Retail in Penrith available to rent
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Shops & Retail Units to Rent in Penrith

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Explore the Latest Available Shops & Retail Units to Rent in Penrith

Retail property to let in Penrith, from high-street shops and boutique units to larger commercial spaces ideal for cafés, service businesses, and established retail brands.

Looking for Bars & Restaurants to Rent? All Commercial Spaces in Penrith
More details for 20 Middlegate, Penrith - Retail to Rent

20 Middlegate

Penrith, CA11 7PG

  • Retail to Let
  • £15,000 pa
  • 802 sq ft
  • 1 Unit Available Now
  • 24 Hour Access

Penrith Retail to Rent

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.

Contact:

DGRE

Date on Market:

24/05/2024
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More details for 5-6 King St, Penrith - Retail to Rent

5-6 King St

Penrith, CA11 7AP

  • Retail to Let
  • £30,000 pa
  • 1,092 sq ft
  • 1 Unit Available Now
  • Energy Performance: E
  • Air Conditioning
  • Security System
  • Kitchen

Penrith Retail to Rent

he 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

Contact:

Walton Goodland Ltd

Date on Market:

19/02/2024
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More details for New Squares, Penrith - Retail to Rent

New Squares

Penrith, CA10 2WZ

  • Retail to Let
  • £16,500 - £20,000 pa
  • 1,128 - 2,469 sq ft
  • 2 Units Available Now
  • Energy Performance: D

Penrith Retail to Rent

New Squares, Penrith - Superb Retail & Leisure Opportunities Flexible terms and incentives available. A shopping destination for local shoppers and tourists. Adjacent to Premier Inn Hotel. Anchored by a 55,000 sq ft Sainsburys with access to the largest car park in Penrith 691 car parking spaces. 3 hours free parking. 21 bespoke retail units with sizes ranging from 275 sq ft to 5,000 sq ft. Located at the heart of a bustling market town, gateway to the Lake District. 4 miles from Centre Parcs, Whinfell Forest. AVAILABLE UNITS TO RENT: F1, 4 Bowling Green Lane Rent: £5,000 p.a. F2, 2 Bowling Green Lane Rent: 15,000 p.a. H1, 3 Bowling Green Lane Rent: 15,000 p.a. J1, 1 Brewery Lane Rent: £12,000 p.a. J4, 7 Brewery Lane Rent: £11,250 p.a. K1, 9 Brewery Lane Rent: 12,750 p.a. L1, 13 Brewery Lane Rent: £15,000 p.a.

Contact:

Carigiet Cowen

Date on Market:

23/04/2025
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More details for Carleton Mdws, Penrith - Retail to Rent

Carleton Mdws

Penrith, CA11 8FD

  • Retail to Let
  • £18,750 pa
  • 1,238 sq ft
  • 1 Unit Available Now
  • 24 Hour Access

Penrith Retail to Rent

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

Date on Market:

18/10/2024
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LoopNet UK Cumbria Shops & Retail Units To Rent in Penrith, UK

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Frequently Asked Questions About Renting a Shop in Penrith

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How many Shops & Retail Units listings are available to rent in Penrith?
There are currently 11 Shops & Retail Units available to let near Penrith. These listings feature a variety of retail unit types, with an average size of 2,665 sq ft. The largest size available to rent is 5,662 sq ft. The thriving commercial centre and excellent transport links in Penrith make it an ideal location for businesses to find a suitable Shop or Retail Unit to rent.
How much does it cost to rent a Shop or Retail Unit in Penrith?
The average asking rent for Shop or Retail Unit in Penrith is about £17 per sq ft. Factors such as location, footfall, building condition, nearby retailers, and lease terms all affect rent levels.
What is the largest Shops & Retail Units available to rent in Penrith?
The largest Shop or Retail Unit available to rent is 5,662 sq ft and the smallest is 434 sq ft. The average size of Shop or Retail Unit available to rent in Penrith is approximately 2,665 sq ft.
What use class do Penrith shops to rent fall under?
Retail properties generally fall under Use Class E (formerly A1), which includes shops, showrooms, cafes, hairdressers, and some financial services. This offers flexibility for occupiers, but always confirm local planning rules with the local authority.
What types of retail units are available in Penrith?
Retail spaces available range from high street shops, corner units, and parade shops to shopping centre units, kiosks, and destination retail in leisure or outlet parks. Units vary in size, frontage, and footfall exposure.
What should I consider before renting a retail unit?
Key considerations include location, target customer base, footfall, frontage, accessibility, loading/delivery access, planning use, lease flexibility, and nearby occupiers. It’s also essential to factor in service charges, business rates, and fit-out costs.
What is typically included in a retail lease?
A standard lease outlines rent, term length, service charges, repair obligations, permitted use, and break clauses. Most leases are full repairing and insuring (FRI), meaning the tenant is responsible for upkeep and insurance costs unless negotiated otherwise.
Do I need planning permission to change the use of a shop?
Possibly. Many retail properties now fall under Use Class E, which allows greater flexibility. However, if you're changing to a takeaway (sui generis), clinic, or residential, planning permission may be required. Always check with the local planning authority.
Are business rates included in shop rents?
No. Business rates are a separate cost, unless the lease is all-inclusive. Small businesses may qualify for Small Business Rate Relief (SBRR), which can significantly reduce or eliminate rates payable depending on the property's rateable value.
Can I sublet or assign my retail lease?
This depends on your lease terms. Some agreements allow subletting or lease assignment with the landlord’s consent. It’s important to confirm this upfront if flexibility is a priority for your business.
How do I find the right retail unit in Penrith?
Start by browsing online commercial platforms like LoopNet. Define your budget, preferred location, unit size, and target market. It can also help to speak with a local commercial agent who understands Penrith's retail landscape.

Find More Shops & Retail Units to Rent in and Near to Penrith on LoopNet

You searched for shops to rent in Penrith. Explore 11 retail units from top retail agents on LoopNet. Whether you're looking for retail units, high-street shops, or units in shopping centres, LoopNet offers a comprehensive selection to help you find the ideal location for your retal business. Each listing includes detailed information on property usage, size, rent, and high-quality floor plans and photos. With the most extensive inventory of retail properties worldwide, LoopNet is your trusted partner in finding the perfect retail unit.

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