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Arwenack Street, Falmouth, Cornwall, TR11

Fixed Price
£562,000

Business rates & charges may apply

Laskowski & Company, Commercial
SIZE

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SECTOR

5 bedroom mixed use property for sale

USE CLASSUse class orders: C2 Residential Institutions and Class E

C2, E

Key features

  • 10% YIELD!
  • Prime central Falmouth position
  • Ground floor unit let to restaurant operator
  • 2 apartments on upper floors
  • Current income: £56,285 per annum
  • Freehold

Description

A freehold mixed use property, comprising 2 commercial 'lock-up' units let to a restaurant operator, 'Meat Counter', with 2 separate residential apartments on the upper floors, accessed via a private door at ground floor level leading to a communal staircase. The first apartment, 27a, located at first floor level, provides 2 bedrooms, lounge, kitchen and family bathroom, and totals circa 732 sq ft. The second apartment, 37b, accessed via the first floor but located at second floor level, offers 3 bedrooms, lounge, kitchen, and family bathroom, totalling circa 748 sq ft.

Current rental income: £56,285 per annum.

EPC(S)
Residential: E, E.
Commercial: D.

Arwenack Street, Falmouth, Cornwall, TR11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Falmouth Town Station0.3 miles
  • Falmouth Docks Station0.5 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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