Retail Units & Shops

Cumbria

Penrith

property

New Squares, Penrith - Picture 2025-02-07-11-54-35

New Squares, Penrith - Picture 2025-02-07-11-54-55

New Squares, Penrith - Picture 2025-02-07-11-55-12

To Let

New Squares Southend Road, Penrith, CA11 7FG

Use Class

Size

1,128 - 1,966 sq ft

Rent pa

POA

Market Sector

Shopping Centre

Key Features

Prominent location in New Squares Development
National Occupiers
Planning Use Class E
Size – 1,128 – 1,966 sq ft

Description

Exciting Opportunities in Mixed-Use Scheme

Penrith is a market town with a wide rural catchment and a population of 136,537 people within a 30 minute drive time. The New Squares development is comprised of 21 retail units, residential dwellings and a 60 bed hotel. The scheme is anchored by a 55,000 sq ft Sainsburys Food Store, this benefits from a multi-storey car park which offers 3 hours free parking. Current tenants include O2, Sports Direct, Boots, Loungers Café Bar and Sainsbury’s.

Accommodation

1,128 - 1,966 Sq.Ft

There are 5 remaining units within the New Squares development with the approximate internal floor areas:-

Areas

Sq.Ft

Sq.M

1,348

125.23

1,128

104.79

1,491

138.52

1,868

173.54

H1 Ground and First

3,595

333

Downloads

Brochure

New Squares, Southend Road, Brochure

More Information

Website

Financial

Lease Type

New Lease

Lease Term

Available by way of a new sublease lease which is to be contracted outside of the security provisions of the Landlord and Tenant Act 1954.

Rent

Please see brochure for individual rents

Rates

Please see brochure for individual business rates. Interested parties may benefit from rates relief if applicable. Interested parties should carry out their own investigations.

Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Service Charge

Each property is subject to a service charge which is reviewed on an annual basis: See brochure for individual service charge.

Tenure

Leasehold

Vat

All figures quoted are exclusive of Value Added Tax which will be charged at the prevailing rate.

Sustainability

EPC certificates can be made available upon request.

Disclaimer

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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