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Substantial Period Property A Possible Redevelopment Project In St Just For Sale

St Just, Cornwall, UK
Asking Price:
£295,000
Turnover:
Available on request
Net Profit:
Available on request

A rare opportunity to acquire a substantial period property in the heart of one of West Cornwall's most historic towns. The property is currently used as a HMO with 12 rooms. We are advised the Council has served Notice that 6 of the aforementioned rooms fall below the newly implemented size regulations. The property may therefore be suited to a variety of other uses subject to planning.

Circa 2,500 sq ft
Viewing highly recommended
EPC: E121

Property Information

Property:

Leasehold

Living Accommodation:

Arica House is laid out over 3 floors and comprises 12 rooms with the majority being let on Assured Shorthold Tenancies.

As previously alluded to 6 of the rooms currently fall below the legislation for properties of this nature owing to their size and it is felt that the property may now be suitable for alternate use / redevelopment.

Location:

St Just is a town situated in Penwith close to Lands End. The town has long been associated with the county's mining heritage with a number of the former miners and fisherman's cottages now being used as holiday homes. Despite this the village remains vibrant year round with the property overlooking the town's main Square whereupon can be found Public Houses, bakeries, Convenience Stores etc.

Energy Performance Rating:
E

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