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Available immediately
Unfurnished

£5,000 pa

(£10.10/sq. ft. pa)

Retail premises to let

Corney Square, Penrith CA11
495 sq. ft

£5,000 pa

(£10.10/sq. ft. pa)

Retail premises to let
Corney Square, Penrith CA11

    • 495 sq. ft

Available immediately
Unfurnished

About this property

  • Fronting one way system to edge of retail core in penrith town centre

  • Suitable for alternative uses - subject to necessary consents

Description

Mid-terrace ground
and first floor lock-up shop formally used as an art gallery.
Location

The property is located fronting onto Corney Square in Penrith Town Centre adjacent to the main one way system at the edge of Middlegate. Adjoining occupiers include office and retail premises. Previously comprising art gallery the property is long established in a well known position.
Accommodation


The property comprises the following approximate areas:
Ground Floor
Retail – 223 sq. Ft (21 sq. M)
Staff/Office – 65 sq. Ft (6 sq. M)
Toilet – 1WC
Kitchen – Stainless steel single sink unit.

First Floor
Retail/Office – 211 sq. Ft (20 sq. M)

energy performace certificate (EPC)
The property has an EPC rating of C62.
Services

Mains electricity, water and drainage are connected to the property.
Tenants are responsible for the payment of all utilities.
Rateable value

The property is currently rated with the adjacent property at 4 Corney Square. It would appear from the Valuation Office Rating that 4a accounts for approximately £2,448 of the combined rateable value.
The small business rates multiplier for 2025 is currently 49.9p in the pound.
It is recommended that prospective tenants make their own enquiries of the Valuation Office Agency at:
From April 2017, if this is your only commercial property and the rateable value is below £12,000 you maybe entitled to business rates relief, subject to status.
Rent

£5,000 per annum, exclusive of business rates, VAT and all other outgoings.
Lease

A new lease for a term of years to be agreed on full repairing and insuring terms.
VAT

VAT is not payable in addition to the rent.
Viewings

Please contact Walton Goodland on .

More information

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