37-38 Middlegate
Penrith CA11 7PT
Retail Property For Sale

FREEHOLD SALE PRICE REDUCED TO £199,950 LEASE EXPIRY NOVEMBER 2034 NO LEASE BREAKS NO VAT PAYABLE The property comprises a building of traditional masonry, the external walls are formed in red sandstone blocks and roof is a pitched Mansard style design, which has been clad in slates. The property has accommodation arranged over four floors, with the ground, first, second and third floors all providing retail and ancillary accommodation. The market town of Penrith is located in Cumbria, close to the Lake District National Park. The town is connected to the rest of the country by Junction 40 of the M6 motorway and the A6, A66 and A686 trunk routes. Public transport links are provided via the town’s railway station, which is on the West Coast Mainline and national coach services, as well as local bus routes. The property is located on Middlegate in the town centre of Penrith. The property stands at the junction between Middlegate and Queen Street. The surrounding area forms part of the town's main shopping area, with the surrounding properties occupied by a mixture of both local traders and national retail businesses.