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Café For Sale Lower Market St, Penryn, TR10 8BG

  • Size:
    Undisclosed
  • Usage:
    A3, A5
  • Sale Type:
    For Sale
  • Rental Income:
    N/A
  • Property Type:
    Cafés
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    No
  • Tenanted:
    No
  • Energy Rating:
    G

A mixed investment opportunity comprising a ground floor café with 4 bedroomed living accommodation above located in central Penryn close to the University Campus. The upper parts have been let as student accommodation; the Ground floor café is let under a 10 year lease from July 2016. The students have committed to take the premises for the 2021-22 academic year. The which is Grade II Listed dates back to the 17th Century includes many period features and was substantially refurbished in 2015 and reconfigured to its current layout.r

* Mixed Investment Opportunity
* Gound Floor Cafe With Residential Above
* Epc - Ground - Band C (71) - Uppers E (45).r

DESCRIPTION:
The subject premises have been comprehensively refurbished and comprise a ground floor café with maisonette above which is configured to provide 4 letting rooms with communal lounge and kitchen together with lower ground floor utility room.
CAFE PREMISES:
(all areas and dimensions are approximate)
GROUND FLOOR
Cafe - Seating Area 18.0 sq.m (194 sq.ft)
Kitchen - 12.4 sq.m (133 sq.ft)
WC
Separate access to Living Accommodation
LIVING ACCOMMODATION:
FIRST FLOOR

Open Plan Living Room/Lounge 24.8 sq.m (267 sq.ft)
Shower Room 1 with WC and wash basin
Shower Room 2 with WC and wash basin

SECOND FLOOR

Bedroom 1 13.2 sq.m (142 sq.ft)
Bedroom 2 9.6 sq.m (103 sq.ft)
Bedroom 3 8.6 sq.m (93 sq.ft)

ATTIC

Bedroom 4 13.2 Sq.m (142 sq.ft) with en-suite shower & WC.

LOWER GROUND FLOOR

Utility/Laundry Room
TENURE:
The premises are available on a freehold basis subject to and with the benefit of the ground floor lease which is for a term of 10 years at a passing rental of £9
LOCAL AUTHORITY:
Cornwall Council
General Enquiries -------------
Planning -------------
---.--------.---.--
SERVICES:
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: ------
South West Water: ------
Transco: ------ENERGY PERFORMANCE CERTIFICATE:
The ground floor has a C (71) Rating which runs until 24th February 2030. The Maisonette has an E (45) Rating and is valid until 07th January 2031
VALUE ADDED TAX:
All the above prices/rentals are quoted exclusive of VAT
CONTACT DETAILS:
For further information or an appointment to view please contact either:-
Mike Nightingale on ------or via email [email protected] or
Will Duckworth on ------or via email [email protected]

VIEWING: Strictly by prior appointment through Miller Commercial.
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

The premises are situated within the historic town of Penryn approximately 2 miles from the harbourside town of Falmouth. Penryn is home to the Tremough Campus which forms part of Falmouth University and acts as a service centre for the students and local population.
Penryn offers a range of facilities and amenities including a Doctors Surgery

 

Contact Miller Commercial

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