Commercial Property in Penrith available for sale
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Commercial Properties for Sale in the Penrith, UK

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Explore the Latest Penrith Commercial Property for Sale

Office Buildings Retail Bars & Restaurants Hospitality
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
  • Smoke Detector

Penrith Retail for Sale

The property is freehold subject to a 5 year lease from 8 October 2024 on full repairing and insuring terms at a passing rent of £12,600 per annum which is not subject to review. The tenant has a break option at 7 October 2027 on 6 month’s prior written notice. The current permitted use is office and retail.

Contact:

Walton Goodland Ltd

Property Subtype:

Bank

Date on Market:

04/12/2025
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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
  • 24 Hour Access

Penrith Retail for Sale

This Listed Building boasts  a convenient ground-floor entrance and offers 4 floors of office/working space and a cellar for storage. This property has recently been reroofed by the current owner. Step inside to discover the potential this property can offer. With the added bonus of being chain-free, this property is ready and waiting for its new business owners to make it their own. Situated in a sought-after area, with easy access to Penrith North Lakes Station for seamless travel connections.

Contacts:

Sandra Forster & Associates

DGRE

Property Subtype:

Shopfront

Date on Market:

21/02/2024
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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

Penrith Retail for Sale

The property comprises a stone-built terrace commercial building on two floors plus an attic floor with retail areas on the ground floor and storage on the upper floors together with a substantial gravelled area of land to rear, currently used as a private car park for up to 26 cars. The property lends itself to commercial refurbishment or residential redevelopment, subject to planning consent.

Contact:

DGRE

Property Subtype:

Shopfront

Date on Market:

25/01/2022
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More details for 40 Scotland Rd, Penrith - Hospitality for Sale

Acorn Guest House - 40 Scotland Rd

Penrith, CA11 9HL

  • Hospitality for Sale
  • £495,000
  • 4,383 sq ft

Penrith Hospitality for Sale

The subject property comprises an attractive and substantial guest house forming a mid-terrace position with front seating area, rear courtyard and expansive accommodation positioned to the north of Penrith’s town centre, within a popular residential area. The property was formally known as Townhead Hotel and was extensively refurbished in 2004 including new double glazed windows throughout and internal works to provide ground floor guest facilities and kitchen, 7 No. guest rooms and owner’s accommodation.

Contact:

Edwin Thompson

Property Subtype:

Bed and Breakfast

Date on Market:

23/02/2024
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More details for Greenside Rd, Penrith - Retail for Sale

Travellers Rest - Greenside Rd

Penrith, CA11 0QQ

  • Retail for Sale
  • 1,674 sq ft

Penrith Retail for Sale - Glenridding

This is a unique opportunity to acquire a long term owned and well-established Lake District business on a freehold or leasehold basis. In addition, the opportunity carries a lot of potential to expand the business offering by potentially creating residential / holiday accommodation from some of the building under the former planning application Ref: 7/2016/3028, subject to re-activation.

Contact:

Carigiet Cowen

Property Subtype:

Bar

Date on Market:

01/12/2025
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More details for Carleton Mdws, Penrith - Retail for Sale

Carleton Mdws

Penrith, CA11 8FD

  • Retail for Sale
  • 1,238 sq ft
  • 24 Hour Access

Penrith Retail for Sale

The space compromises 1,238 sf of ground floor retail accommodation. Available on a letting of the ground floor unit may be considered at a quoting rent of £18,750 per annum exclusive. The ground floor unit is also for sale on a long leasehold basis. The quoting sale price will be available via the agent upon application. *** GROUND FLOOR COMMERCIAL PREMISES *** *** SUITABLE FOR A VARIETY OF USES *** *** DEDICATED CAR PARKING *** LONG LEASEHOLD FOR SALE (SALE PRICE PROVIDED UPON APPLICATION) QUOTING RENT: £18,750 PER ANNUM EXCLUSIVE Penrith is a popular Cumbrian market town with a population of approximately 15,000 situated adjacent to the M6 motorway at Junction 40. The town is approximately 18 miles south of Carlisle. The boundary of the Lake District National Park is approximately 6 miles west, with the popular Lake District town of Keswick approximately 17 miles away from Penrith. DESCRIPTION The ground floor unit is currently at the final stages of completion. Internally, the unit will be an open plan layout, finished to a shell condition, for the purchaser or tenant to fitout accordingly and benefits from parking and an accessible WC. The unit would be suitable for a variety of uses including; café, shop, beauty salon and dog groomers. AREAS Ground Floor Net Internal Area 1,238 sq ft (115.01 sq m) SERVICES We understand the property will be connected to mains electricity, water and the drainage system. RATEABLE VALUE Upon occupation the property will need to be assessed for business rates. Further information may be available from the local authority. SALE PRICE The ground floor unit is FOR SALE on a long leasehold basis. The quoting sale price will be available via the agent upon application. TERMS Alternatively, a letting of the ground floor unit may be considered at a quoting rent of £18,750 per annum exclusive.

Contact:

Carigiet Cowen

Property Subtype:

Shopfront

Date on Market:

18/10/2024
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LoopNet UK Cumbria Commercial Properties For Sale in Penrith, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Penrith

See All Properties For Sale
How many Commercial Property listings are available for sale in Penrith?
There are currently 9 Commercial Properties available for sale near Penrith. These Penrith Commercial Property listings have an average size of 2,011 sq ft. The largest available listing in Penrith is 4,383 sq ft. The thriving commercial centre and excellent transport links in Penrith make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Penrith?
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 Penrith currently range from £57 to £282 per square foot. While the average net initial yield for Commercial Properties is 8.20%.
What other types of commercial property are available for sale in Penrith?
There is a diverse range of commercial properties available in Penrith to suit various business needs. Penrith offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 9 Penrith 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 Penrith, UK

Market Overview for Commercial Properties in Penrith

Key information for Commercial Properties investors in Penrith 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 £137 2,011 sq ft
Milnthorpe £95 1,429 sq ft
Keswick £279 1,824 sq ft
Ambleside £212 1,236 sq ft
Whitehaven £86 4,237 sq ft

Rental Price Trends in Penrith

The price per square foot range for Commercial Properties in Penrith 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 £137 £282
Milnthorpe £95 £95 £95
Keswick £161 £279 £374
Ambleside £212 £212 £212
Whitehaven £58 £86 £135

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Penrith 665 sq ft 2,011 sq ft 4,383 sq ft
Milnthorpe 1,144 sq ft 1,429 sq ft 1,965 sq ft
Keswick 350 sq ft 1,824 sq ft 3,972 sq ft
Ambleside 1,236 sq ft 1,236 sq ft 1,236 sq ft
Whitehaven 482 sq ft 4,237 sq ft 18,030 sq ft

You searched for commercial property for sale in Penrith. Explore 9 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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