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5 Cornmarket 602 sq ft Retail Property Penrith CA11 7DA £70,000 (£116.28/sq ft) 12.10% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Situated in the heart of Penrith
- Kitchenette
- Open plan retail
EXECUTIVE SUMMARY
Lot 260 is available for sale at an Savills online auction to be held on Monday 9th December and Tuesday 10th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £70,000, representing a gross initial yield of 12.1%.
The property comprises an investment opportunity for sale.
The asking price is £70,000, representing a gross initial yield of 12.1%.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
602 sq ft
Costar Property Class
B
Year Built
1910
Price
£70,000
Price per sq ft
£116.28
Yield
12.10%
NOI
£8,470
Tenancy
Single
Number of Floors
3
Plot ratio
0.23
Total Plot Size
0.06 ac
Frontage
18 ft on Cornmarket
AMENITIES
- Security System
- Signage
- Storage Space
- Smoke Detector
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Company Not Provided
5 Cornmarket
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