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Lot 97
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Auction Date: Thursday 8th April 2021

Auction Venue: Online Virtual Auction, remote bidding only

Auction Time: 12:00


49 High Street, Falmouth, Cornwall

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Property Description

A unique opportunity to acquire a sizeable Grade II listed freehold investment property comprising of a ground floor shop with basement rooms and a shower room, three x two bedroom maisonettes currently utilised as student lets and fully let for the 2021 and 2022 academic years, the whole generating an income of £3,280 pcm/£39,360 pae. The upper floors maisonettes enjoy panoramic views of the estuary and harbour, with a private lawned garden area to the rear of the property.


Situated

The vibrant harbour town of Falmouth offers a super range of bespoke shops and galleries, cafes and restaurants, with regular passenger ferries from the Pince of Wales pier to Flushing and St Mawes, with a full range of marina facilities on North Parade.

Ground Floor

The Gallery: Two viewing/display rooms with steps down to two storage rooms and a shower room. Flat C: Accessed from Barracks Ope: External staircase leads to an open plan living/dining/kitchen area, steps down to two bedrooms and a bathroom. Communal hallway with stairs rising to the first floor.

First Floor

Flat A: First Floor: Entrance hall, sitting room, kitchen/diner. Second Floor: Two bedrooms and bathroom. Flat B: First Floor: Entrance hall, sitting room, kitchen/diner. Second Floor: Two bedrooms and bathroom.

Outside

Private lawned garden area.

Viewings

Strictly by prior appointment with Miller Countrywide Falmouth 01326 318181. General enquiries Countrywide Property Auctions 01395 275691. GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

Tenure

Freehold


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* Reserve Price

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Buyers Fee

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 £1,500 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

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