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Home > Find a Property > Engage Park, Penrith – Commercial Land with Planning Consent
Lot 45 - Timed Land and Property Auction 10th September 2024

Engage Park, Penrith – Commercial Land with Planning Consent

Guide price £ 250,000

Type of Sale

Auction

Key Features

  • and storage companies. Notable national occupiers such as Howdens Joinery
  • Cumbria. It is adjacent to junction 41 of the M6 motorway
  • including car showrooms
  • logistics
  • Plumb Centre
  • Prime Location: Engage Park is conveniently situated just off Cowper Road on the northwestern outskirts of Penrith
  • providing excellent connectivity between Birmingham and Glasgow. Popular Choice for Businesses: Engage Park is already a popular choice for a variety of businesses
  • Rickerby
Plan-and-position-of-Development-land-at-engage-park
Aerial view of a verdant countryside with a mix of green fields, patches of forests, and scattered buildings. A highway runs diagonally through the landscape. Rolling hills and distant mountains are visible under a partly cloudy sky. This picturesque land is for sale with World of Auctions.
A wide street lined with streetlights and trees stretches into the distance. Buildings with blue trim are visible on the left side, where parked cars wait in front. On the right, a grassy area with more trees borders the street. The sky is clear with a few clouds. For sale with World of Auctions.
A modern industrial park with large blue and grey buildings featuring glass windows is for sale with World of Auctions. The structures are surrounded by trees and green spaces. The sky is blue with a few clouds, and a paved road runs between the buildings.
Aerial view of an industrial complex with several large buildings and warehouses on commercial development land for sale with planning consent in Penrith. Various vehicles, including trucks and cars, are parked around the premises. The sky is clear with a few clouds, and the surrounding landscape is predominantly green fields.
land-registry-plan-for-engage-park-land-Palace-auctions
A map illustration of Engage Park in Pratola Serra, a commercial development land for sale with planning consent Penrith. The layout features several red buildings, roads, and parking areas against a navy background. Icons depict a truck, two people, and an electricity symbol. Engage Park's logo is in the top right corner.
Plan-and-position-of-Development-land-at-engage-park
1
Plan-and-position-of-Development-land-at-engage-park
Aerial view of a verdant countryside with a mix of green fields, patches of forests, and scattered buildings. A highway runs diagonally through the landscape. Rolling hills and distant mountains are visible under a partly cloudy sky. This picturesque land is for sale with World of Auctions.
A wide street lined with streetlights and trees stretches into the distance. Buildings with blue trim are visible on the left side, where parked cars wait in front. On the right, a grassy area with more trees borders the street. The sky is clear with a few clouds. For sale with World of Auctions.
A modern industrial park with large blue and grey buildings featuring glass windows is for sale with World of Auctions. The structures are surrounded by trees and green spaces. The sky is blue with a few clouds, and a paved road runs between the buildings.
Aerial view of an industrial complex with several large buildings and warehouses on commercial development land for sale with planning consent in Penrith. Various vehicles, including trucks and cars, are parked around the premises. The sky is clear with a few clouds, and the surrounding landscape is predominantly green fields.
land-registry-plan-for-engage-park-land-Palace-auctions
A map illustration of Engage Park in Pratola Serra, a commercial development land for sale with planning consent Penrith. The layout features several red buildings, roads, and parking areas against a navy background. Icons depict a truck, two people, and an electricity symbol. Engage Park's logo is in the top right corner.
Plan-and-position-of-Development-land-at-engage-park
2

Description

Welcome to the bustling commercial hub of Engage Park,

Engage Park Commercial development land with Planning consent CA11 9FB

conveniently situated just off Cowper Road on the north-western outskirts of Penrith, Cumbria.

This prime location is adjacent to junction 41 of the M6 motorway, providing excellent connectivity between Birmingham and Glasgow.

Engage Park is already a popular choice for a variety of businesses, including car showrooms, logistics, and storage companies. Notable national occupiers such as Howdens Joinery, Rickerby, Plumb Centre, and AW Jenkinson have already established their presence on the site.

The development of Engage Park has commenced, and we are now offering the remaining land for sale. This land comes with full planning consent for the further development of commercial investment units.

