0 Bedroom House for rent in North West, England for £21,750 PW

LOCATION
Penrith is a market town located on the north east fringe of the Lake District with a population of around 16,000. It lies at the junction of the M6 motorway and the A66 trans-Pennine trunk road and has a Station on the west coast main line linking London and Glasgow. Major retailers in the town include Burtons, Argos, Morrison’s, B & Q, Aldi, W H Smith, Boots and Wickes. The proposed Penrith New Squares development will include a new supermarket, individual shops, restaurants, cafes and bars apartments and houses, and a new car park. The property is prominently situated fronting Queen Street close to its junction with Middlegate in the main shopping area of the town centre.

DESCRIPTION & ACCOMMODATION
Three storey building with large ground floor sales area and ancillary upper floor storage accommodation. The following are approximate dimensions and areas.

NET FRONTAGE
8.15m (26’9”)

SHOP DEPTH
11.68m (38’4”)

SALES AREA
89.7sqm (966sqft)

FIRST FLOOR

STORAGE AREA
86.3sqm (929sqft)

SECOND FLOOR

STORAGE AREA
46.4sqm (499sqft)

All references to areas and dimensions are deemed to be approximate.

RATES
Description in list:Shop and premises.Rateable Value: £15,250.

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

SERVICES
We are advised that mains water, electricity and drainage are connected to the property. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

FIXTURES & FITTINGS
Any items in the nature of fixtures and fittings not referred to in these particulars are excluded.

TENURE
We are advised the property is freehold.

Alternatively the property is offered on a new full repairing and insuring lease on terms to be agreed at an initial rent of £21,750 per annum subject to reviews.

‘You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website www.commercialleasecodeew.co.uk. ‘

COSTS
The ingoing tenant will be expected to pay the landlord’s reasonable legal costs in connection with the lease.

PLANNING
Prospective purchasers or tenants should satisfy themselves that their proposed use complies with all planning regulations by making inquiries with the local planning authority.

PLANNING
The existing Card and Gift business, which has been trading for 18 years, could be available by separate negotiation.

VAT & STAMP DUTY
All reference to price, premium or rent are deemed to be exclusive of VAT unless expressly stated otherwise. Stamp duty is liable at the prevailing rates.

VIEWING
Strictly by appointment with the sole agents, PF&K Commercial. Tel. 01768 862135. Fax 01768 892101. E-mail. commercial@pfandk.co.uk Date 18/05/2010 Reference C1589

Reproduced from the Ordnance Survey Map with the sanction of the Controller of H M S O. Licence No. ES100004583. Not to Scale. For Identification purposes only. Date: 20/05/10