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For Sale

Residential Development Opportunity

Specifications

1.1 Acres (0.45 Hectares)
£
For Sale: £1,450,000 Guide Price
Residential Development Opportunity, Branwell Lane, Eastern Green, Penzance, TR18 3DH
Current Brochure Video

Summary

Rare opportunity
Approx. 0.47 ha (1.01 acre) site
Building with 805 sq m (8,668 sq ft) NIA
Allocated residential development land
Planning permission applied for 17 dwellings
Level walk to nearby amenities
Short distance from beach at Eastern Green

Description

The site has a building currently used as a retail showroom and previously as a well known local nightclub and a large customer parking area.

Please see Planning section below: -



A data pack including plans and other supporting information is available on request to serious applicants, please enquire.

Location

Penzance boasts easy access onto the road network via the main A30 trunk road that runs adjacent to the town and connects at Exeter to the M5. Alternatively the National rail network via the station located at the bottom of Market Jew Street runs directly through to London Paddington on a daily basis. Penzance is well known as the retail and administrative capital for the most western part of Cornwall and has a growing reputation as a sought after location.

Accommodation

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice on a gross/net internal basis.

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £55,500 therefore making the approximate Rates Payable £28,416 per annum for 2023/24.

Services

We are advised that mains water, electricity and drainage are all available in the vicinity however interested parties must make their own enquiries.

EPC / MEES

Awaited.

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts