Terraced house for sale in 75 & 75A Market Jew Street, Penzance, Cornwall TR18

An interesting opportunity to acquire a sizeable freehold town centre premises, currently arranged as a self contained ground and basement level retail unit, currently let to long established tenants until 2027 and generating an income of £8,000 per annum, along with a vacant upper floors three bedroom maisonette for refurbishment, with useful attic rooms and a small garden area. The property is situated in a prominent trading position in close proximity of the seafront, Promenade and mainline railway station in the heart of Penzance town centre, with the potential for sub-division of the maisonette to create two one bedroom flats, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of Cornwall Council planning department.

Situated
Market Jew Street forms the main retail area of Penzance town centre and is set in proximity of the seafront, Promenade, car parks and the mainline railway station. This thriving seaside town offers a wide variety of shopping, educational and leisure facilities catering for all age groups, a heliport and ferry crossing to the Isles of Scilly, along with excellent access to the A30.

75 Market Jew Street
Ground floor retail area with basement storage accessed from the main retail area, giving a total combined area of circa 61.2 square metres and having a voa rating of £6,500.

75a Market Jew Street - Ground Floor
Communal entrance hall with doors to the rear alleyway, the neighbouring property and 75a.

First Floor
Landing with stairs leading to the second floor, kitchen, sitting room and bedroom three.

Second Floor
Landing with stairs leading to the loft rooms, two bedrooms, bathroom and separate WC

Loft Rooms
Main loft room with velux window, second loft room.

Outside
The shared rear alleyway gives access to a small garden area a short distance from the property.

Viewings
Strictly by prior appointment with Miller Countrywide Penzance . General enquiries Countrywide Property Auctions .

EPC Ratings

75 - E
75A - G

Voa/Council Tax Band

75 - voa Rating £6,500

75A - B

Get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.