CA11 7TA - Commercial development for sale in Annex Building, Rear of…

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Commercial development for sale in Annex Building, Rear of 19 Burrowgate, Penrith, Cumbria, CA11

Summary - THE WAREHOUSE, BURROWGATE CA11 7TA

1 bed 1 bath Commercial Development

**Standout Features:**
- Expansive commercial space totaling 5,113 sq ft across four floors: basement, ground, first, and second levels.
- Strategic location in Penrith, near thriving retail zones and excellent transport links.
- Versatile opportunities for redevelopment or alternative use, pending planning approvals.
- Solid sandstone and brick facade, offering historical charm.
- Situated just off Burrowgate with easy access to essential amenities and services.

**Potential Concerns:**
- Requires potential planning permission for alternative uses or redevelopment.
- The current condition necessitates assessment for any potential renovations or improvements.

**Summary:**
Discover a unique commercial opportunity in the heart of Penrith with this expansive four-story annex building situated just off Burrowgate. Boasting a substantial 5,113 square feet of floor space, this property is ideal for entrepreneurs looking to establish or expand their business in a vibrant and affluent market town. The striking sandstone facade complements the bustling retail environment, surrounded by popular retailers and conveniences, while the nearby Lake District enhances its recreational appeal.

With significant redevelopment potential, this property presents a rare chance for savvy investors to capitalize on its prime location. Currently configured for open storage, the layout offers flexibility for various commercial or possible residential uses, subject to obtaining planning permissions. Given Penrith’s robust transport links—including direct train services to major cities—the demand for versatile commercial spaces is on the rise. At a guide price of £300,000, this is a compelling investment opportunity that may not last long. Don't miss your chance to be part of this thriving community.

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