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Unit L1 Penrith, CA11 7FG

To Let
Unit L1, Penrith New Squares - Picture 1
Unit L1, Penrith New Squares - Picture 2
Unit L1, Penrith New Squares - Picture 3

Agents

Avison Young logo

Avison Young

View New Squares
Use Class

Use Class

E

Size

Size

1,868 sq ft

Rent pa

Rent pa

£35,500

Description

New Squares opened in June 2013 alongside a 55,000 sq. ft. Sainsbury's foodstore. Designed to extend Penrith town centre the 21 bespoke retail units benefit from the town's largest free car park.

Existing retailers within New Squares include Boots Opticians, Hallmark, M&Co, O2, Sports Direct and Thorntons whilst a new 60 bed Premier Inn hotel was introduced to the scheme in 2016.

Accommodation

1,868 Sq.Ft

Financial

Lease Type

New Lease

Lease Term

Properties are available on new leases with terms to be agreed. All leases are to be outside the security provisions of the Landlord and Tenant Act 1954.

Rent

£35,500.

Costs

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

Service Charge

£7,884.44

Vat

VAT if applicable will be charged at the standard rate.

Rates

Rateable Year:
2025
Rateable Value:
£30,250.00
Rates payable:
£15,095.00

Sustainability

Energy Performance Certificate

45

Energy Performance Certificate Information

EPC certificates can be made available upon request.

This unit is part of New Squares

New Squares

Avison YoungCarigiet Cowen

Misrepresentation Notice

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.

All data ©2025 Completely Property Technology Limited

This was last updated on 07/02/2025