Residential Property For Sale The Old Dairy, Penzance, TR20 8QP

A rare opportunity to acquire the freehold interest in a mixed use investment opportunity. The property comprises 6,410 sq ft (596 sq m) of industrial space and a residential property providing 2 x 2 bedroom flats and established gardens. Sancreed is located in a pleasant rural position convenient for the popular St Just, Lands End, Porthcurno cove & beach; approximately 3 miles west of Penzance and just 7 miles from Lands End, the most westerly tip of the mainland. The A30, Cornwall's main arterial route, can be found approximately 1.6 miles away. Truro which is Cornwall's Cathedral city and administrative centre is approximately 32 miles distant.r

* For Sale
* Investment Opportunity
* 10 X Industrial Units
* 2 X Residential Flats
* Not Elected For Vat
* Passing Rent £42,467pa
* Residential Epcs Within Band Cr

SITUATION:
Sancreed is located in a predominantly rural location; the industrial estate is a former Dairy that was sympathetically converted approximately 25 years ago to provide industrial space
DESCRIPTION:
This property is likely to appeal to those seeking to hold an investment within a SIPP (industrial element only).
Cornwall has a burgeoning tourist industry and long term this could present the opportunity for conversion to either residential or holiday letting accommodation subject to the necessary consents.
LEASE TERMS & SCHEDULE OF ACCOMMODATION:
The estate comprises a mixture of predominantly local tenants.
Residential income: £11
TENURE:
Freehold
PROPOSAL:
We are instructed to seek offers in excess of £400
EPC:
Residential
Flat 1 C79
Flat 2 C78

Industrial
It is our understanding that the industrial units are exempt from requiring energy performance certificates.
VAT:
Please note this property is not registered for VAT.
FURTHER INFORMATION:
For further information or an appointment to view please contact
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold