• Planning permission for 6 apartments and 1 cottage • Town centre mixed residential/ commercial area • Close to New Squares, Sainsbury and Leisure Centre • Edge of Lake District market town
Location Penrith is a market town located on the north east fringe of the Lake District with a population of around 16,000 and catchment population of around 45,000. It has excellent transport links being 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, Booths, Sainsbury’s, Aldi, W H Smith, Boots and Sports Direct. The site lies near New Squares Shopping Arcade, Sainsbury's supermarket, individual shops, restaurants, cafes and bars, apartments, houses, and a Premier Inn.
Description The property comprises a level site between existing buildings with a frontage of 15.3 m and a storage building.
Services Mains water, electricity, gas and drainage are assumed to be available in the adjoining highway.
Tenure We are advised the property is freehold.
Planning Planning consent was granted on 15 June 2017 for residential development to form 5 1-bedroom apartments, 1 2-bedroom apartment and 1 1-bedroom cottage (application 17/0092). All the relevant documents are on the Eden Planning Portal or can be forwarded on request to the agent.
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Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.