Description

A rare opportunity to acquire the lease of a three storey, self-contained building, which is located very close to the town centre. The property is suitable for a wide range of business activities; office premises, solicitor, accountant, estate agent, financial consultants, etc. Also gallery space, therapeutic practices, beauty therapies, or perhaps a small retail outlet with storage above.

Banks, Post Office, shops, car parks and most main facilities of the town are within easy walking distance, as are the Harbour and Sea Front areas, tropical gardens and a large park. The property enjoys the benefit of a busy passing trade, with Parade Street leading to a well used pedestrian short cut from the town centre to many of the main residential areas.

Other commercial premises in the street consist of a theatre, busy cafe (immediately opposite), hairdressers, Chinese takeaway, an art gallery and two public houses. Running almost at right angles lies Chapel Street, one of the most historic streets of the town, and the main route from town centre to sea front. It offers an eclectic variety of antique and craft shops, the famous National Trust owned ‘Egyptian House’ and several restaurants. Chapel Street is particularly popular with the large numbers of tourists who visit Penzance each year. With that in mind a considerable advantage is that the building stands out from that which it adjoins, and offers space for a large sign to alert those who pass by the end of the street.

The accommodation, as shown in the photos and on the floor plans, comprises:

Ground Floor: Room with storage heater, understairs storage cupboard.

First Floor: W.C., Small Kitchen. Front Room with storage heater.

Second Floor: Front Room with storage heater. The second, rear, room here has mainly been used for storage as it only has a small roof-light window. However, the door is opposite a large side window, and if it was changed for a glazed door, it would allow sufficient light into the room to increase its usability.

As previously mentioned, the building as a whole is suitable for very many uses and it is therefore difficult to ‘label’ the rooms.

​The Terms are negotiable, with the amount of rent depending upon the length of lease. £8320 pa, for a minimum of a 3 year lease. A shorter period is negotiable for a higher rent. The tenant to pay ‘insurance rent’, the cost of insuring the building; the amount may be influenced by the type of business, although the tenant should also insure their own contents, and take out cover for any public liability their business may render them subject to. Rent is due quarterly in advance. If it is your only business, you should currently qualify for 100% discount on the business rates. There is a Water Meter. A security deposit of one quarter’s rent will be required. The incoming tenant and the landlord to pay an equal share of the cost of preparing the lease. EPC: D.

Detail

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    Property ID
    12PS