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Redevelopment Opportunity Former Co-op 2 Retail Properties Offered at $2,683,843 in Penrith
INVESTMENT HIGHLIGHTS
- Car parking
- Signage
- Roller shutter
- Versatile use
- Display windows
EXECUTIVE SUMMARY
Substantial property with potential for re-development
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.
We are instructed to seek offers over £2,000,000, subject to contract and exclusive of VAT.
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.
We are instructed to seek offers over £2,000,000, subject to contract and exclusive of VAT.
PROPERTY FACTS
| Price | $2,683,843 | Number of Properties | 2 |
| Price / SF | $55.81 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 48,093 SF |
| Status | Active | Total Land Area | 0.58 AC |
| Price | $2,683,843 |
| Price / SF | $55.81 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 48,093 SF |
| Total Land Area | 0.58 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 19 Burrowgate, Penrith CA11 7TE | Retail | 42,980 SF | 1908 | - |
| Albert St, Penrith CA11 7XA | Retail | 5,113 SF | 1925 | - |
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Redevelopment Opportunity Former Co-op
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