Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

Investment Highlights

  • Long established retail premises in historic market town
  • Commercial with residential potential for part or full redevelopment, STP
  • Surrounded by well known George Hotel in popular location with multiple independent traders, pubs/bars

Executive Summary

The subject property comprises a part single, two and three storey terrace building with prominent ground and first floor sales areas plus a wealth of development potential. The property is long established in the heart of the town centre having traded for many years as a home lifestyle concept and furniture shop. Effectively split into two, the property comprises a main retail showroom section with prominent floor to ceiling windows (Nos. 49 & 50 Burrowgate). The adjoining No. 51 Burrowgate is interlinked and has a residential style frontage and interior requiring refurbishment. Located in the heart of Penrith within the town centre there is public on street parking to the front. The surrounding area is a mix of strong local independent and national retailers along with pub, café and restaurant premises in what is a vibrant mix.

Property Facts

Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Office
Property Size
5,761 sq ft
Costar Property Class
C
Year Built
1990
Price
£275,000
Price per sq ft
£47.73
Tenancy
Single
Number of Floors
3
Plot ratio
1.65
Total Plot Size
0.08 ac
Frontage
81 ft on Burrowgate

Nearby Major Retailers

Costa Coffee
Santander
Barclays
National Westminster Bank Plc
SPAR
Morrisons
Booths
Sainsbury's
Lounges
ASDA
  • Listing ID: 39788404

  • Date on Market: 16/03/2026

  • Last Updated:

  • Address: 49-51 Burrowgate St, Penrith CA11 7TA

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}