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Thomas Smith Head of Commercial Agency View Profile

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

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The Little Picture Gallery, 1 The Millpool, Penzance

Retail for sale

£175,000 Asking price

Long Leasehold

CHARMING GALLERY / RETAIL unit for sale. Set over ground and first floors, this SELF CONTAINED property offers a light, bright modern retail unit within a period property in the heart of Mousehole. AVAILABLE FOR THE FIRST TIME IN 14 YEARS, the property has been well maintained and provides a very attractive option for someone looking to run another gallery or a variety of other retail uses.

  • LONG LEASEHOLD FOR SALE – REMAINDER OF 999 YEAR LEASE FROM 09/03/1992
  • 360 SQ FT (33.5 SQ M)
  • VERY WELL MAINTAINED SELF CONTAINED GALLERY/RETAIL UNIT
  • GROUND AND FIRST FLOORS
  • SHARED WC FACILITY
  • EPC RATING – C (67)

Property Brochure PDF Location Map

Location

The property is located in the heart of the village of Mousehole, one of the most famous fishing villages in Cornwall and extremely popular with tourists. Due to its largely unspoilt look and traditional harbour, the village has grown in prominence as a “Must Visit” destination for visitors and every year thousands of tourists are drawn to the unique Christmas lights display around the village and harbour. The property is moments away from the harbour front meaning it benefits from very good footfall, especially during the summer months and over Christmas.

Description

A light, bright and charming self contained retail unit, currently used as a gallery but could be used for other retail uses (subject to planning). The property fronts onto Mill Lane and forms a very visible entrance to the Mill Pool, a small courtyard of three retail units including a lifestyle/gift shop as well as a coffee shop. The property is arranged over ground and first floors with a retail area to the front leading to an additional trading area to the rear with a staircase up to the first floor. There are shared WC facilities with the neighbouring unit.

Schedule Of Areas

Ground floor – 252 sq ft (23.5 sq m)
First floor – 108 sq ft (10 sq m)
TOTAL – 360 sq ft (23.5 sq m)

Tenure

The property is available for sale by way of the long leasehold interest at an asking price of £175,000. A 999 year lease was granted on 9th March 1992 at an annual ground rent of £50 per annum.

Legal Costs

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

Business Rates

We refer you to the government website https://www.tax.service.gov.uk/view-my-valuation/search which shows that the current rateable value is £4,450. The Government has provided business rates relief for retail, hospitality and leisure businesses in the 2020-2021 tax year. For more information please visit https://www.gov.uk/guidance/check-if-your-retail-hospitality-or-leisure-business-is-eligible-for-business-rates-relief-due-to-coronavirus-covid-19

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

Vat

All the above prices are quoted exclusive of VAT.

Epc

The Energy Performance Rating for this property is within Band ‘C’ (67).

Contact Information

For further information or an appointment to view please contact either:-
Tom Smith on 01872 247013 or via email ts@miller-commercial.co.uk or
Thomas Hewitt on 01872 247025 or via email th@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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Thomas Smith Head of Commercial Agency View Profile

Contact us about this property

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

Property Brochure PDF