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69A Market Jew St 3,953 SF 100% Leased Office Building Penzance TR18 2LJ $941,273 CAD ($238.12 CAD/SF)
Investment Highlights
- Freehold office investment with residential conversion consent
- Large gated rear compound providing valuable external space and parking
- Prior approval granted under PA25/09299 for four one-bedroom apartments
Executive Summary
Freehold town centre development opportunity comprising a two-storey office building extending to approximately 4,492 sq ft on a site of approximately 0.20 acres. The property benefits from a generous gated compound/car park and has prior approval consent under application reference PA25/09299 for conversion into four one-bedroom residential apartments. The property remains occupied by Alliance Automotive UKLV Ltd under a lease and offers potential for more extensive redevelopment subject to planning consent.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Subtype
Office/Residential
Building Size
3,953 SF
Building Class
B
Year Built
1980
Price
$941,273 CAD
Price Per SF
$238.12 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,977 SF
Building FAR
0.43
Lot Size
0.21 AC
Parking
3 Spaces (0.76 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Smoke Detector
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69A Market Jew St
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