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27, Market Place, Penzance

Retail to let

£14,950 Per Annum



27 Market Place is a centrally located, Grade II listed, period retail property in the heart of Penzance. The unit comprises ground and lower ground floor retail accommodation with large windows to the front and a return frontage facing Market Place; creating a light, bright and easy to occupy retail premises. The ground floor totals 888 sq ft (83 sq m) of sales accommodation, with further lower ground floor level sales and ancillary accommodation totalling 820 sq ft (76.26 sq m).

  • TO LET
  • TOTAL AREA OF 1709 SQ FT (159 SQ M)
  • EPC RATING F (137)

Property Brochure PDF Location Map


Penzance benefits from very strong communication links with a direct link to the A30 which forms the arterial road through the County, linking with the M5 at Exeter. It benefits from a rail terminus which provides regular services to London Paddington and other UK destinations. In addition, Penzance Harbour provides services to the Isles of Scilly. The town has a population in excess of 20,000, and is a popular tourist seaside destination continuing to attract rising visitor levels.


The premises comprise an attractive Grade II listed, double-fronted, mid-terrace building of traditional construction in the heart of the town at the junction of Causewayhead and Market Place. The ground floor comprises a well presented, open-plan retail area, benefitting from a small return frontage. The premises have previously been used as an off licence and most recently a hairdressing salon and are currently fitted out as such; with laminate flooring, various pedestals for hair dressing and a suspended ceiling. There is an additional lower ground floor trading area and ancillary staff accommodation / storage including a kitchenette and WCs.

There is a staircase at the front of the unit to the lower ground floor, which has been split in two to provide part additional retail space and part staff amenity. The lower ground floor has benefitted from a full redecoration and the addition of new WC’s and a kitchenette.

Schedule Of Accommodation

Ground floor sales – 888 sq ft (83 sq m)
Lower Ground Floor Rear – 436 sq ft (41 sq m)
Lower Ground Floor Front – 384 sq ft (36 sq m)
Total area ITZA – 841 sq ft


The premises are available by way of a new FRI lease at a rent of £14,950 per annum. The other terms of the lease are to be agreed by way of negotiation.

Legal Costs

Each party to bear their own costs incurred in the transaction.

Business Rates

We understand the rates payable is currently circa £14,000 per annum. However, do not rely on this information and please check with the local authority.


Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999


The property is elected for VAT and as such, the above price is quoted exclusive of VAT.


The Energy Performance Rating for this property is within Band ‘F’ (137). This is from an EPC issued in July 2011, when the premises was used as an off licence, and a new EPC will be supplied prior to any new lease being granted.

Contact Information

For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email or
Thomas Hewitt on 01872 247025 or via email

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Thomas Smith Partner View Profile

Contact us about this property

Call: 01872 247013

Property Brochure PDF