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5 Cornmarket 602 SF Retail Building Penrith CA11 7DA $94,263 ($156.58/SF) 12.10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Situated in the heart of Penrith
  • Kitchenette
  • Open plan retail

EXECUTIVE SUMMARY

Lot 260 is available for sale at an Savills online auction to be held on Monday 9th December and Tuesday 10th of December 2025.
The property comprises an investment opportunity for sale.
The asking price is £70,000, representing a gross initial yield of 12.1%.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
602 SF
Building Class
B
Year Built
1910
Price
$94,263
Price Per SF
$156.58
Cap Rate
12.10%
NOI
$11,406
Tenancy
Single
Building Height
3 Stories
Building FAR
0.23
Lot Size
0.06 AC
Frontage
18’ on Cornmarket

AMENITIES

  • Security System
  • Signage
  • Storage Space
  • Smoke Detector

NEARBY MAJOR RETAILERS

Costa Coffee
SPAR
Santander
Barclays
National Westminster Bank Plc
Morrisons
Booths
Lounges
Sainsbury's
ASDA
  • Listing ID: 33800423

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 5 Cornmarket, Penrith CA11 7DA

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