Pharmacies for sale in the Penzance, UK

Commercial Property in Penzance available for sale

Retail Properties for Sale Near the Penzance, UK

More details for 35 St. James St, Penzance - Retail for Sale

The Royal British Legion - 35 St. James St

Penzance, TR18 2BU

Retail for Sale
£290,000
2,070 sq ft

Penzance Retail for Sale

Offered for sale is the Penzance British Legion due to a change of premises. The building offers three floors with the ground floor consisting toilets, pump room and storage. The first floor has a large bar area and an unused second floor has a further large function room and bar. Commercial unit only with no business element.

Contact:

Stacey Mann Estates

Date on Market:

27/03/2025

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3-4 Market Jew St

Penzance, TR18 2HN

Retail for Sale
£140,000
3,427 sq ft

Penzance Retail for Sale

Investment Consideration: Gross Initial Yield: 12.60% Rental Income: £31,500 p.a. VAT is applicable to this property Comprises double fronted shop at ground floor and a self-contained first & second floor t/a Gymnasium Future development potential of the upper floors, subject to obtaining the necessary consents Located in the heart of the town centre with occupiers close by including Barclays, Specsavers, O2 and more. Property Description: Comprises double fronted retail shop at ground floor and a self-contained first & second floor, accessed from the front of the building and t/a Gymnasium. The property provides the following accommodation and dimensions: Ground Floor: 170 sq m (1,830 sq ft) Open plan retail, Office, Kitchen, Store, WC Basement: Not inspected First Floor: 165 sq m (1,776 sq ft) Gymnasium Second Floor: 171 sq m (1,840 sq ft) Gymnasium Total GIA: 506 sq m (5,446 sq ft) Tenancy: Ground floor shop is at let to an Individual t/a Convenience Store for a term of 10 Years from 7th August 2025 at a current rent of £15,000* p.a. and the lease contains full repairing and insuring covenants. Rent review in August 2030 linked to RPI. Tenant option to determine in August 2030 with min 6 months notice. Deposit held of £3,000. *Tenant pays reduced rent of £12,000 p.a. in Years 1&2, £13,000 p.a. in Year 3, £14,000 p.a. in Year 4 and £15,000 p.a. in Year 5. The vendor will top-up rent until 7 August 2029, so the buyer receives the equivalent to £15,000 p.a. from completion The first/second floor accommodation is at present let to an Individual for a term of 15 years from 18th June 2018 at a current rent of £16,500 per annum and the lease contains full repairing and insuring covenants. Rent review from 2023 outstanding. Rent review on 18.06.28 open market upward only. Mutual option to determine on 18.06.28 with min 3 months notice. Location: The property is situated in the popular tourist resort of Penzance, on the western side of the principal retailing pitch of Market Jew Street, and 300 metres from Penzance Railway Station. The property is located a short distance from Wharfside Shopping Centre, which includes retailers such as Costa, Iceland and numerous independent retailers. Nearby retailers include Tesco Express, Co-op Convenience Store, Boots the Chemist, Superdrug, WHSmith, Sports Direct, Saltrock, Domino's and JD Wetherspoon.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

21/09/2024

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29-29A Causewayhead

Penzance, TR18 2SP

Retail for Sale
£450,000
1,194 sq ft

Penzance Retail for Sale

The freehold of this café and owners accommodation is available for the guide price of £450,000.

Contact:

Miller Commercial LLP

Property Subtype:

Restaurant

Date on Market:

08/01/2026

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12-13 Chapel St

Penzance, TR18 4AW

Retail for Sale
£495,000
3,270 sq ft

Penzance Retail for Sale

The freehold of this mixed use investment is available for the guide price of £495,000 providing a yield of 9.09%.

Contact:

Miller Commercial LLP

Property Subtype:

Shopfront Retail / Residential

Date on Market:

19/09/2025

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99 Market Jew St

Penzance, TR18 2LE

Retail for Sale
£300,000
5,521 sq ft

Penzance Retail for Sale

The freehold of this retail unit over three floors for the guide price of £300,000. It would be suitable for occupational purpose or provide potential for redevelopment opportunities.