Summary - 4 Market Square,PENRITH,CA11 7AU CA11 7AU
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime town centre location in Penrith
- Two tenanted commercial units: a café and a barber shop
- Combined rental income of £20,500 per annum
- Potential for future tenancy with local businesses
- Attractive Victorian design with large display windows
- No VAT applicable on the sale price
- 100% Business Rate Relief available for tenants
**Property Summary:**
This exceptional retail investment opportunity comprises two well-positioned commercial units on Market Square in Penrith. Currently occupied by a popular café, Neaum Café & Takeaway, and Figaro Barber Shop, these tenanted spaces generate a solid annual rental income of £20,500. Both units feature modern interiors with attractive glazed frontages, designed to attract foot traffic and ensure visibility.
With a price tag of £275,000 and the added benefit of 100% Business Rate Relief potentially available for tenants, this property is ideal for investors looking to expand their portfolio in a dynamic urban centre. Within the vibrant town centre, you will enjoy an array of amenities right at your doorstep, making this investment not only profitable but also strategically located. The properties' configurations allow for easy re-letting should they become vacant, appealing to a variety of retail businesses. Act fast to secure this investment, as opportunities in this prime location are limited!
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