Retail Property (high street) for sale

Causewayhead, Penzance, Cornwall, TR18

£230,000
2,357 sq. ft.

Property Description

Commercial information

  • 2,357 sq ft (218 sq m)

Full description

Attractive three storey premises

Prominent position in one of the key shopping streets

Atrium providing natural light to the main ground floor retail area

Ample storage

Second floor offices

Potential for development, STSC

Vacant possession upon completion

Location

This property is situated in Causewayhead, one of the principle shopping streets of Penzance.

Penzance boasts easy access onto the road network via the main A30 trunk road that runs adjacent to the town and connects at Exeter to the M5. Alternatively the National rail network via the station located at the bottom of Market Jew Street runs directly through to London Paddington on a daily basis. Penzance is well known as the retail and administrative capital for the most western part of Cornwall.

This three storey building provides a generous shop front of 5.1 m (16.8 ft) to Causewayhead.

At ground level this property provides a retail area with a striking atrium providing a light and airy feel. An ancillary store area is also located to the rear. Stairs lead from the ground floor retail area to the first floor retail area and then in turn to the second floor, which has been fitted out as offices. From the ground floor store stairs lead up to the first and second floor stores. There is also a small rear courtyard.

A WC and kitchenette are provided in the ground floor store area with another WC available in the second floor store.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).

Ground floor retail: 84.7 sq m (912 sq ft)
Ground floor store: 20.1 sq m (217 sq ft)
First floor retail: 36.5 sq m (393 sq ft)
First floor store: 20.1 sq m (216 sq ft)
Second floor office: 38.3 sq m (412 sq ft)
Second floor store: 19.1 sq m (206 sq ft)

Total: 218.9 sq m (2,357 sq ft)

Planning

We understand that this property is situated in a Conservation area, but is not Listed.

There may be potential to convert the rear and upper parts to residential, STSC.

For further information regarding planning please contact Cornwall Council's Planning Department on 0300 1234 151.

Rent / Price

£21,500 per annum or £225,000 for the freehold

Terms

The premises are available by way of a freehold disposal. Freehold interest is invited on a conditional and non-conditional basis.

Alternatively a new full repairing and insuring lease with other terms to be agreed may be available to a suitable covenant.

Rateable Value

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £15,250 effective from the 1st April 2017, reference 25010840054000.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC

TBC

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Truro

Walsingham House Newham Road, Truro, TR1 2DP

01872 490062 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Penzance (0.3 mi)
  • St. Erth (5.5 mi)
  • Lelant Saltings (5.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Vickery Holman, Truro

Walsingham House Newham Road, Truro, TR1 2DP

01872 490062 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 18036FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vickery Holman, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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