The units on offer range from 5,000 sq ft up to 80,000 sq ft, each featuring a minimum eaves height of 6m, ample car parking and loading facilities, dock level loading on larger buildings, and electrically operated roller shutter doors. Offices and WCs are included subject to occupier requirements.

All units will be connected to all mains services, with specific requirements available upon request.

The units will upon development be available to lease on terms to be agreed depending on unit size. Upon completion of the scheme,

Energy Performance Certificates (EPCs) will be carried out, with an anticipated rating of A.

The development is supported by the Cumbria Local Enterprise Partnership, Cumbria County Council, and Eden District Council, all of which are keen to facilitate investment and job creation on the site.

The guide price for the remaining development land is £250,000 per acre, with a total of 19 acres available with planning consent in place.

This presents a unique opportunity for investors looking to expand their commercial development portfolio in a prime location.

For further information, please contact. Palace Auctions and Joint agents World of Auctions.

Edward Swindells Tel: 07971 033276 Email Edward@worldofauctions.co.uk

Tom Barrett Tel: 02071013647 Email Tom@palaceauctions.com

 

We look forward to welcoming you to Engage Park, the perfect place for your business to grow and thrive.

Get in touch

Edward Swindells Consultant Auctioneer & Valuer
Download Sales Particulars

Location

Engage Park Commercial development land with Planning consent CA11 9FB ///stormy.overdone.cupcake

Map

Street View

Property Video

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Important Notices & Guidance Notes

Important notices

Pre-registration approval to bid, guide prices, reserves, additional charges and other matters.

Pre-registration approval to bid World of Auctions now require all bidders who wish to bid at our Auctions to register. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given.

Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without the consent of the auctioneers.

Guide Prices

A guide price (to include a range of prices), is not an indication of the anticipated eventual selling price or a valuation; it is an indication of the minimum price ( “the Reserve” ) at which (or range of prices within which) the seller might be prepared to sell. The eventual sale price can and frequently does, exceed the guide price.

Where a range is given, the Reserve will sit within that range and will not exceed the top end of the range. Where a single figure Guide Price is given, the Reserve will be within 10%, upwards or downwards, of that figure.

The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website, and you should check the website regularly for updates and on the day of the auction.

All guide prices are quoted “subject to contract”.

Please note the guide price for the Lot does not include: – any Buyers’ Fee charged by the auctioneers; – VAT on the sale price; – SDLT or any other Government taxes.

Additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers.

If a guide price is listed as “TBA”, it means no guide price has been set at present. Please do call our office about this. The guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates and on the day of the auction.

Reserve Prices

The reserve price is the minimum price at which the Lot can be sold.

Whilst every effort is made to ensure that the advertised guide prices are up to date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price just before the Lot is offered for sale and you should check the website regularly for updates and on the day of the auction.

World of Auctions, Residential and Commercial Auctions. Our content is meticulously curated by our seasoned professionals, specifically tailored for discerning property buyers. Our platform is best suited for experienced institutional or business buyers, as well as individuals equipped with the necessary knowledge and expertise to make informed purchasing decisions. We deal in properties that come with their own unique set of risks, which our sophisticated buyers understand. If you’re uncertain about meeting these prerequisites, we recommend seeking independent advice or reaching out to us directly.”

Buyers Premium 

A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At world of Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.

Buyers’ fees, Seller’s fees and additional charges

For each Lot, a documentation charge / Fee is payable on the fall of the hammer to World of Auctions as follows:

Residential Auctions – Lots sold for £10,000 or more: Buyers’ Fee of £1,500 inclusive of VAT.

Lots sold for less than £10,000: Buyers’ Fee of £500 inclusive of VAT.

Commercial Properties – All Lots: Buyers Fee £1,000 excluding VAT

Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.

VAT may be chargeable in addition to the sale price for the Lot. The auctioneer will announce this and will be contained within the particulars.

Other Matters

Please note that Lots may be sold or withdrawn at any time prior to auction.

Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer’s Fee may be varied from the standard amounts quoted upon or website or by a member of our sales team. So please check.

Please refer to the addendum, the Particulars and/or the conditions of sale.

Mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty’s Stationery Office. © Crown Copyright. All rights reserved. Licence number 100022432. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty’s Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing.

The Auctioneers do not warrant or represent that any plans or photographs show the up-to-date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

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