Development Sites for sale in Falmouth

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Substantial Four Storey Commercial Premises in Falmouth

Falmouth, Cornwall, England

  • Freehold Price: £425,000
  • Leasehold Price: £20,000
Seller Reference: B41644
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Business Description
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Seller Reference: B41644
Request Details
Business Description
Town centre location
Planning Consent for two shops and five flats
Available on a freehold or leasehold basis
Selection of equipment to be included in price
EPC: C53
Location Details:
The property is situated in the heart of the cosmopolitan town of Falmouth which has a resident population of circa 22,000 that is boosted during the term time by the several thousand students who study at the town's rapidly expanding University. Falmouth is also a popular year round tourist destination owing to its large natural harbour which plays host to regular maritime events with the town attracting cruise ships throughout the summer season.
Leasehold Term:
The property is available on either a freehold basis at a guide price of £425,000 or on a leasehold basis at a commencing rental of £20,000 per annum by way of an new FRI lease for an initial term of 6 years with all other terms to be agreed.
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