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15 High St 1,593 sq ft Vacant Retail Property St Ives TR26 1RT £390,000 (£244.82/sq ft)

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INVESTMENT HIGHLIGHTS

  • Attractive stone building with a rare private garden
  • Ground and part first floor vacant possession & upper floors on long leases and residential
  • Net internal area 148 sq m (1,593 sq ft)
  • Rare freehold opportunity
  • Sales area, offices, stores, staff & wcs
  • Highly visible prominent corner position

EXECUTIVE SUMMARY

Freehold with vacant possession. Subject to existing 2 long-leasehold tenancies on upper floors. Best and final offers are invited by noon 19 June 2025 in writing to SBC Property. Offers are preferred on an unconditional subject to contract basis. The vendor is seeking to accept a 10% deposit from a prospective purchaser for a period of exclusivity for a buyer to exchange and complete.
Initial asking price £390,000.
The premises comprise a ground floor commercial premises, formerly Barclays Bank, offering a ground floor sales area, air conditioning, three large display windows to the front, ancillary stores, strong rooms and office to the side and rear. Stairs lead to the first floor offering a staff room, WCs and plant room with a secondary exit route. The accommodation is suitable for a variety of occupiers within E planning class, to include retail, restaurant, café, gallery, offices, clinics, beauty, with alternative uses considered. The premises are available immediately with vacant possession. A well positioned commercial property ideally suited for a variety of occupiers, with a good sized ground floor sales area, store areas, staff facilities, and garage with possible development potential.
The property is located within St Ives town centre, occupying a prominent central position fronting High Street with high volumes of both pedestrian and vehicular traffic from Tregenna Place. St Ives is one of Cornwall’s most popular towns, with very high numbers of visitors throughout the year attracted to the town by its picturesque postcard harbour, its large safe sandy beaches, the town’s restaurants, bars and cafes, the multitude and diversity of holiday accommodation, coastal scenery and visitor attractions to include the Tate Gallery. Situated on the popular High Street area of St Ives, the property is in a prominent corner position on the junction of Tregenna Place. Nearby occupiers include Boots, Weird Fish, Tiki Surf, Trespass, St Austell Brewery’s Queens and many other commercial occupiers.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,593 sq ft
Costar Property Class
B
Year Built
1890
Price
£390,000
Price per sq ft
£244.82
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.52
Total Plot Size
0.07 ac
Frontage
38 ft on High St

AMENITIES

  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 1,173 sq ft
  • Retail
  • -
  • Now

Premises available on a new 12 year lease subject to 4 yearly reviews and 4 yearly Landlord and Tenant breaks, outside the Landlord and Tenant Act 1954 (no security of tenure) on proportional full repairing terms. Commencing rent of £25,000 per annum exclusive. Freehold may be available, price on application. The premises comprise a ground floor commercial premises, formerly Barclays Bank, offering a ground floor sales area, air conditioning, three large display windows to the front, ancillary stores, strong rooms and office to the side and rear. Stairs lead to the first floor offering a staff room, WCs and plant room with a secondary exit route. The accommodation is suitable for a variety of occupiers within E planning class, to include retail, restaurant, café, gallery, offices, clinics, beauty, with alternative uses considered. The premises are available immediately with vacant possession. A well positioned commercial property ideally suited for a variety of occupiers, with a good sized ground floor sales area, store areas and staff facilities.

Space Size Space Use Position Available
Ground 1,173 sq ft Retail - Now

Ground

Size
1,173 sq ft
Space Use
Retail
Position
-
Available
Now

Ground

Size 1,173 sq ft
Space Use Retail
Position -
Available Now

Premises available on a new 12 year lease subject to 4 yearly reviews and 4 yearly Landlord and Tenant breaks, outside the Landlord and Tenant Act 1954 (no security of tenure) on proportional full repairing terms. Commencing rent of £25,000 per annum exclusive. Freehold may be available, price on application. The premises comprise a ground floor commercial premises, formerly Barclays Bank, offering a ground floor sales area, air conditioning, three large display windows to the front, ancillary stores, strong rooms and office to the side and rear. Stairs lead to the first floor offering a staff room, WCs and plant room with a secondary exit route. The accommodation is suitable for a variety of occupiers within E planning class, to include retail, restaurant, café, gallery, offices, clinics, beauty, with alternative uses considered. The premises are available immediately with vacant possession. A well positioned commercial property ideally suited for a variety of occupiers, with a good sized ground floor sales area, store areas and staff facilities.

NEARBY MAJOR RETAILERS

Lounges
Co-op
Tesco Superstore
  • Listing ID: 34032228

  • Date on Market: 29/11/2024

  • Last Updated:

  • Address: 15 High St, St Ives TR26 1RT

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