Residential Development Opportunity

The site (outlined in red) comprises a large commercial building, which extends to 8,668 sq ft (805 sq m). This was last used as a retail showroom with customer parking area.

Please see Planning section below.

View the site here:
https://youtu.be/qku-90gMXDk

A data pack including plans and other supporting information is available on request to serious applicants, please enquire OR please see the plans and associated documentation on the Cornwall Council planning website.

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.

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

Existing building 805 sq m (8,668 sq ft) on site of 0.47 ha (1.01 acres)

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.

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

Awaited.

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

All figures quoted are exclusive of VAT if applicable.