Penzance is the principal administrative and shopping centre of West Cornwall and is also an important focus for tourism. In addition to providing for the food shopping needs for the local population, the town contains numerous durable goods stores and is an important Banking and Service Industry centre. It is also considered to be one of the most important historic town centres in Cornwall and is noted for its well preserved ancient town plan, waterfront and the number of Buildings of Architectural and Historic Importance. Both the railway and bus stations are located immediately to the north of the harbour car park.
A three/four storey building of traditional granite construction with a pitched slated roof. The ground floor is occupied as an estate agents and there are four flats above accessed to the rear off Buriton Row.
Ground Floor Retail Premises – 72.9 sq.m (785 sq.ft)
First Floor – Flat 1 – one bed; Flat 2 – one bed.
Second Floor Flat 3 -one bed
Second/Third Floor – Flat 3 – two bed – this is spread over two floors
Floors plans are available.
The property is held freehold and is sold subject to and with the benefit of the following lease/tenancies:-
Ground Floor – a 20 year proportional full repairing and insuring lease from July 2009 at a passing rental of £16,500 per annum exclusive.
Flat 1. Vacant – being marketed at £595 PCM UNDER OFFER
Flat 2. Let under an Assured Shorthold Tenancy at £480.00 PCM
Flat 3. Let under an Assured Shorthold Tenancy at £550.00 PCM
Flat 4. Becoming Vacant – will be marketed at £595 PCM – UNDER OFFER
Potential Total Income £40,500 per annum
Each party to bear their own.
Value Added Tax
This property is not registered for VAT.
Energy Performance Certificate
The Energy Performance Ratings for this property are as follows:-
Ground Floor – Band D (85)
Flat 1 Band D (62))
Flat 2 Band F (34)
Flat 3 Band F (37)
Flat 4 Band D (60)
Our client has been advised that to improve the ratings on flats 2 & 3 the energy meters need to be changed to Economy 7.
For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email firstname.lastname@example.org or
Thomas Hewitt on 01872 247025 or via email email@example.com or
Joint Agent PRH Estate Agents – Lowena Greaves on 01736 363816 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.