Overview

FREEHOLD FOR SALE DEVELOPMENT OPPORTUNITY

The subject property comprises two adjoining and inter-linked buildings with accommodation arranged over basement, ground, first and second floors. The property provides sales areas on the ground floor, and with further ancillary staff/storage areas on the basement and first floors. Part of the property, formerly a bank, has a period façade, and has split levels to the rear. The property is available as 44/46 Market Street but may be split to form two separate units. There is potential for a residential conversion on the upper floors, subject to planning consent being granted. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £132,000.00 and the rates payable are £65,076.00 pa. The UBR for 2018/2019 is 49.30p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Falmouth is located on the south coast of Cornwall and is home to the third deepest natural harbour in the world. The town is located approximately 12 miles south of Truro, 25 miles south west of St Austell and 296 miles from Central London. Newquay Airport is approximately 30 miles away. Communications are strong with the A39 and A390 providing easy access to Truro and Plymouth. The A390 provides access to the A38 which links directly into the M5 and national motorway network. There are direct trains from London Paddington to Truro with a link to Falmouth taking approximately 21 minutes. Occupiers in the vicinity include Boots, Wilkos, Superdrug, EE, Café Nero, WH Smith, Holland & Barrett and The Works.

Sizes and Measurements

Total Size

30,341sqft

Sales Area

13,714sqft

Sales Width

93 ft 6 in

Shop Depth

146 ft 8.4 in

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

13,714sqft

Status

Available

Available from

Now

Basement

Details

Non-Sales

Size

11,180sqft

Status

Available

Available from

Immediately

First

Details

Non-Sales

Size

4,555sqft

Status

Available

Available from

Immediately

Second

Details

Non-Sales

Size

892sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease type

Freehold

For sale

£2,500,000

UBR

49.3p

Ratable Value

£132,000.00

Business Rates

£65,076/pa

Specification

  • Harbour view
  • Freehold available
  • Residential Development Opportunity

Floorplan

FALMOUTH 44-46 MARKET ST

Photos

FALMOUTH PHOTO

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