37-38 Market Street, Falmouth, Cornwall, TR11
£112.50 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
4,000-4,500 sq ft
372-418 sq m
- SECTOR
High street retail property for sale
Key features
- FOR SALE BY AUCTION 15TH MAY 2025
- Let to Trespass Enterprise Limited (t/a Trespass)
- New 10 year extended lease from April 2025 (subject to options)
- Rebased rent from £46,000 pa
- Approx. 408.87 sq m (4,401 sq ft) over ground, first and second floors
- Residential conversion potential (subject to lease and consents)
- Popular Cornish seaside and University town
- Nearby occupiers include Boots the Chemist, Superdrug, Mountain Warehouse, Costa Coffee and Caffe Nero
- VAT-free investment
- Rental income £40,000 per Annum Exclusive
Description
Falmouth is a popular seaside town in Cornwall, approximately 11 miles south of Truro. The property is situated in Falmouth's prime retailing pitch on the north side of the busy Market Street. Nearby occupiers include Boots the Chemist, Superdrug, Mountain Warehouse, Costa and Caffe Nero.
Tenure
Freehold.
Description
The property comprises a large shop arranged over ground, first and second floors.
VAT
VAT is not applicable to this lot.
EPC
C70.
For further information, to register your interest in this property and download the legal pack, please visit the Acuitus website.
Brochures
37-38 Market Street, Falmouth, Cornwall, TR11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Falmouth Town Station0.5 miles
- Falmouth Docks Station0.7 miles
- Penmere Station0.7 miles
Notes
Disclaimer - Property reference A12917Falmouth. 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 Acuitus Limited, Acuitus. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Acuitus Limited, Acuitus on 020 7870 2773.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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