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Prominent Grade II Commercial Property In Penzance For Sale

Penzance, Cornwall, UK
Asking Price:
£250,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

A rare opportunity to acquire a well-presented and highly visible Grade II Listed commercial property in the heart of Penzance town centre. Positioned within a prime retail and commercial pitch, this versatile freehold building benefits from strong footfall and excellent frontage, making it ideal for retail, office, or mixed-use operations.

The property is arranged over three floors, featuring a bright and open-plan ground floor retail space with attractive double aspect frontage, maximising display potential and natural light. The upper floors provide flexible office accommodation and storage, offering multiple rooms suitable for professional services, creative businesses, or continued retail support use.

Located in Market Place, Penzance’s established commercial hub, the property is surrounded by a mix of national and independent retailers, cafés, and service providers. The town benefits from strong transport links, including the A30 and direct rail services to Truro, Plymouth, and London Paddington, ensuring consistent local and visitor trade.

There is significant potential to enhance or reconfigure the upper floors for alternative commercial uses, subject to planning consent. The layout lends itself to owner-occupiers or investors seeking a central, character-filled property with long-term growth potential.

Support and training can be discussed as part of the transaction where required. Enquire now to secure a prime freehold opportunity in a sought-after Cornish location.

Property Information

Property:

Leasehold

Lease Terms:

Rent: £20,000 + insurance, business rates and utilities. Fully repairing & insuring. Term: to be agreed, but 5 + years sought by the client.

Location:

Situated in a prime and highly visible position in the heart of Penzance town centre, this property occupies a sought-after spot within the established retail and commercial hub of Market Place. The location benefits from strong daily footfall and excellent accessibility, surrounded by a vibrant mix of national retailers, independent shops, cafés, and professional services. As the principal commercial centre for West Cornwall, Penzance attracts both local customers and visitors, further enhanced by strong transport links via the A30 and direct mainline rail services to Truro, Plymouth, and London Paddington, making it an ideal base for a wide range of businesses.

Premises Details:

Grade II Listed building arranged over ground and two upper floors with double aspect frontage. Ground floor retail unit with excellent window display; upper floors comprise multiple offices, storage rooms, and kitchen facilities.

Size in square feet:
1,556 sq. ft.
Planning Consent:

Use Class E (Commercial, Business & Service)

Business Operation

Expansion Potential:

Potential to reconfigure internal layout or adapt upper floors for alternative commercial or mixed-use purposes (subject to planning).

Competition / Market:

Situated within a busy retail area with a strong mix of established businesses, benefiting from consistent footfall and a vibrant commercial environment.

Reasons for selling:

Property available as part of portfolio disposal / investment opportunity.

Trading hours:

Flexible depending on business use.

Other Information

Support & training:

To be agreed if required.