Commercial Property in Shap available for sale
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Commercial Property for Sale near Shap, Penrith

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Commercial Properties for Sale Within 10 miles of the Shap, Penrith

More details for The Sands, Appleby In Westmorland - Retail for Sale

15 - The Sands

Appleby In Westmorland, CA16 6XN

  • Retail for Sale
  • £140,000
  • 4,078 sq ft
  • Smoke Detector

Appleby In Westmorland Retail for Sale - Appleby-in-Westmorland

The property, which is shown for identification on the attached street traders’ plan occupies a prominent location adjacent to the new Co-Op supermarket, opposite the Shire Hall and on the banks of the River Eden. The property has an attractive outlook overlooking the adjacent bowling club and river. The property is a short distance from St Lawrence’s Bridge and the historic St Lawrence’s Church and various riverside walkways. The property comprises a substantial detached building comprising a large ground floor shop, plus vacant first floor former storage and staff accommodation plus a self-contained first floor flat (let on a protected tenancy); the property sits on a substantial site comprising car parking, gardens running down to the river Eden and 3x single garages. Subject to any consents being received, there is potential scope to create a further dwelling flat at first floor and split the ground floor into 2x retail units to create 2 shops and 2 flats, with further potential to the rear of the premises.

Contact:

Peill & Co

Property Subtype:

Shopfront Retail / Residential

Date on Market:

17/12/2025
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LoopNet UK Cumbria Penrith Commercial Properties For Sale in Shap, Penrith, UK

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FAQs about Commercial Properties For Sale in Shap

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How many Commercial Property listings are available for sale in Shap?
There are currently 1 Commercial Properties available for sale near Shap. These Shap Commercial Property listings have an average size of 1,156 sq ft. The largest available listing in Shap is 1,156 sq ft. The thriving commercial centre and excellent transport links in Shap make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Shap?
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 Shap currently range from £101 to £101 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Shap?
There is a diverse range of commercial properties available in Shap to suit various business needs. Shap offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Shap 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 Shap, Penrith

Market Overview for Commercial Properties in Shap

Key information for Commercial Properties investors in Shap 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
Milnthorpe £93 1,177 sq ft
Penrith £133 17,647 sq ft
Appleby In Westmorland £25 4,078 sq ft
Kirkby Stephen £106 2,084 sq ft
Crook £5 46,578 sq ft

Rental Price Trends in Shap

The price per square foot range for Commercial Properties in Shap 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
Milnthorpe £93 £93 £93
Penrith £30 £133 £362
Appleby In Westmorland £25 £25 £25
Kirkby Stephen £54 £106 £172
Crook £5 £5 £5

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Milnthorpe 1,177 sq ft 1,177 sq ft 1,177 sq ft
Penrith 602 sq ft 17,647 sq ft 170,930 sq ft
Appleby In Westmorland 4,078 sq ft 4,078 sq ft 4,078 sq ft
Kirkby Stephen 319 sq ft 2,084 sq ft 3,628 sq ft
Crook 46,578 sq ft 46,578 sq ft 46,578 sq ft

You searched for commercial property for sale in Shap. Explore 1 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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