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£180,000 pa

(£46.78/sq. ft. pa)

Retail premises to let
New Squares Shopping Centre, Penrith CA11

    • 3,848 sq. ft

Just added
Leasehold
Added on 12/01/2026

About this property

    Unit H1 3 Bowling Green Lane
    The unit comprises a shell condition two storey unit with an attractive display double frontage. The unit is suitable for a variety of retail uses, offices and small showroom.

    Location

    Penrith is a popular market town on the fringe of the Lake District National Park adjacent to junction 40 of the M6 motorway, and the A66 Trans Pennine Trunk Road interchange. The town has a railway station serving the main West Coast Line between London and Scotland.

    Penrith is 20 miles south of Carlisle and 28 miles north of Kendal, the nearest competitive retail centres. Penrith has a resident population circa 16,000 with a local authority catchment in the region of 50,000.

    The property lies within the Penrith New Squares Shopping Centre, anchored by the Sainsbury's superstore which currently offers 3 hours free parking daily.

    Accommodation

    This property has been measured on a Net Internal Area basis and extends to the following approximate areas:

    Terms

    Unit H1: Available from £15,000 per annum exclusive.

    Services

    Mains water, electricity and drainage are connected to the property.

    Business Rates

    The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of £24,750. The Small Business Non-Domestic multiplier for the 2025/2026 rate year is 49.9p in the £.

    EPC

    The property has an EPC rating of c-69.

    VAT

    The property is elected for VAT and VAT will be payable on the rent and other outgoings.

    More information

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    Carigiet Cowen Chartered Surveyors

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