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For Sale

The Cinedrome Lanadwell Street

Specifications

2,846 Sq Ft (264.39 Sq M)
£
For Sale: £1,300,000 Freehold
The Cinedrome Lanadwell Street, Padstow, Cornwall, PL28
Current Brochure

Summary

Well located within a popular Cornish town
Flexible space
Double frontage on to Middle Street and Lanadwell Street
Potential for development, subject to planning
Open plan upper floors
Currently four shops and former cinema
Vacant possession upon completion

Description

A rare opportunity to acquire the freehold of a large section of prime Padstow real estate. The property currently benefits from having four shops, used separately with a former cinema on the first floor, which now provides a large open space. The property
is flexible and could suit a range of occupiers and developers.

Close by occupiers include Rick Stein's, Paul Ainsworth, Whitestuff and Joules.

Location

Padstow is an attractive and historic fishing port and a very popular tourist centre on the North Cornwall coast, positioned across the estuary from the famous resort of Rock. The area attracts large numbers of visitors every year. Padstow is located approximately 22 miles from the cathedral city of Truro. The nearest rail connection is Bodmin and the local airport is located just 12 miles away near Newquay. The nearby major A30 trunk road provides links to Plymouth, Exeter and the M5.

Accommodation

All areas are approximate and measured in accordance with the RICS Code of Measuring Practice

7 Middle Street 41.8Sq M, 450Sq Ft
9 Middle Street 30.2Sq M, 325Sq Ft
10 Lanadwell Street 20.1Sq M, 225Sq Ft
12 Lanadwell Street 13.62Sq M, 147Sq Ft
The Old Cinema 157.84Sq M, 1,699Sq Ft

Total 264.4Sq M, 2,846Sq Ft

Business Rates

From a visit to the valuation office website www.voa.gov.uk.

7 Middle Street: local council reference 24523999021010, rateable value £22,750
9 Middle Street: local council reference 24523999023010, rateable value £19,500
10 Lanadwell Street: local council reference 24523999030000, rateable value £3,850
12 Lanadwell Street: local council reference 24523979006010, rateable value £12,250
The Old Cinema: £7,200

Services

It is understood that mains electricity water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

7 Middle Street: E (109)
9 Middle Street: D (97)
10 Lanadwell Street: B (47)
12 Lanadwell Street: B (34)
The Old Cinema: G (270)

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