Lot 40 Shop With Flat AboveAuction Date:
24th July 2025
16 Holly Terrace, Heamoor, Penzance, Cornwall, TR18 3EL
Currently part let at £8,925.12 per annum
A freehold mixed-use property in a popular residential area of Penzance with local amenities, and just a short distance from the town centre and seafront. The ground floor comprises a vacant former pharmacy whilst above is a self-contained one-bedroom flat with private access and garden space, which is currently let at £8,916 per annum.
Commercial
Ground Floor
Open-plan shop front, consulting room, back office and wash room.
Tenancy
Currently vacant.
EPC Rating
B (36). Total Floor Area 94 sq.m.
Residential
Ground Floor
Separate access.
First Floor
Kitchen, living room/dining room, bathroom and bedroom.
Outside
Gated garden space leading up to the entrance of the flat.
Tenancy
Currently let on an Assured Shorthold Tenancy Agreement at a current rental of £743.76 per calendar month.
EPC Rating D
Council Tax Band A
Auctioneer's Note
At the time of publication the Auctioneers have been unable to internally inspect the flat at the time of publication. These details have been provided by the Seller and 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.
Viewing
Access to the commercial premises only.
Freehold with Part 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
