Sale of 18 Victoria Road, Penrith

We are pleased to announce completion of the sale of 18 Victoria Road in Penrith. The commercial property is prominently situated on the main A6 into the town centre and is entirely let to Greg Malloys hairdressing salon. The sale demonstrates there remains good interest in commercial investment property which provides a better return than many other investments according to Duncan Young, director of Mere. The property was on the market at a guide price of £150,000.