, an established market town on the edge of the Lake District. The property comprises retail, showroom and storage accommodation across multiple floors, together with a substantial rear plot providing private parking.
- Premises Details:
-
Three-storey stone-built terraced commercial property, including an attic floor, with former retail and showroom space on the ground floor and former storage accommodation on the upper floors. The rear includes an approximately 779 sqm gravelled plot currently providing private parking for up to 26 vehicles.
- Size in square feet:
- 4,381 sqft
- Planning Consent:
-
Commercial refurbishment or residential redevelopment may be possible, subject to planning permission.
Business Operation
- Expansion Potential:
-
The property offers potential for commercial refurbishment or residential redevelopment, subject to planning permission.
