Lot 104 Large Commercial Building With Development PotentialAuction Date:
12th June 2024
Former Holland & Barrett Store, 3 Market Place, Penzance, Cornwall, TR18 2JA
A substantial attractive commercial building arranged over four floors now requiring improvement works throughout. The property is situated in a prominent trading location within the town centre with its most recent trading being Holland & Barrett and offers potential for a variety of schemes including mixed commercial/residential development, subject to all necessary consents being obtainable.
Ground Floor
Open plan large retail area with office and store beyond. Access to basement.
Basement
First Floor
Large open plan room with a further selection of store rooms.
Second Floor
Two store rooms.
Auctioneer's Note
At the time of publication the Auctioneers have not been able to internally inspect all the property. 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.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
