Retail in Milnthorpe available for sale
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Retail Property for Sale near Milnthorpe, UK

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Find Retail Property for sale in Milnthorpe that meets your business or investment goals

More details for 7-7A Main St, Milnthorpe - Retail for Sale

7-7A Main St

Milnthorpe, LA7 7PN

  • Retail for Sale
  • £150,000
  • 1,177 sq ft
  • 24 Hour Access

Milnthorpe Retail for Sale

Opportunity to acquire an exceptional freehold investment and redevelopment opportunity within the heart of Milnthorpe. Comprising two adjoining units at 7 and 7a Main Street, the property benefits from a highly visible position near the junction of Main Street. 7 Main Street offers a ground floor retail lock-up shop with extended frontage and ancillary areas, currently let to a tenant on a lease expiring November 2029 at £5,950 per annum. Meanwhile, 7a Main Street delivers adaptable space across multiple levels, most recently used for music teaching studios, with scope for conversion to residential accommodation or alternative commercial uses, subject to planning consents. The property is located at 7 & 7a Main Street, Milnthorpe, Cumbria, approximately 5 miles southwest of Kendal, 11 miles north of Carnforth, and 4 miles from the M6 motorway at Junction 36. It sits on the A6 and provides good regional access. Available at a guide price of £150,000.00.

Contact:

Peill & Co

Property Subtype:

Shopfront

Date on Market:

26/11/2025
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Retail Properties for Sale Within 10 miles of the Milnthorpe, UK

More details for 5-6 King St, Penrith - Retail for Sale

5-6 King St

Penrith, CA11 7AP

  • Retail for Sale
  • £175,000
  • 3,954 sq ft
  • Energy Performance: E
  • Air Conditioning
  • Security System

Penrith Retail for Sale

A prominent sandstone building arranged over 5 floor levels comprising a ground floor retail area with with ancillary offices, stores and safe across the ground floor. The first floor is arranged as office accommodation with staff accommodation to the second floor. Additional storage is available to the attic and basement levels.# The property comprises the following approximate floor areas:- GROUND FLOOR Sales – 1,092 ft² (101 m²) Strong Room – 192 ft² (18 m²) FIRST FLOOR Offices – 819 ft² (76 m²) Toilet – 1WC & 1WHB SECOND FLOOR Kitchen/Staff – 819 ft² (76 m²) with stainless steel single drainage sink unit with wall and base units. Toilets – 3WC & 3 WHB ATTIC Stores – 620 ft² (58 m²) BASEMENT Stores – 524 ft² (49 m²) Toilet – 1WC & 1WHB TOTAL 3,954 ft² (367 m²) The property is located fronting King Street just off the main Market Square where other occupiers include Penrith Building Society, Arnison Heelis Solicitors, Yorkshire Trading Company alongside a mix of national and local occupiers. The attractive St Andrew’s Church is to the rear. Penrith is a market town situated to the edge of the Lake District National Park in North Cumbria approximately 20 miles south of Carlisle being adjacent to the M6 Motorway (Junction 40) and A66 Trans-Pennine arterial route linking to the A1(M). The town is also served by the West Coast mainline railway.

Contact:

Walton Goodland Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

15/04/2026
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More details for 49-51 Burrowgate St, Penrith - Retail for Sale

49-51 Burrowgate St

Penrith, CA11 7TA

  • Retail for Sale
  • £275,000
  • 5,761 sq ft

Penrith Retail for Sale

The subject property comprises a part single, two and three storey terrace building with prominent ground and first floor sales areas plus a wealth of development potential. The property is long established in the heart of the town centre having traded for many years as a home lifestyle concept and furniture shop. Effectively split into two, the property comprises a main retail showroom section with prominent floor to ceiling windows (Nos. 49 & 50 Burrowgate). The adjoining No. 51 Burrowgate is interlinked and has a residential style frontage and interior requiring refurbishment. Located in the heart of Penrith within the town centre there is public on street parking to the front. The surrounding area is a mix of strong local independent and national retailers along with pub, café and restaurant premises in what is a vibrant mix.

Contact:

Walton Goodland Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

16/03/2026
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More details for 2 West Ln, Penrith - Retail for Sale

Fallowfield Court - 2 West Ln

Penrith, CA11 7DJ

  • Retail for Sale
  • £795.00
  • 5,953 sq ft
  • Smoke Detector

Penrith Retail for Sale

The portfolio of properties is situated in Gloucester Yard in Penrith town centre to the rear of Great Dockray and Cornmarket. Penrith is an attractive and affluent market town situated at the north-eastern gateway to the Lake District and crossroads of the M6 motorway (Junction 40) providing access north and south and the A66 leading west into the Lakes and east to Scotch Corner and the A1(M).

Contact:

Walton Goodland Ltd

Property Subtype:

Shopfront Retail / Office

Date on Market:

23/02/2026
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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.

Contact:

DGRE

Property Subtype:

Shopfront

Date on Market:

21/02/2024
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LoopNet UK Cumbria Retail Properties For Sale in Milnthorpe, UK

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FAQs About Retail Property For Sale in Milnthorpe

See All Retail Spaces For Sale
How many retail properties are currently available for sale in Milnthorpe?
There are currently 1 retail properties available for sale. Sizes range from 1,177 sq ft to 1,177 sq ft, with an average size of 1,177 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Milnthorpe?
The average asking price is approximately £96 per sq ft, with prices ranging from £96 to £96 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 1,177 sq ft to 1,177 sq ft, with an average size of 1,177 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

Discover More Retail Properties for Sale in the Milnthorpe, UK

With 1 retail units currently available for sale in Milnthorpe, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Milnthorpe, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Milnthorpe, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Milnthorpe can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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