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Church Street, Falmouth, Cornwall, TR11

Guide Price
£720,000

Business rates & charges may apply

Laskowski & Company, Commercial
SIZE

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SECTOR

6 bedroom mixed use property for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Key features

  • Mixed-use investment
  • Prime central Falmouth position
  • Grade II Listed
  • Comprising 2 commercial units and 2 residential apartments
  • Current income: £72,000 per annum
  • 10% YIELD!

Description

10% YIELD!

A prominent Grade II Listed mixed use building arranged over ground, first, second and third floors. The property comprises 2 'lock-up' commercial units on the ground floor, let to 'Baker Tom's' and 'Atlantis Jewels'. 2 separate residential apartments are located on the upper floors with independent access via a light and airy communal staircase; at first floor level, a 2 bedroom apartment with lounge/kitchen and family bathroom, totalling approximately 804 sq ft. The upper 2 floors comprise a 4 bedroom duplex apartment, boasting a very large lounge/diner/kitchen, and 2 bathrooms, totalling approximately 1,400 sq ft.

Current rental income: £72,000 per annum.

EPC(S):
Residential: C, C, C, C, D.
Commercial: B, C.

To the rear, 3 individual, self-contained freehold properties, available by separate negotiation.

10d: 2-storey 2 bedroom property, totalling approximately 480 sq ft
10e: 2-storey 3 bedroom property, totalling approximately 668 sq ft
10f: single storey 2 bedroom property approximately 451 sq ft

Church Street, Falmouth, Cornwall, TR11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Falmouth Town Station0.4 miles
  • Falmouth Docks Station0.6 miles
  • Penmere Station0.7 miles

About Laskowski & Company, Commercial

28 High Street, Falmouth, TR11 2AD

We advise on the sale, acquisition, letting and development of commercial property across all sectors in Cornwall and the wider South West. Our experience at the very forefront of the market means we achieve superior results, time and time again.

Having steered complex, high-value sales, we ensure transactions are handled professionally, whether that be discreetly or on an open market basis. James brings with him a deep understanding of the transaction process and access to a wealth of investors and operators, following his experience working at some of the world's largest and most respected commercial property advisory firms.

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