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Nestled on a prominent corner plot in the bustling town centre of Penrith, this remarkable commercial property offers a unique opportunity to own a piece of history. Currently operating as a beloved toy store, this charming Grade 2 Listed building has been under the care of the same dedicated owners since the 1970s, and with its rich past and promising future, it’s ready for a new visionary to reimagine its potential and write the next chapter in this building’s storied history.

Spread over four floors, this property provides ample space for a variety of commercial endeavours. The ground floor, with its inviting shopfront, is perfect for retail, while the upper floors offer extensive office and storage areas. The building’s quaint character, believed to date back to the 1500s, adds a distinctive charm that is sure to captivate both customers and clients alike. There is also a basement for additional storage.

The property’s central location in Penrith ensures high foot traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a vibrant community. Whether you envision continuing its legacy as a retail haven or transforming it into a modern office space, the possibilities are endless.

Penrith is a quaint market town in the Eden Valley, approximately 3 miles from the outskirts of the Lake District. Penrith offers numerous shops, supermarkets including Morrisons and Sainsburys. The area offers many outdoor activities including woodland walks, equestrian pursuits, golf course, which are very popular in the region. Penrith offers good transport links including bus services, railway station with links to North and South and M6 motorway.

Accommodation with approx. dimensions

Basement

Retail Area 1 18′ 5 max" x 13′ 4 max" (5.61m x 4.06m)

Store 17′ 3" x 8′ 7" (5.26m x 2.62m)

Ground Floor

Retail Area 1 12′ 10 max" x 23′ 4" (3.91m x 7.11m)

Retail Area 2 27′ 6" x 6′ 7" (8.38m x 2.01m)

Retail Area 3 14′ 11 max" x 10′ 2 max" (4.55m x 3.1m)

First Floor

Retail Area 1 19′ 8 max" x 14′ 11 max" (5.99m x 4.55m)

Retail Area 2 17′ 2 max " x 15′ 1 max" (5.23m x 4.6m)

Retail Area 3 19′ 3 max " x `11′ 5 max" (5.87m x NaNm)

Retail Area 4 16′ 8" x 6′ 9" (5.08m x 2.06m)

Second Floor

Retail Area 1 18′ 10" x 14′ 5 max" (5.74m x 4.39m)

Retail Area 2 17′ 3 max" x 11 max’ (5.26m x 3.35m)

Office 15′ 11" x 13′ 10 max" (4.85m x 4.22m)

WC

Property Information

Services
Mains electricity, mains water and mains drainage. Electric heating

Tenure
Freehold

Council Tax / Business Rates
We have been advised the Rateable Value is £9481.00 for year 2025/2026 with a monthly payment of £569.00
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Westmorland & Furness Council

Class Use
Class E, Retail.
The property has been trading since in 1970s as a Toy shop

Right of Way
We have been advised No. 3 Middlegate has access during shop hours for emergency services

Broadband Speed
Ultrafast Broadband available

What3words
///proved.wasps.connects

Directions
From Penrith, head along Brunswick Road/ A592, turning left where the road becomes Duke Street/ A6. Sharp right onto Stricklandgate/ A6. Turn right onto Corney Square/ Middlegate/ A6. The property will be on the right hand side

Viewings
By appointment with Hackney and Leigh’s Penrith office

Price
£350,000

Anti-Money Laundering Please note that when an offer is accepted on a property, we must follow government legislation and carry out identification checks on all buyers under the Anti-Money Laundering Regulations (AML). We use a specialist third-party company to carry out these checks at a charge of £42.67 (inc. VAT) per individual or £36.19 (incl. vat) per individual, if more than one person is involved in the purchase (provided all individuals pay in one transaction). The charge is non-refundable, and you will be unable to proceed with the purchase of the property until these checks have been completed. In the event the property is being purchased in the name of a company, the charge will be £120 (incl. vat).

All permits to view and particulars are issued on the understanding that negotiations are conducted through the agency of Messrs. Hackney & Leigh Ltd. Properties for sale by private treaty are offered subject to contract. No responsibility can be accepted for any loss or expense incurred in viewing or in the event of a property being sold, let, or withdrawn. Please contact us to confirm availability prior to travel. These particulars have been prepared for the guidance of intending buyers. No guarantee of their accuracy is given, nor do they form part of a contract. *Broadband speeds estimated and checked by https://checker.ofcom.org.uk/en-gb/broadband-coverage on [20/01/2026