Penzance is the largest town in west Cornwall and benefits from good communication connections with a direct link to the A30 which forms the arterial road through the County, linking with the M5 at Exeter. Penzance benefits from a bus station and mainline Railway Station which provides regular services to London Paddington and other UK destinations. Newquay airport is located approximately 41 miles from the town and the nearby harbours provide a thriving local fishing community and ferry services to the Isles of Scilly. The town has a population in excess of 20,000, and is a very popular tourist seaside destination continuing to attract rising visitor levels.
Prime Retail unit for sale in Market Place in central Penzance on the south coast of Cornwall. Currently home to menswear store, Burton. The first floor is currently let to a bar, producing an income of £10,000 per annum. The property benefits from good prominence fronting Market Jew Street and nearby occupiers include Coral, Clarks, Wetherspoons, Trespass, Lloyds Bank and Holland & Barrett.
The property provides the following approximate net internal floor areas:
Ground Floor 2,097 sq ft (194.85 sq m)
ITZA 956 sq ft
First Floor 2,011 sq ft (187 sq m)
Total 4,108 sq ft
The freehold of the property is available at an asking price of £450,000. The owner may consider leasing the ground floor, at a rent to be agreed.
Each party to bear their own.
General Enquiries 0300-1234-100
We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value of the ground floor is £41,000.
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
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
Energy Performance Certificate
The Energy Performance Rating for the ground floor is E (104).
The Energy Performance Rating for the first floor is D (98).
For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email email@example.com or
Mike Nightingale on 01872 247008 or via email firstname.lastname@example.org
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.