35 Market Street Falmouth Cornwall TR11 3AR

35 Market Street
Falmouth
Cornwall
TR11 3AR

Freehold Retail and Development Opportunity

Substantial five-storey building totalling 4,385 sq ft
Harbour views to the rear
Separately accessed upper floors with Development/Change of Use potential (subject to consents)
Potential to convert uppers to Residential, HMO, Holiday Lets
Popular Cornish seaside and University town
Nearby occupiers include Tesco Express, Boots the Chemist, Superdrug, WHSmith, Caffe Nero and Poundland

Lot
20
Auction
15th February 2024
Vacant Possession
Status
Sold Prior
Price
Auction Venue
Live Streamed Auction

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Freehold Retail and Development Opportunity

Substantial five-storey building totalling 4,385 sq ft
Harbour views to the rear
Separately accessed upper floors with Development/Change of Use potential (subject to consents)
Potential to convert uppers to Residential, HMO, Holiday Lets
Popular Cornish seaside and University town
Nearby occupiers include Tesco Express, Boots the Chemist, Superdrug, WHSmith, Caffe Nero and Poundland

Lot 20
Auction 15th February 2024
Vacant Possession
Status Sold Prior
Price
Sector
High Street Retail, Residential, Development
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 11 miles south-west of Truro, 18 miles south of Newquay, 26 miles east of Penzance
Roads: A39, A394, A393
Rail: Falmouth Town Railway Station
Air: Cornwall Airport Newquay

Situation

Falmouth is a popular seaside town in Cornwall, approximately 11 miles south of Truro. The property is situated in Falmouth's prime retailing pitch on the north side of the busy Market Street. Nearby occupiers include Tesco Express, Boots the Chemist, Superdrug, WHSmith, Caffe Nero and Poundland.

Tenure

Freehold.

Location

Miles: 11 miles south-west of Truro, 18 miles south of Newquay, 26 miles east of Penzance
Roads: A39, A394, A393
Rail: Falmouth Town Railway Station
Air: Cornwall Airport Newquay

Situation

Tenure

Freehold.

Description

The property comprises a vacant shop on ground and lower ground floors with separately accessed first, second and third floors, which are also vacant

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises a vacant shop on ground and lower ground floors with separately accessed first, second and third floors, which are also vacant

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas (Approx sq ft) (1)	Tenant
Ground Lower Ground First Second/Third	Retail/Ancillary Ancillary Offices/Ancillary Residential - 4 rooms, living room, kitchen & bathroom	113.81 51.84 61.78 180.00	(1,225) (558) (665) (1,937)	VACANT
Total		407.43	(4,385)

(1) Second/third floor areas have been provided by the EPC register (www.gov.uk/find-energy-certificate).

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.