19 Burrowgate – Redevelopment Opportunity,

Penrith
Location
48,093 sq ft
Total GIA
For Sale
Availability
£2,000,000
Price - Offers Over
Description
Penrith is an attractive and affluent market town lying less than 3 miles outside the Lake District National Park, making it a natural gateway for visitors heading into the national park.

The town has strong transport links with the Penrith North Lakes Station sitting on the West Coast main line, which is one of the UK’s major rail corridors, together with exceptional road access via the M6 motorway (J40), A6 and the A66, giving it a strong access across the region.

Its position makes it a popular base for exploring both the Lake District and the Eden Valley.

Burrowgate is one of the town’s oldest and most characterful commercial streets, running between the central shopping areas around Devonshire Street and Middlegate.

The town centre’s Bus Station and car parks are located adjacent to the subject property.
National retailers just a short walk from property include Boots, B&M, Marks & Spencer Food Hall, Sainsburys and Sports Direct, together with many independent retailers, cafes, specialty food outlets, pubs and restaurants.

Positioned on one of Penrith’s most established commercial streets, this former Co‑op provides an imposing sandstone/brick built, part three/four storey building with extensive shop frontage.

The first floor is accessed via stairs or two passenger lifts and comprises extensive open plan accommodation with generous floor to ceiling heights.
The “Annex” building provides a four storey property arranged over basement, ground, first and second floors and is attached to 19 Burrowgate at second floor via a covered walkway bridge, internally there is a staircase and goods lift.

There is a customer car park at the rear of the annex for c12 vehicles.

The premises have an extant Planning Permission for conversion to residential use. Application 19/0033. For full details please click on link via the attached marketing details.

Property Agent

Peter Burke image black and white

Peter Burke

Email: peter.burke@masonowen.com

07798576790

Peter joined Mason Owen in October 1988 in the retail department dealing with lettings at Merry Hill Shopping Centre and Meadowhall Shopping Centre which was under construction at the time.

Peter has been involved in supermarket development and lettings/sales over those years for Kwik Save, Somerfield and Iceland having acquired or disposed of over 600 sites/units. He has dealt both in town and out of town and now tend to concentrate more on the traditional “High Street”.   In his spare time Peter is devoted to Football and Rowing – not participating!

Peter Burke