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28 Penpol Ter

760 SF Retail Building Hayle TR27 4BQ £185,000 (£243/SF)

Investment Highlights

  • Excellent location within historic harbour town
  • On-street parking
  • Busy main road location
  • Grade II Listed double fronted shop

Executive Summary

The premises consist of a single-story, Grade II Listed building, currently operating as Hayle Emporium, an antiques and vintage retail shop, open 7 days a week.
The shop features a wide, full-width shopfront with a recessed entrance leading into a spacious sales area. Partitions create additional storage spaces, along with a raised sales and office area at the rear. The interior retains its original charm, with wood-panelled walls and ceilings.
The property is let on a lease expiring on 8th June 2028, inside the provisions of the Landlord and Tenant Act, and is being used as a retail shop trading as Hayle Emporium. The current rent is £1,150 per month, with an option to renew upon expiry. The tenant is responsible for all rates, taxes, utilities, and repairs. A copy of the lease is available upon request.

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
760 SF
Year Built
1970
Price
£185,000
Price Per SF
£243
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
0.13 AC
Frontage
34 ft on Penpol Terrace

Amenities

  • Storage Space
  • Listing ID: 33752307

  • Date on Market: 05/11/2024

  • Last Updated:

  • Address: 28 Penpol Ter, Hayle TR27 4BQ

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