28/30 Fore Street St Austell Cornwall PL25 5EP

  • 28/30 Fore Street<br>St Austell<br>Cornwall<br>PL25 5EP

28/30 Fore Street
St Austell
Cornwall
PL25 5EP

Freehold Shop and Ground Rent Opportunity

  • Comprises a vacant shop with five flats above sold off on a long lease
  • Prime town Centre location in popular tourist destination
  • Close to the White River Place Shopping Centre with other nearby retailers including Boots the Chemist, Poundland, JD Wetherspoon and Sports Direct
  • Lot
    47
  • Auction
    22nd September 2022
  • Vacant Possession
  • Status
    Sold
  • Price
    £68,000
  • Auction Venue
    Live Streamed Auction
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Freehold Shop and Ground Rent Opportunity

  • Comprises a vacant shop with five flats above sold off on a long lease
  • Prime town Centre location in popular tourist destination
  • Close to the White River Place Shopping Centre with other nearby retailers including Boots the Chemist, Poundland, JD Wetherspoon and Sports Direct
  • Lot 47
  • Auction 22nd September 2022
  • Vacant Possession
  • Status Sold
  • Price £68,000
  • Sector
    High Street Retail, Residential
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
13 miles north-east of Truro, 39 miles west of Plymouth, 74 miles south-west of Exeter
Roads
A30, A39, A390,
Rail
St Austell Railway Station
Air
Newquay Airport
Situation

St Austell is a busy town 13 miles north-east of Truro. The town is an attractive tourist destination, with the world famous Eden Project located only 3 miles to the north-east of the town centre. The property occupies a prominent position on the prime pedestrianised Fore Street, close to the White River Place Shopping Centre. Other nearby retailers include Boots the Chemist, Poundland, JD Wetherspoon and Sports Direct.

Tenure

Freehold.

Location
Miles
13 miles north-east of Truro, 39 miles west of Plymouth, 74 miles south-west of Exeter
Roads
A30, A39, A390,
Rail
St Austell Railway Station
Air
Newquay Airport
Situation

St Austell is a busy town 13 miles north-east of Truro. The town is an attractive tourist destination, with the world famous Eden Project located only 3 miles to the north-east of the town centre. The property occupies a prominent position on the prime pedestrianised Fore Street, close to the White River Place Shopping Centre. Other nearby retailers include Boots the Chemist, Poundland, JD Wetherspoon and Sports Direct.

Tenure

Freehold.

Description

The property comprises a ground floor shop with five separately accessed flats above let on a single long lease.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor shop with five separately accessed flats above let on a single long lease.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

Six week completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term
Ground Retail/Ancillary
149.90
(1,614)
VACANT -
First, Second & Third Residential - 5 flats
-
-
RED CORNWALL LIMITED 125 years from 02/07/2014
Total Commercial Area  
149.90
(1,614)
   

(1) www.gov.uk/find-business-rates (voa)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Associate AuctioneersTom Blake +44 (0)1579 342 400thomasblake@jefferys.uk.com
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk  Hannah Smith +44 (0)20 3745 2682hannah.s@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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