Chartered Surveyors and Business Property Specialists
Investment for sale / Freehold

£210,000 Asking price

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Sold
1/10
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3 Stewart Buildings, Morrab Road, Penzance, Cornwall

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Overview

  • FOR SALE
  • MIXED USE RETAIL AND RESIDENTIAL INVESTMENT
  • ATTRACTIVE PERIOD PROPERTY ON SOUGHT AFTER MORRAB ROAD
  • RETAIL RENTAL INCOME OF £8,500 PA FOR A TERM UNTIL DECEMBER 2026
  • RESIDENTIAL EPC “D” (65)
  • RETAIL EPC “D” (100)

A mixed use investment property with ground floor leased to well-known local haberdashery company Buttons & Bows and the the upper floors comprise a spacious 2 bedroom split level flat. The retail unit generates an income of £8,500 pa and is let to well-known local haberdashery business, Buttons & Bows for a term to expire December 2026. The residential flat is vacant but is available for immediate occupation either as a rental property or primary residence.

Located at the northern end of Morrab Road in Penzance in close proximity to Penlee House Gallery, Penzance Tennis Club and Morrab Gardens in a very prominent corner position, overlooking both Morrab Road and Alverton Street. Immediate business neighbours include Alfred Smith & Son department store, Morrab Studio and Lavenders Bakery reinforcing this part of Penzance as a hub of local, independent businesses.

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Thomas Smith Partner View Profile

Call: 01872 247013
Email: ts@miller-commercial.co.uk

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