Sterling Court, 20 Truro Hill, Penryn TR10 8DB – Penryn
Office for sale
£600,000 8,669 sq ft Space for 80 people (est)
VERSATILE COMMERCIAL PREMISES WITH RESIDENTIAL PLANNING CONSENT.
• 805.4 SQ.M (8669 SQ.FT) OFFICES WITH MIN. 15 PARKING SPACES
• CONSENT FOR CONVERSION TO 9 FLATS/28 BEDROOMS
• AVAILABLE LEASEHOLD OR FREEHOLD
• ENERGY PERFORMANCE ASSET RATING - D(77)
A substantial property located in an elevated position at the junction of The Praze and Truro Hill on the outskirts of Penryn, Falmouth. Historically an industrial unit, the premises are currently configured as offices and benefit from planning consent for conversion to 9 residential units/28 bedrooms. The premises are available either on a leasehold or freehold basis.
The town of Penryn is a market town and port, situated at the head of the estuary of the Penryn River. It is situated approximately 2.5 miles from Falmouth Town Centre and 8.3 miles from the Cathedral City of Truro which is the administrative centre for the county. The town includes a rail station which connects with the mainline at Truro and is situated 8.1 miles from the A30 Trunk Road which is the spinal route through Cornwall and connects with the national motorway network at Exeter. Newquay Airport is 27 miles away.
Sterling Court is situated on the outskirts of the town centre, fronting The Praze which is a busy road connecting Falmouth, Mylor and Flushing. The building is situated within an elevated position on a site of 0.64 ace (0.259 ha) at the junction with Truro Hill.
A former industrial building which was converted into office accommodation approximately 20 years ago and provides two storey offices at the front; overlooking the highway with accommodation behind including many features of its industrial/factory heritage such as high level, north light windows in part of the accommodation. The premises include a minimum of 15 on-site parking spaces.
The premises have consent for B1 (a) - offices however planning consent also exists for the conversion of the premises to create 9 residential units including 28 bedrooms (See - Notification of Prior Approval PA17/05032) - http://planning.cornwall.gov.uk/online-applications.
The premises are available either on a freehold basis where offers in excess of £600,000 plus VAT will be considered or by way of a new full repairing and insuring lease at an annual rental of £55,000 plus VAT. The remaining terms will be open to negotiation. Leases of part of the accommodation will be given consideration.
This office for sale is located in Penryn.