Royal Institution of Chartered Surveyors

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Penryn

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FREEHOLD OFFICE BUILDING, SUITABLE FOR OFFICE/DESIGN STUDIO - 3 CHURCH ROAD, PENRYN

FREEHOLD OFFICE BUILDING, SUITABLE FOR OFFICE/DESIGN STUDIO - 3 CHURCH ROAD, PENRYN
185,000 sought for the freehold interest

Ref: 2257
  

Two storey detached office building facing onto Church Road. suitable for office/design studio. Potential for showroom use subject to consent.

LOCATION:
Penryn is located on the south coast of Cornwall at the head of the Penryn River and adjacent to the town of Falmouth. Penryn lies some 10 miles south west of Truro and has a resident population of approximately 7,093 persons (2011 census). The town has recently benefited from the development of the main hub site for the Combined Universities of Cornwall at Tremough on the western outskirts of the town. This has considerably increased the resident population during the academic year which, in turn, has prompted a number of new residential schemes to take place. Penryn is therefore undergoing somewhat of a transformation and is becoming an increasingly popular place to live.

SITUATION:
The subject property faces onto Church Road. The surrounding area is a mixture of commercial and residential use with showrooms, workshops and offices facing onto Church Road and Commercial Road with several terraces of cottages situated to the rear.

DESCRIPTION:
The property comprises a two storey detached office building within a secure walled site surfaced with tarmac and amounting to approximately 266m. A two storey store exists to the rear of the site which has been opened up on the ground floor to provide covered parking. The main building was originally built as a private dwelling but was occupied as a public house for many years prior to its conversion to offices in 1983.

ACCOMMODATION: (All dimensions and areas are approximate)

Site Area 0.0266 hectare

Main Building
Ground floor 58.27m gross internal
First floor 58.27m gross internal

Store
First Floor 30.84m gross internal

RATES
Rateable Value of 9,700 (2017 list)

Qualifying occupier would be entitled to a significant level of small business relief. Cornwall Council are the charging authority and enquires regarding rates payable should be made to them. Tel 0300 1234 171.

TERMS:
185,000 is sought for the freehold interest.

VAT:
We understand that the property is not registered for VAT.

VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Stuart Sly or Jo Counter.

ENERGY EFFICIENCY RATING - 101

Certificate Reference Number: 9683-3091-0065-0000-1195
Report Reference Number: 0160-0046-8059-3991-1006


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www.charterwood.com
17a River Street - Truro - Cornwall - UK - TR1 2SQ
Tel: 01872 261216
Fax: 01872 261359


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