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Investment for sale / Freehold

£5,250,000 Offers in excess of

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Jubilee Wharf And Jubilee Warehouse, Commercial Road, Penryn, Cornwall

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Overview

  • UNIQUE WATERSIDE INVESTMENT OPPORTUNITY
  • MULTI LET COMMERCIAL & RESIDENTIAL INVESTMENT WITH 26 COMMERCIAL, 6 RESIDENTIAL AND 7 PERMANENT MOORINGS
  • AWARD WINNING ECO DEVELOPMENT WITH MANY INNOVATIVE GREEN FEATURES. JUBILEE WAREHOUSE AWARDED BREEAM EXCELLENT
  • FULLY LET, PRODUCING £328,521 PA RENT PLUS INCOME FROM OTHER SOURCES AND REVERSIONARY RENT POTENTIAL OF £77,395
  • POTENTIAL TO INCREASE RENT ROLL
  • AVAILABLE FOR THE FIRST TIME EVER ON THE MARKET
  • JUBILEE WHARF HAS EPC RATINGS OF “A-B” FOR COMMERCIAL UNITS. ALL FLATS ARE RATED “C”. JUBILEE WAREHOUSE HAS AN EPC RATING OF “B”

Jubilee Wharf & Jubilee Warehouse is an award-winning, mixed- use, water front development comprising a combination of offices, studios, workshops, cafe, children’s nursery, moorings, multi-use hall & six duplex flats with sustainability & green credentials uppermost in its design & features.

Jubilee Wharf is arranged in two blocks – one two-storey and the other four-storey.

The two-storey building to the south of the site accommodates the day nursery, cafe, several health and well being studios and the ZedShed multi-use hall. Feature wind cowls provide natural ventilation to the interior from the roof.

The four-storey building in the middle of the estate accommodates 12 workshop units on the ground and first floors with six duplex apartments occupying the two floors above. The apartments have been designed with natural ventilation via the wind cowls, removing the need for electric fans. The apartments benefit from underfloor heating & hot water powered by a wood pellet boiler

Penryn is a historic market town and port situated at the head of the estuary of the Penryn River, which connects to the main estuary of the Fal at Falmouth. The town has a long and colourful history linked to maritime activity and commerce. Penryn and the wider area has benefited greatly from the growth of Falmouth University and the University of Exeter in recent years. The property is situated on Commercial Road, home to a wide range of businesses, retailers, coffee shops and eateries.

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Thomas Smith Partner View Profile

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

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