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24 New Bridge St 1,473 sq ft Retail Property Truro TR1 2AA £250,000 (£169.72/sq ft)



INVESTMENT HIGHLIGHTS
- Mid-terraced building is arranged on two floors
- Suitable as an investment or owner occupation
- Potential for residential conversion of the first floor, subject to consent
- Large traditional shop front with a central glazed entrance door
EXECUTIVE SUMMARY
Ground floor shop with first floor staff/storage suitable as an investment or owner occupation. Potential for residential conversion of the first floor, subject to consent. Offers in the region of £250,000 are sought for the freehold interest.
The mid-terraced building is arranged on two floors and has traded for a number of years as a ladies boutique and before that as an antique shop. The ground floor has a large traditional shop front with a central glazed entrance door leading to an open plan sales area with fitting room, storage, kitchenette and staff toilet. A staircase leads to the first floor which comprises an open plan area suitable for storage or staff accommodation, but with potential for conversion to a self-contained residential flat subject to consent.
The property occupies a popular secondary trading location in New Bridge Street close to the junction with Duke Street and St Mary’s Street. The area is occupied by a mix of local independent businesses with nearby occupiers including Warrens Bakery, Duke Street Delicatessen, Martin & Co Letting Agents, Standen Opticians and Zafiros Bar and Restaurant. Local authority parking is in close proximity.
Truro is well established as the principal retail centre for the County of Cornwall and provides some of the most attractive and comprehensive shopping in the south-west. In addition, the Cathedral City is the administrative centre for the county with public sector occupiers including Cornwall Council and the combined Crown and County Courts. The city has a resident population of approximately 23,000 persons but has an estimated catchment population of 265,000 persons.
The mid-terraced building is arranged on two floors and has traded for a number of years as a ladies boutique and before that as an antique shop. The ground floor has a large traditional shop front with a central glazed entrance door leading to an open plan sales area with fitting room, storage, kitchenette and staff toilet. A staircase leads to the first floor which comprises an open plan area suitable for storage or staff accommodation, but with potential for conversion to a self-contained residential flat subject to consent.
The property occupies a popular secondary trading location in New Bridge Street close to the junction with Duke Street and St Mary’s Street. The area is occupied by a mix of local independent businesses with nearby occupiers including Warrens Bakery, Duke Street Delicatessen, Martin & Co Letting Agents, Standen Opticians and Zafiros Bar and Restaurant. Local authority parking is in close proximity.
Truro is well established as the principal retail centre for the County of Cornwall and provides some of the most attractive and comprehensive shopping in the south-west. In addition, the Cathedral City is the administrative centre for the county with public sector occupiers including Cornwall Council and the combined Crown and County Courts. The city has a resident population of approximately 23,000 persons but has an estimated catchment population of 265,000 persons.
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,473 sq ft
Costar Property Class
B
Year Built
1964
Price
£250,000
Price per sq ft
£169.72
Tenancy
Single
Number of Floors
2
Plot ratio
1.48
Total Plot Size
0.02 ac
Frontage
30 ft on New Bridge Street
AMENITIES
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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24 New Bridge St
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