Commercial Property in Dacre Cumbria available for sale
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Commercial Properties for Sale near the Dacre, Cumbria, Penrith

Commercial Properties for Sale Within 5 miles of the Dacre, Cumbria, Penrith

More details for 10 Market Sq, Penrith - Retail for Sale

10 Market Sq

Penrith, CA11 7BY

  • Retail for Sale
  • £180,000
  • 1,070 sq ft
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More details for 1-2 Queen St, Penrith - Retail for Sale

1-2 Queen St

Penrith, CA11 7XE

  • Retail for Sale
  • £195,000
  • 2,551 sq ft
  • Security System
  • 24 Hour Access
  • Smoke Detector

Penrith Retail for Sale

The property comprises a three storey town centre retail shop. The property is located on Queen Street in the centre of Penrith. Nearby occupiers include Poppins, Save the Children and the Alhambra Cinema. Penrith is a market town, situated just to the north-east of the Lake District National Park, with a population of around 15,000. Traditionally a farming area, the town also has local and regional businesses and tourist trade throughout the year. It is at J40 of the M6, which links with the west-east A66 trunk road, and 20 miles south of Carlisle and has a railway station on the West Coast Main Line. Local facilities include two secondary schools, a range of independent shops, pubs, cafes, a leisure centre and auction mart. Major retailers in the town include Argos, Peacocks, B&M, B&Q, Boots, Booths, Sainsburys, WH Smiths, Morrisons, Aldi and M&S Foodhall. The property is situated in a prime position on a main shopping street in the town centre. The property has a ground floor retail sales area, with first and second floor storage and a staff WC on the first floor. The Salvation Army occupy the premises under a lease dated 20th February 2025 which commenced on 1st March 2025 and expires 28th February 2031. There is a tenant only break on 1st March 2028. The lease is on standard FRI terms, but is subject to a Schedule of Condition. Permitted use is as a retail shop within Use Class E(a)of the Town and Country Planning Use Classes Order 1987 (as amended at the date of grant).

Contact:

DGRE

Date on Market:

08/10/2025

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More details for 12 Devonshire St, Penrith - Retail for Sale

12 Devonshire St

Penrith, CA11 7SR

  • Retail for Sale
  • £110,000
  • 836 sq ft
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More details for 55-57 Castlegate, Penrith - Retail for Sale

55-57 Castlegate

Penrith, CA11 7HY

  • Retail for Sale
  • £350,000
  • 4,377 sq ft
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More details for 4 Portland St, Penrith - Hospitality for Sale

Glendale Guest House - 4 Portland St

Penrith, CA11 7QN

  • Hospitality for Sale
  • £495,000
  • 1,000 sq ft
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FAQs about Commercial Properties For Sale in Dacre Cumbria

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How many Commercial Property listings are available for sale in Dacre Cumbria?
There are currently 0 Commercial Properties available for sale near Dacre Cumbria. These Dacre Cumbria Commercial Property listings have an average size of. The largest available listing in Dacre Cumbria is. The thriving commercial centre and excellent transport links in Dacre Cumbria make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Dacre Cumbria?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Dacre Cumbria currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Dacre Cumbria?
There is a diverse range of commercial properties available in Dacre Cumbria to suit various business needs. Dacre Cumbria offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 Dacre Cumbria commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Dacre, Cumbria, Penrith

Market Overview for Commercial Properties in Dacre Cumbria

Key information for Commercial Properties investors in Dacre Cumbria and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Penrith £165 1,910 sq ft
Milnthorpe £95 1,177 sq ft
Keswick £270 1,824 sq ft
Wigton £83 4,216 sq ft
Whitehaven £87 5,145 sq ft

Rental Price Trends in Dacre Cumbria

The price per square foot range for Commercial Properties in Dacre Cumbria and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Penrith £57 £165 £370
Milnthorpe £95 £95 £95
Keswick £160 £270 £374
Wigton £56 £83 £138
Whitehaven £58 £87 £135

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Dacre Cumbria area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Penrith 665 sq ft 1,910 sq ft 4,383 sq ft
Milnthorpe 1,177 sq ft 1,177 sq ft 1,177 sq ft
Keswick 350 sq ft 1,824 sq ft 3,972 sq ft
Wigton 946 sq ft 4,216 sq ft 11,080 sq ft
Whitehaven 482 sq ft 5,145 sq ft 18,030 sq ft

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