This charming Grade II listed cottage, dating back to the 17th century, is situated in the heart of Penrith and presents a distinctive opportunity for renovation and investment. Currently designated for commercial use, it features traditional characteristics that offer considerable appeal. The ground floor includes a spacious dining area or shop floor complemented by a kitchen equipped with essential utilities, making it suitable for a variety of business ventures.
On the first floor, you’ll find an additional dining area or shop space, along with a storeroom and a WC. The property also boasts a practical attic room that adds further utility. With approximately 726 square feet of usable space plus the attic, there is substantial room for creative redesign or expansion.
Located in central Penrith, this property benefits from its proximity to essential amenities and transport links. The town itself is well-regarded and supports a population of around 17,000 residents. It offers various supermarkets, local shops, and educational institutions ranging from infant to secondary schools. Additionally, leisure options such as sports clubs and recreational facilities enhance the community’s attractiveness.
From an investment perspective, this property holds potential beyond its current commercial designation. There is scope for converting the premises into residential units, subject to obtaining the necessary planning permissions, thereby capitalizing on Penrith's growing demand for housing.
The building is connected to mains water, drainage, gas, and electricity services. As a freehold property rated for business rates, it provides flexibility in terms of ownership and usage. Given its rich history and prime location near outdoor recreational areas like Ullswater and the Lake District fells, this property invites both investors and entrepreneurs to explore its possibilities in detail.
Viewing is available strictly by appointment through Wilkes-Green + Hill.
