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Mike Nightingale Partner View Profile

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Call: 01872 247008
Email: msn@miller-commercial.co.uk

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SOLD - 16, Arwenack Street, Falmouth

Retail for sale

£495,000

Freehold

Good quality accommodation comprising retail at ground and part lower ground floor, together with storage within the remainder of the lower ground floor and a 3 bedroomed maisonette above, spread over 2 floors with harbour views to the rear. The retail accommodation was refurbished to a high standard approximately 6 years ago.

  • FREEHOLD RETAIL PREMISES
  • 3 BEDROOMED RESIDENTIAL ACCOMMODATION ABOVE
  • CENTRAL POSITION WITHIN ARWENACK STREET
  • ENERGY PERFORMANCE ASSET RATING – D

Property Brochure PDF Location Map

Location

Falmouth is primarily known as a maritime town, with an active harbour; one of the deepest natural harbours in the world. There is a resident population of 26,767 as recorded in the 2011 Census. Numbers are greatly increased during the summer months due to an influx of tourists. Falmouth has a large number of hotels, guest houses and other accommodation providers and is a popular stop over location for cruise ships. Falmouth University has grown considerably over recent years and now has a student population of some 4,700 with ambitious expansion plans with an anticipated student population of 8,000 by 2018. The premises are well located within part of Falmouth’s main thoroughfare, in an area which includes a number of specialist clothing and gift shops, art galleries, cafe’s and restaurants.

Description

This four storey building includes ground floor retail with additional retailing and storage together with WC at lower ground floor level. The upper floors comprise a three bedroomed maisonette with separate lounge, kitchen and bathroom. There are harbour views to the rear at each level. It is considered that the premises could be altered to provide an independent access to the living accommodation through re-arranging the staircase and creating an additional entrance from Arwenack Street (subject to consents).

Accommodation

All areas and dimensions are approximate.
GROUND FLOOR
Retail Area – 84.5 sq.m (909 sq.ft)
Max Internal Depth – 15.22m
Max Internal Width 6.34m
LOWER GROUND FLOOR
Retail Area – 34.1 sq.m (367 sq.ft)
Storage – 27.8 sq.m (299 sq.ft)
WC
FIRST FLOOR – MAISONETTE
Kitchen 4.97m x 3.13m including fitted units and harbour views to rear.
Lounge 5.01m x 4.59m
SECOND FLOOR
Bedroom 1 4.01m x 2.78m
Bedroom 2 3.03m x 3.04m with harbour views.
Bedroom 3 3.48m x 3.60m
Bathroom – incl. Bath, WC and wash basin.

Tenure

Freehold – with full vacant possession.

Legal Costs

Each party to bear their own.

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the rateable value for 2017 is £19,000. To find out how much business rates will be payable there is a business rates estimator service via the website.
The flat is included with Band A of the council tax banding system.

Services

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.
We note however that there is a separate electricity supply to the maisonette.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Energy Performance Certificate

The Energy Performance Rating for this property is within Band D.

Contact Information

For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
Laura Gardner on 01872 247032 or via email lg@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

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] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] 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.

VIEWING: Strictly by prior appointment through Miller Commercial.

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Mike Nightingale Partner View Profile

Contact us about this property

Call: 01872 247008
Email: msn@miller-commercial.co.uk

Property Brochure PDF