Overview

• MIXED COMMERCIAL AND RESIDENTIAL INVESTMENT OPPORTUNITY
• TWO REFURBISHED APARTMENTS & A SHOP ON THE GROUND FLOOR
• TOWN CENTRE LOCATION
• IMMEDIATELY AVAILABLE
• EPC C (COMMERCIAL) & E (RESIDENTIAL)

This an ideal opportunity for an investor/owner occupier to acquire a Freehold property in the centre of the popular Cornish Town of St Austell. The building which extends over 3 floors comprises two x refurbished 1 bedroom apartments with the Ground Floor being occupied by way of a 6 year lease at a current passing rental of £6,750 per annum. It is anticipated that when fully let the building will generate circa £22,000 per annum.

St Austell is one of the largest population centres in Devon and Cornwall with an immediate population of over 40,000. The town has a catchment of 450,000 and each year this is further boosted with 2.2 million visitors and tourists to Cornwall. The very popular local attractions “The Eden Project” and “The Lost Gardens of Heligan” are in close proximity to the town, leading to very strong visitor numbers to the local area. The property is a short walk from the bus and mainline railway station.