Commercial Property

6-7 Causewayhead, Penzance, Cornwall, TR18 2SN

  • Penzance
  • £150,000
  • 1,779 Sq Ft

Property Features

  • FREEHOLD - GROUND FLOOR RETAIL PREMISES
  • CENTRAL LOCATION
  • GENEROUS ACCOMMODATION - 1,800SQFT
  • IMMEDIATELY AVAILABLE WITH VACANT POSSESSION
  • ENERGY PERFORMANCE RATING (TBC)

Property Summary

Opportunity to acquire the Freehold of a retail premises, centrally located within Penzance, the unit is immediately available with vacant possession.  The freehold of the entire building is available & the 4 flats occupying the upper parts are to be retained by the seller on a 999-leases.

Full Details

ACCOMMODATION:
Ground Floor:
Retail - 77.3sqm (779sqft)
Ancillary - 99.3sqm (1,000sqft)
Total - 176.6sqm (1,779sqft)

First Floor:
Flat 1 - Sold on a 999-Year Lease
Flat 2 - Sold on a 999-Year Lease

Second Floor:
Flat 3 - Sold on a 999-Year Lease
Flat 4 - Sold on a 999-Year Lease

TENURE
The Freehold of the whole building is available, however the 4 flats on the upper floors are to be retained by the current owner with the benefit of individual 999-Year Leases. Each flat will pay a ground rent of £100 pa so the total ground rent income will be £400 pa.

AVAILABILITY
The ground floor retail unit is available with Vacant Possession.

VIEWING
The shop is currently trading, an initial informal viewing is encouraged. Subsequent to this a more formal inspection can be arranged via Redgrave Commercial.

More Information

  • Make Enquiry
  • Call 01872 277 314