4A Corney Square, Penrith

Mid-terrace ground and first floor lock-up shop. comprising ground floor retail/gallery space with small rear kitchen area and toilet, with upper floor open plan workshop/retail area.

The property is located adjacent to Middlegate and the A6 as it runs through Penrith Town Centre. Adjacent occupiers include a gallery, restaurant, office and retail premises, with Westmorland and Furness Council new headquarters nearby.

Retail – 223 sq ft (21 sq m)

Kitchen – 64 sq ft (6 sq m)

Toilet: 1 WC & 1WHB

Office/Retail – 211 sq ft (20 sq m)

Rating – D81

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

The business rates are currently valued with the adjacent premises.  Based upon the 2023 combined listing, the rates are estimated to be in the region of £2,500.  This cannot be guaranteed and the property will need to be re-assessed following completion of a new lease agreement.

Interested parties should make their own enquiries of the Valuation Office Agency at www.voa.gov.uk.

Please note that as of 1 April 2017 if this is your only commercial premises and the business rates are £12,000 or less then no  rates will be payable, subject to status.

A new lease for a term of years to be agreed in internal repairing and insuring terms.

All rents and outgoings are quoted exclusive of VAT. We recommend tenants establish the VAT implications before entering into any lease agreement.

Please contact Walton Goodland.