Retail Property (high street) for sale

Causewayhead, Penzance, Cornwall, TR18

£250,000
5,499 sq. ft.

Property Description

Commercial information

  • 5,499 sq ft (510 sq m)

Key features

  • The ground floor currently offers an open plan sales area, with a wide staircase up to the second floor sales area. To the rear is an office, and beyond through a pair of double doors is the stock roo

Full description

Sizeable three storey retail premises in a popular position on Causewayhead

Wide frontage of approximately 11.6 metres (38 ft)

Available either For Sale or To Let

Incentives may be available to a suitable tenant

Location


This three storey property is situated on 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.

Accommodation


All areas are approximate and measured in accordance with the RICS Property Measurement (1st Edition).
Ground Retail Zone A: 73.4 sq m (790.1 sq ft)
Ground Retail Zone B: 68.3 sq m (735.2 sq ft)
Ground Retail Zone C: 31.2 sq m (335.8 sq ft)
Ground Floor Store: 58.5 sq m (629.7 sq ft)
First Showroom: 158.7 sq m (1708.2 sq ft)
First Floor Store/Staffroom: 61.3 sq m (659.8 sq ft)
First Floor Toilets: N/A
Second Floor Store: 59.5 sq m (640.5 sq ft)
Total: 510.9 sq m (5,499.3 sq ft)

Planning


This property may offer potential for a change of use, please enquire for further information.

Rent / Price


£250,000 for the freehold or £27,500 per annum exclusive

Terms


The premises are available by way of a freehold disposal. Freehold interest is invited on a conditional and unconditional 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 £30,750 effective from the 1st April 2017, reference 25010840060000.

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


EPC Rating: C (73)

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 17640FH. 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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