PENZANCE 113 MARKET JEW STREET, TR18 2RB
PENZANCE 113 MARKET JEW STREET, TR18 2RB FREEHOLD FOR SALE SIGNIFICANT TOWN CENTRE SITE LOCATION
The property is located in Penzance which is well known for being the most westerly major town in Cornwall and a tourist destination. The property is located on Market Jew Street with a return frontage to Jennings Street. Nearby occupiers include Millets, Barclays, Warrens Baker, JD Wetherspoon, Poundland, Boots and H Samuel.
DEVELOPMENT
The property is suitable for refurbishment and or further development to further selfcontain the residential upper parts.
PLANNING
The property is within a conservation area, but is not listed. It is understood that subject to planning the property could be suitable for A1, A2, A3, A4, A5, D2 and B1 uses, as well as self-contained residential uses on the upper floors. The upper floors are part converted into 4 x 2 bedroom residential flats, although any incoming party would need to confirm the lawful use.
ACCOMMODATION
The property is of brick construction with decorative stonework to the façade. The property was recently occupied by the Post Office and comprises a front retail area with a floor to ceiling height of over 4.5m and back office areas to the mezzanine floor which over looks the ground floor retail area. There is a further basement, used as storage, boiler room and staff WCs and a further sub basement. The two upper floors of the property comprise 4 residential flats which have historically been let as holiday lets. The current access to the upper parts is through the retail area and it is assumed that an incoming developer would reconfigure this space to allow for direct access which we believe possible due to the existing side entrance to the property. There are 3 parking spaces to the rear.
AREAS
The unit comprises the following approximate floor areas:Ground Floor Mezannine First / Second Floors Basement storage Total
2,380 sq ft 803 sq ft 4 x 2 bed flats 965 sq ft 4148 sq ft
221.1 sq m 74.65 sq m 89.65 sq m 385.35 sq m
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Site Area
0.08 acres
0.03 ha
TENURE
The property is held freehold.
LEASEHOLD
A new lease of the property or part of the property will be considered.
TERMS / OFFERS
On application with the sole agents, contact details below.
RATES
We understand that the current Rateable Value (2017) of the property is £42,000. We recommend that parties make their own enquiries.
LEGAL COSTS
Each party to be responsible for their own legal costs.
VIEWING
Further information is available, as well as arrangements for viewing, which will be strictly by arrangement and on set dates, through: Beth Brading Tel: 020 7338 4362 Email: [email protected] BNP Paribas Real Estate, 5 Aldermanbury Square, London, EC2V 5 BP SUBJECT TO CONTRACT
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
The property is located in Penzance which is well known for being the most westerly major town in Cornwall and a tourist destination. The property is located on Market Jew Street with a return frontage to Jennings Street. Nearby occupiers include Millets, Barclays, Warrens Baker, JD Wetherspoon, Poundland, Boots and H Samuel.
DEVELOPMENT
The property is suitable for refurbishment and or further development to further selfcontain the residential upper parts.
PLANNING
The property is within a conservation area, but is not listed. It is understood that subject to planning the property could be suitable for A1, A2, A3, A4, A5, D2 and B1 uses, as well as self-contained residential uses on the upper floors. The upper floors are part converted into 4 x 2 bedroom residential flats, although any incoming party would need to confirm the lawful use.
ACCOMMODATION
The property is of brick construction with decorative stonework to the façade. The property was recently occupied by the Post Office and comprises a front retail area with a floor to ceiling height of over 4.5m and back office areas to the mezzanine floor which over looks the ground floor retail area. There is a further basement, used as storage, boiler room and staff WCs and a further sub basement. The two upper floors of the property comprise 4 residential flats which have historically been let as holiday lets. The current access to the upper parts is through the retail area and it is assumed that an incoming developer would reconfigure this space to allow for direct access which we believe possible due to the existing side entrance to the property. There are 3 parking spaces to the rear.
AREAS
The unit comprises the following approximate floor areas:Ground Floor Mezannine First / Second Floors Basement storage Total
2,380 sq ft 803 sq ft 4 x 2 bed flats 965 sq ft 4148 sq ft
221.1 sq m 74.65 sq m 89.65 sq m 385.35 sq m
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Site Area
0.08 acres
0.03 ha
TENURE
The property is held freehold.
LEASEHOLD
A new lease of the property or part of the property will be considered.
TERMS / OFFERS
On application with the sole agents, contact details below.
RATES
We understand that the current Rateable Value (2017) of the property is £42,000. We recommend that parties make their own enquiries.
LEGAL COSTS
Each party to be responsible for their own legal costs.
VIEWING
Further information is available, as well as arrangements for viewing, which will be strictly by arrangement and on set dates, through: Beth Brading Tel: 020 7338 4362 Email: [email protected] BNP Paribas Real Estate, 5 Aldermanbury Square, London, EC2V 5 BP SUBJECT TO CONTRACT
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
Misrepresentation Act 1967: BNP Paribas Real Estate Advisory & Property Management UK Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither BNP Paribas Real Estate Advisory & Property Management UK Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Finance Act 2013: Unless otherwise stated all prices and rents are quote exclusive of VAT. The Business Protection from Misleading Marketing Regulations 2008: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. January 2016.
BNP Paribas Real Estate Head office, 5 Aldermanbury Square, London EC2V 7BP Tel: +44 (0) 20 7338 4000 Fax: +44 (0) 20 7430 2628
