Commercial Property for sale

Duke Street, St Austell

£269,950

Property Description

Full description

A RARE AND INTERESTING OPPORTUNITY TO PURCHASE A TOWN CENTRE FREEHOLD INVESTMENT OPPORTUNITY. MIX OF COMMERCIAL AND RESIDENTIAL TENANTS. POTENTIAL FOR FURTHER DEVELOPMENT OR RE DEVELOPMENT (SUBJECT TO CONSENTS) CURRENT ANNUAL INCOME c£21,700 plus £5,000 EMPTY UNIT

The Town - The recently regenerated St Austell town centre is situated within a short distance and offers a wide range of shopping, educational and recreational facilities. There is a mainline railway station and leisure centre together with primary and secondary schools and supermarkets. The picturesque port of Charlestown and the award winning Eden Project are within a short drive. The town of Fowey is approximately 7 miles away and is well known for its restaurants and coastal walks. The Cathedral city of Truro is approximately 13 miles from the property.

Location - The property is situated in a prominent edge of town centre location adjoining the taxi rank just off South Street.

The Investment - A rare opportunity to purchase a substantial town centre Freehold Investment property with a commercial/residential mixed use. The ground floor comprises 3 retail units with 2 currently occupied. The first floor is currently a large office suite and the second floor a spacious 3 bedroom apartment. To the rear is a courtyard providing parking for 3 vehicles. There is without doubt room for further development, subject to necessary consents, which could include converting the apartment into 2 units and possible converting the office suite into residential.

11-13 Duke Street - Currently one unit (previously 2 units) with central archway a retail sales unit.

Number 11 (5.2m max x 3.37 m av) front display window, front entrance door, rear store, rear door, open archway to:

Number 13 (6.1m max x 3.3m av) front display window, entrance door, rear kitchenette and w c.

15 Duke Street - Currently oppupied by a local hairdresser.

Number 15 (5.2m max x 3.5m av) front display window, front entrance door, 2 cutting station salon, rear kitchenette/store, w.c..

17 Duke Street - Currently occupied by a local newsagent.

Number 17 Front Shop 5m av x 4.3m max, side store

Inner Shop 5.6m max x 3m av, rear window, doors to

Store 1 5.6m x 3m av.

Store 2 2.9m av x 2m

Kitchenette

W C

19 Duke Street - First Floor Office Suite

The premises provides....

LARGE COMMUNAL RECEPTION OFFICE with kitchen and toilet facilities.

Office 1 - 3.36m x 3.54m

Office 2 - 3.61m x 2.67m

Office 3 - 3.67m x 3.45m

Office 4 - 3.43m x 3.84m

OFFICE 5 - Large office with rear window.

OFFICE 6 - Another large office with side window.

19A Duke Street - Currently a 3 spacious bedroom apartment.

Hall and landing

Bathroom W C 3.3m max x 2.5m av

Kitchen 3m av x 2.9m av

Bedroom 1 4.9m max x 3.09m max

Sitting Room 4.8m av x 6m max

Bedroom 2 4m x 3.1m

Bedroom 3 5.3m x 3.8m with rear access door and stairs to car park

Outside - To the rear of the property is a courtyard providing parking some 3 vehicles.
To the front the property adjoins the pavement and taxi rank.

Property Rents - 11-13 Duke Street - vacant and marketed - asking rent c£5,000 pa
15 Duke Street - 6 year lease at £4,800 pa
17 Duke Street - 5 year lease at £4,950 pa
19 Duke Street - 9 year lease at 3936 pa
19a Duke Street - rolling assured shorthold tenancy - £695 pcm

Services - None of the systems, services or appliances at the property have been tested by the agents.

Local Authority - Cornwall Council 0300 123 4100

Current Rateable Values - please see www.voa.gov.uk

Viewing - STRICTLY by appointment with the Vendors agents: MAY WHETTER AND GROSE, 11 FORE STREET, ST AUSTELL. PL25 5PX
Tel: 01726 73501 Email: commercial@maywhetter.co.uk Website: www.maywhetter.co.uk




Nearest stations

  • St. Austell (0.2 mi)
  • Par (4.1 mi)
  • Luxulyan (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

May Whetter & Grose, St Austell

Piran House, 11 Fore Street, St. Austell, PL25 5PX

01726 431034 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

  • St. Austell (0.2 mi)
  • Par (4.1 mi)
  • Luxulyan (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

May Whetter & Grose, St Austell

Piran House, 11 Fore Street, St. Austell, PL25 5PX

01726 431034 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 26286178. 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 May Whetter & Grose, St Austell. 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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