Lot 86: FREEHOLD RESIDENTIAL & COMMERCIAL OPPORTUNITY

Guide Price £75,000 – £100,000 * + Fees
3 Barbican Parade, Barbican Road, Looe, Cornwall. PL13 1EZ

On the instructions of the Receivers

Viewing by arrangement with Clive Emson Auctioneers

01392 366555

Graham Barton/Audrey Smith

A former post office and convenience store with an independent first floor flat above, located in a popular six-unit neighbourhood commercial centre within an established residential area.

The property is likely to appeal to both career and occasional investors as well as owner occupiers, not forgetting those who might sell the two components individually or hold one or the other.

Commercial

Ground Floor

Large retail trading area, former post office secure store, preparation room, cold store and cloakroom.

Residential

First Floor

Stairs up from rear to landing and office/store, front door to entrance hall, kitchen, living/dining room, bedroom and bathroom.

Second Floor

Two attic rooms.

Outside

A passageway to the side leading to a sizeable enclosed rear garden. These is also a garage and on-drive parking.

Auctioneer’s Note

For information relating to the commercial element’s rateable value and other available data go to www.gov.uk/correct-your-business-rates and enter the postcode for the property into the appropriate search field.

Tenancy

The residential element is let by way of an Assured Shorthold Tenancy Agreement with the tenants holding over, the original rent being £450 per calendar month excluding bills which was commuted to just bills by the landlord last year following closure of the retail unit.

Residential EPC: TBC
Commercial EPC: TBC

Map

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