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10 Market Sq 1,070 SF Retail Building Penrith CA11 7BY $240,243 ($224.53/SF)

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INVESTMENT HIGHLIGHTS

  • Prime central location
  • Adjacent Angel Lane and Angel Square Shopping Centre
  • Let to Santander on new 5 year FRI lease from 8 October 2024

EXECUTIVE SUMMARY

The property is freehold subject to a 5 year lease from 8 October 2024 on full repairing and insuring terms at a passing rent of £12,600 per annum which is not subject to review. The tenant has a break option at 7 October 2027 on 6 month’s prior written notice. The current permitted use is office and retail.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
1,070 SF
Building Class
B
Year Built
1890
Price
$240,243
Price Per SF
$224.53
Tenancy
Single
Building Height
3 Stories
Building FAR
1.83
Lot Size
0.01 AC
Frontage
16’ on Market Square

AMENITIES

  • Storage Space
  • Smoke Detector

NEARBY MAJOR RETAILERS

Costa Coffee
Barclays
National Westminster Bank Plc
SPAR
Morrisons
Booths
Sainsbury's
Lounges
ASDA
Iceland
  • Listing ID: 38652422

  • Date on Market: 12/4/2025

  • Last Updated:

  • Address: 10 Market Sq, Penrith CA11 7BY

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