A double fronted office situated in an area which contains a majority of residential property. The building is divided into three: The Office at the front of the Ground Floor, a flat behind The Office which occupies the rest of the ground floor and a second flat on the first floor. We are selling The Office and the Freehold of the whole building.
The terms of the lease are 999 years from 2014. The ground rent is £10. There are no annual service charge other than 1/3 share of the annual insurance. Total insurance £349.62 for year ending November 2020 (£116.54 per unit)
The Office comprises of a kitchen area, a separate WC and basement storage area (accessed by ladder). The property has been successfully let with an income of £260 pcm. Prior to this it was a taxi rank.
Services: Electric, water and drainage
The ancient market town of Penzance has a comprehensive range of facilities including shopping facilities, hospital, primary and secondary schools and a college. This coastal town offers a sea link to the Isles of Scilly. Further leisure facilities are dotted around the town with bowling greens, tennis courts and wonderful parks close to the seafront and beach. From Penzance, the train and bus station provide services to the rest of the country.
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