Available

Tregenna Place

£385,000
Studio Beds

Key Features

  • Freehold Commercial Investment Property in the Heart of St Ives
  • Great Trading Location
  • Trading Area of approx 657 Sq Ft
  • First Floor Trading/Storage Aprox 691 Sq Ft
  • Owners Accommodation
  • Current Annual Income of 25,000pa

A rare opportunity to acquire an investment property in the heart of the bustling town of St Ives. This substantial property with stunning sea views to the rear is set over two floors with a ground floor trading area of approx 657 Square feet.
Early viewing is highly recommended.

Agents Note - Supplied services and appliances have not been tested by the agent. Prospective purchasers are advised.to make their own enquiries.

The Situation - St Ives, a beloved seaside resort in Cornwall, is renowned for its surf-friendly beaches like Porthmeor and its vibrant art scene. The Tate St Ives gallery, located along the seafront, hosts rotating exhibitions of modern art, with a focus on British artists. Nearby, the Barbara Hepworth Museum and Sculpture Garden, set in the modernist artist’s former studio, showcases her striking bronze sculptures and other works. Visitors can also take boat trips to Seal Island, just west of town, to observe the resident seal colony in its natural habitat. The nearby town of Penzance is within 8 miles and one of Britain’s best loved landmarks Lands End, famous for its unique location, natural beauty and stunning scenery is within 17 miles..

The Property - This substantial two storey building is located in the heart of St Ives. The ground floor trading area offering approximately 657 Sq Ft is split over two levels with changing room, storage area and WC . The upper floor is currently used for further storage offering approximately 691 Square Feet

The Lease - The property is let on a ten year full repairing and insuring lease and currently generates an annual income of £25,000. The lease is due to expire in November 2026 and is subject to a rent review.

Trading Area - Wooden effect flooring. Ceiling mounted light fitting. Range of power points. Shelving. Counter Area. Overhead Dimplex heater. Two steps to
7.88 x 4.49 (25'10" x 14'8")

Secondary Trading Area - Continuation of wooden effect flooring. Shelving. Ceiling lighting. Power points. Door to rear stock rooms.
3.85 x 2.89 (12'7" x 9'5")

Fitting Room - Ceiling lighting. Mirror to wall. Continuation of wooden effect flooring.

Rear Stockroom Area - Fluorescent strip lighting. Stairs to first floor accommodation. Door to storage.
4.11 x 2.65 including stairwell (13'5" x 8'8" incl

Ground floor Stock Room Two - Internal window to ground floor trading area. Ceiling mounted lighting. Wooden flooring. Door to WC
5.23 x1.67 (17'1" x5'5")

WC - Two steps. Low level WC with top flush. Wash hand basin with hot and cold mixer tap. Elson water heater. Ceiling mounted light fitting. Wooden flooring.

Stairs Rising to First Floor - Wooden hand rail. Double glazed window to the side elevation.

Store Room - Double glazed window to the side elevation. Range of power points. Inset ceiling lighting. Range of shelving. Door to
6.86 x 2.87 including stairwell (22'6" x 9'4" incl

Stock Room Two - Double glazed window to the rear with stunning views over St Ives Bay. Fluorescent strip lighting. Wooden flooring. Range of power points. Boiler. Shelving. Door to
8.86 x 4.76 including stairwell (29'0" x 15'7" inc

Kitchen - Stainless steel sink unit with hot and cold taps and drainer. Work surface with storage cupboard below. Wooden flooring. Inset ceiling mounted light fitting.
1.69 x 1.41 (5'6" x 4'7")

Owners Accommodation - To the top floor there is a two bedroom owners accommodation (currently vacant) with bathroom and large loft space. The accommodation offers fabulous envious views over St Ives Bay.

Services - Mains electric, water and drainage can be found at the property, however we have not verified any of the connections,

Council - Cornwall County Council, 39 Penwinnick Road, St Austell, PL25 5DR

Viewings - By appointment only through the Vendors agent
David Ball Commercial 01637 850850

Location

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