0 bed property

The property is a mixed-use freehold building in Falmouth's High Street, consisting of a ground floor commercial unit and an upper residential flat. The commercial unit, which has a tenant in situ on a 15-year lease starting in February 2025, measures approximately 128 sq m and has a current passing rent of £18,750 per annum. The tenant is subject to regular rent reviews, offering a potential minimum contracted income of £281,250 over the lease term. The upper floors comprise a first-floor flat requiring modernisation, with approximately 95 sq m of accommodation and five bedrooms, as well as loft space with Velux windows. The netusable area of the property is approximately 223 sq m, with a total combined area of the commercial and residential units being around 223 sq m. The building is a Grade II Listed property with an EPC rating of Commercial E (103) and Residential E (43).