Commercial Property in CA10 available for sale
8

Commercial Properties for Sale near the CA10, Penrith

Commercial Properties for Sale Within 10 miles of the CA10, 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 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
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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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FAQs about Commercial Properties For Sale in CA10

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How many Commercial Property listings are available for sale in CA10?
There are currently 0 Commercial Properties available for sale near CA10. These CA10 Commercial Property listings have an average size of. The largest available listing in CA10 is. The thriving commercial centre and excellent transport links in CA10 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in CA10?
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 CA10 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 CA10?
There is a diverse range of commercial properties available in CA10 to suit various business needs. CA10 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 0 CA10 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 CA10, Penrith

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