Lot 25 - COMMERCIAL PROPERTY WITH POTENTIAL

Sold £40,000

Situated on the outskirts of Penzance town centre with easy access to the A30 is this ground floor commercial unit most recently being used for office space. The property offers a multitude of options going forward, with potential for different commercial uses, or some may see potential for conversion into residential, all of which subject to all necessary consents being obtainable.

Ground Floor

Entrance lobby, two offices, W.C. and kitchenette with rear access.

Lower Ground Floor

Basement accessed via external steps.

Auctioneers Note

At the time of publication the Auctioneers have been unable to internally inspect the basement. Interested applicants should rely on their own investigations to verify the information provided.

Local Planning Authority

Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk.

Tenure

To be sold under the terms of a new 125-year lease. Further details will be available within the legal documentation which can be downloaded from the Clive Emson Website.

Leasehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/

COMMERCIAL PROPERTY WITH POTENTIAL