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Freehold Mixed Use Investment For Sale in Helston

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For Sale by Auction on 25th April 2024, Freehold Mixed Use Investment, 22 Coinage Hall Street, Helston, TR13 8EB

5,807 Sq Ft / Retail / Investment

Withdrawn - Last updated: 27 April 2024

For Sale by Auction on 25th April 2024

The property comprises a well located three storey building arranged as a substantial ground floor shop with first and second floor accommodation arranged as three self contained flats.  The flats have each been sold off on long leases.

Location

Helston is situated at the northern end of the Lizard Peninsula approximately 12 miles east of Penzance and 9 miles south-west of Falmouth along the A394 trunk road.

The property is situated within the town centre on the south siide of Coinage Hall Street, close to the junction with Meneage Street.  Nearby occupiers include J D Wetherspoon and Londis.

Accommodation

22 Coinage Hall Street:

Ground Floor Retail - 444.30 sq m (4,782 sq ft)

Ground Floor Office/Staff - 21.50 sq m (231 sq ft)

Ground Floor Store/WC's - 73.80 sq m (794 sq ft)

Flat 1 - First Floor - Residential

Flat 2 - First Floor - Residential

Flat 3 - Second Floor - Residential

Terms

Tenure - Freehold

Guide Price - £XXX

Specification

  • By order of the Joint LPA receivers
  • Freehold mixed use building
  • Ground floor retail vacant
  • Heads of Terms agreed for the retail unit at a rent of £XXX per annum (1)
  • Flats 1,2 & 3 each sold off on a separate long lease (2)
  • Part Vacant Investment

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