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UNDER OFFER

11 Arwenack Street, Falmouth

£230,000

£386.55 per sq ft

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE AVAILABLE

595 sq ft

55 sq m

SECTOR

Commercial property for sale

Key features

  • INVESTMENT OPPORTUNITY
  • LET ON 10 YEAR TERM, GENERATING £20,000 PA INCOME WITH 3 YEARLY RENT REVIEWS
  • TOWN CENTRE LOCATION
  • GRADE II LISTED PROPERTY
  • REMAINDER OF 999 YEAR LONG-LEASEHOLD OF RETAIL UNIT FROM 6TH OCTOBER 2023
  • 595 SQ FT (55 SQ M) RETAIL UNIT
  • EPC RATING C (57)

Description

The property is situated in a prominent position on Arwenack St, the main thoroughfare through the centre of Falmouth, which is renowned as a hub of independent retailers, bars and eateries and is in close proximity to the Maritime Museum and Events Square, both large tourist attractions and footfall generators. This part of Falmouth is also famous for the many waterside pubs that look out across the harbour, making the immediate area a highly desirable and popular pitch & trading location. The investment comprises a long-leasehold of the retail unit for the remainder of a 999 year lease from 6th October 2023.

Brochures

11 Arwenack Street, Falmouth

Approximate location
Open mapStreet View

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 Miller Commercial, Commercial Agency

The Old Sunday School, 2 Old Bridge Street, Truro, TR1 2AQ

Miller Commercial is a General Practice firm of Chartered Surveyors operating out of Mansion House, a mid 18th Century Grade 1 Listed property in the heart of Truro, Cornwall's only City and the Duchy's commercial hub.

The firm is a private partnership born from a Hambro Countrywide management buy-out in 1994, with 3 Partners and 12 additional fee earners. Miller Commercial is the largest commercial firm of Chartered Surveyors in the county and operates throughout Cornwall and West Devon.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8303.2. 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 Miller Commercial, Commercial Agency. 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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