35 Market Street Falmouth Cornwall TR11 3AR

  • 35 Market Street<br>Falmouth<br>Cornwall<br>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

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.

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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Hamlins LLP 1 Kingsway
London
WC2B 6AN
John Leasure +44 (0) 20 7355 6073john.leasure@hamlins.com

Useful Links

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

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