LOT
21
Sold for £199,000
An interesting opportunity to acquire a deceptively spacious, four storey, mid terrace property situated just off the main shopping centre of Penzance and within the Conservation area. The property retains a wealth of character features, including aptly a bread oven and exposed beams, enjoying glorious sea views from the upper floor and having the benefit of newly fitted bespoke replacement doors and windows. Planning permission is also in place for residential development of the upper floors, whilst retaining the former framing studio on the lower floors however, others may wish to explore the possibility of creating a single residential unit, or perhaps two apartments as per a previously submitted application, upon which interested parties must make and rely upon their own planning enquiries of Cornwall Council planning department.
Bread Street is situated with the Conservation area of Penzance, in close proximity of the thriving town centre and in turn the sea front, with its recently refurbished promenade and lido. Penzance has the benefit of a mainline railway station and is readily commutable to the A30.
Entrance giving access to the former framing studio with staircases to the lower and upper floors.
Former store and workshop.
First Floor: Landing, two bedrooms and shower room.
Second Floor: Open plan lounge/kitchen/diner having triple aspect and glorious panoramic sea views over the townscape and St Michaels Mount.
A Grant of Conditional Planning Permission was issued by Cornwall Council planning department on the 1st April 2016, under application number PA16/01294, for 'Conversion of upper floors of framers gallery and store to dwelling, including installation of new windows and doors'. Interested parties must make and rely upon their own planning enquiries of Cornwall Council planning department.
Freehold
Exempt
Wendy Alexander
Viewings contact Countrywide property auctions (Monday- Friday) 0151 734 7509
GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The Framing Studio, Bread Street, Penzance, Cornwall TR18 2EQ
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
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