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Commercial for sale / Freehold

£395,000 Offers Over

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Stafford House, 9-10 Market Street, St. Austell, Cornwall

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Overview

  • FOR SALE
  • INVESTMENT/DEVELOPMENT OPPORTUNITY
  • TWO FLATS & RETAIL/OFFICE PREMISES
  • TOTAL 2,569 SQ FT (238.6 SQ M)
  • POTENTIAL INCOME £21,788PA*
  • EPC’S E-F

A prominently located mixed use property comprising two flats and office/retail premises with generous window frontage overlooking the eastern end of St Austell’s High Street. The property is well suited to conversion to residential whether in whole or in part (Subject to consent).

C41866 LOCATION: 
St Austell is one of the towns in Cornwall with largest populations and
has been the subject of a major regeneration scheme. The property is
situated close to the Eastern end of Fore Street which is St Austell’s
main street. It is a short walk from the bus and railway station. The A30
trunk road providing quick access out of the County is less than 6 miles
to the North whilst the airport at Newquay is a drive of approximately 30
minutes. St Austell offers an excellent range of shopping, educational
and recreational facilities and, Truro, with its comprehensive range of
services and facilities, is approximately 14 miles to the West. 
PREMISES: 
Stafford House is a charming ‘art-deco’ style building which is currently
configured to provide two residential flats as well as offices for a property
consultancy business. The ground floor enjoys a large window frontage
overlooking Market Street with pedestrian accesses directly on to the
pavement. Both flats have their own independent access.  
DEVELOPMENT POTENTIAL: 
With some subtle reconfiguration (subject to the necessary consents)
the property offers scope for a variety of uses including converting the
existing offices to residential accommodation as well as retaining part for
commercial purposes. Commercial uses could include: office, retail,
café, take-away etc. A full reconfiguration of the property provides a
wider range of options. . 
SCHEDULE OF ACCOMMODATION: 
Commercial Element: Ground floor: 816 sq ft (75.8 sq m) First floor: 483 sq ft (44.9 sq m) Total: 1,299 sq ft (120.7 sq m) 1 Bedroom ground floor flat. 2 Bedroom first floor flat.
INVESTMENT:
Annual income: Flat 1 £7,524 per annum Flat 2 £6,264 per annum (Let Agreed, commencement TBC) *Office £8,000 per annum, please note this is open to negotiation with
the purchaser should both parties be agreeable to a short term letting. Total potential income £21,788 Per annum.
PURCHASERS PACK:Miller Commercial hold a pack of information which can be supplied via
request, this includes: Floor plans. Title plans and registers. Assured Shorthold Tenancy agreements for each flat. Electrical certificates for the flats.
LEGAL COSTS:Each party to bear their own costs on the basis of an unconditional sale.
LOCAL AUTHORITY:Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk 
LEGAL COSTS:Each party to bear their
VAT:We have been advised the property is not elected for VAT
**ENERGY PERFORMANCE CERTIFICATESOffice/retail premises: F141Flat 1: E50Flat 2: F32 – Please note that a new certificate for this flat is being commissioned.
C41866 CONTACT INFORMATION:
For further information or an appointment to view please contact either: Thomas Hewitt on 01872 247025 or via email th@millercommercial.co.uk or Will Duckworth on 01872 247034 or via email wd@millercommercial.co.uk
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39

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Thomas Hewitt Commercial Agency Surveyor View Profile

Call: 01872 247025
Email: th@miller-commercial.co.uk

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