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£325,000

Market Place, Camelford, Cornwall, PL32

  • 4 beds
Flat
Under offer/SSTC

£325,000

  • 4 beds
Flat
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Minimum deposit amount:

£16,250
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Fantastic FREEHOLD multi-unit investment property | 1400 sqft high street commercial premises with leasehold tenant | One bedroom and three bedroom apartments on first floor | Excellent holiday lets or long term rental options | Can be used as single first floor owners accommodation | EPC Ratings D and E

DESCRIPTION
12 Market Place is a fantastic multi-unit investment property in the heart of the thriving community of Camelford. The freehold is offered for sale with the benefit of existing tenants in the high street commercial premises trading as a gift shop and post office. Above and to the rear are two residential letting properties which can be used/let separately or together.

The shop is approximately 1400sqft of retail space and above it the former owners accommodation which now provides two popular holiday letting apartments.

The Grain Store is accessed at the rear of the building and comprises an entrance hall with stairs up to a mezzanine landing which connects to "The Mill Leat" and further steps up to the apartment itself. The Grain Store comprises an open plan living area with small kitchenette, bathroom and separate double bedroom.

The Mill Leat has its own fully enclosed private courtyard and includes lounge, kitchen diner, family bathroom, separate WC and three double bedrooms.

The Hardware Store has been trading as such for more than 50 years (in varying forms) and has become an integral part of the town, especially now also offering the Post Office services.

With such versatile living accommodation and excellent rental returns, viewing is essential.


ACCOMMODATION

THE GRAIN STORE
UPVC double glazed entrance door with obscured glass leads into the entrance hall with storage cupboard, UPVC double glazed window to the side, fitted carpet throughout and stairs leading up to the first floor and mezzanine landing. Connecting door into "The Mill Leat" apartment and further stairs leading up to The Grain Store. The timber door gives access to:

OPEN PLAN LOUNGE DINER WITH KITCHENETTE
Large reception room with two UPVC double glazed Dorma windows to the front aspect, carpeted throughout, space for living/dining room furniture and kitchenette.

KITCHENETTE
Two Velux sky lights over kitchenette area with good range of base units under roll edge work surface, inset stainless steel sink with mix tap over, tiled splash backing, under counter fridge space and breakfast bar.

BEDROOM ONE
A double bedroom with Velux skylight, built in wardrobe, fitted carpet, space for bedroom furniture, wall mounted electric heater and airing cupboard

FAMILY BATHROOM
Velux skylight over matching three piece suite comprising low level WC, pedestal hand wash basin, panel enclosed bath and vinyl flooring.

THE MILL LEAT
Accessed through a private fully enclosed courtyard with gravel pathway and artificial grass seating area beside, location of the oil tank and steps leading up to the UPVC double glazed front door into:

LOUNGE
UPVC double glazed door and window to the side, fitted carpet throughout, TV point, built in storage cupboards, twin ceiling lights, radiator and access to:

KITCHEN/DINER
Two UPVC double glazed windows to the side aspect, good range of wall and base units with roll top work surface, inset stainless steel sink and drainer unit with mixer tap over, tiled splash backing, radiator, space for dining table and chairs with two Velux skylights over, vinyl flooring, space and plumbing for dishwasher and integrated open and hob with extractor hood over. Door connecting to The Grain Store.

An internal hall from the lounge gives access to:

BEDROOM TWO
A double bedroom with UPVC double glazed window to the side, carpeted flooring, ceiling light, built in wardrobe and space for bedroom furniture.

FAMILY BATHROOM
Comprising a matching white 4 piece suite of panel enclosed bath, low level WC, pedestal hand wash basin, UPVC Aqua boarding to all wet areas, wall light and shaver point, heated towel rail, Velux skylight and corner shower enclosure with electric shower over and glass screen.

BEDROOM ONE
Huge double bedroom with two UPVC double glazed windows to the front overlooking the town with window seats, ceiling light, radiator, space for bedroom furniture, TV point and fitted carpet.

CLOAKROOM
UPVC double glazed window with obscured glass to the side, Low level WC, Pedestal hand wash basin and fitted carpet.

BEDROOM TWO
A double bedroom with UPVC double glazed window to the side aspect, ceiling and wall lights, fitted carpet and built in bedroom furniture.

COMMERCIAL RETAIL PREMISIS
A single glazed entrance door offers access from the high street with two large bay windows to either side into the principal retail area. The shop has been well fitted by the existing tenants and includes large till service area where Post Office services are offered. There is a door to the side with a covered outside garden retail area (and staff cloakroom) and behind the till area is a store/office. Up a small flight of steps is further retail space and store area currently used for DIY retail items and emergency exit.

OUTSIDE
To the left hand side of The Grain Store is an independent store/lock up as shown on the floor plans. The vendor informs us access to the rear of the property is via right of way on foot or by car. However there is no current parking space. parking could be made available by altering The Mill Leat garden.

SHOP LEASE
The tenant on the ground floor has a 5 year lease which commenced on the 8th September 2021 with a rent payable of ?700 PCM. This is due to be reviewed in 2024.

HOLIDAY LETTING INCOME
The two apartments have been successfully holiday let and income information is available on request.


COUNCIL TAX BRAND - E

EPC RATINGS
Shop -    D
Flat (rated as a whole) - E

SERVICES
Oil fired central heating, mains electricity, water and drainage are connected.


TENURE - Freehold

WHAT.3.WORDS.COM LOCATION
SHOP ENTRANCE -///sprouts.think.wound
FLAT ENTRANCE - ///pulses.alleyway.passions


IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

VIEWINGS
Please ring 01288 359999 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE www.kivells.com.

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Property details

£325,000

4 bed flat for sale

Market Place, Camelford, Cornwall, PL32
Fantastic FREEHOLD multi-unit investment property | 1400 sqft high street commercial premises with leasehold tenant | One bedroom and three bedroom apartments on first floor | Excellent holiday lets or long term rental options | Can be used as single first floor owners accommodation | EPC Ratings D and E

DESCRIPTION
12 Market Place is a fantastic multi-unit investment property in the heart of the thriving community of Camelford. The freehold is offered for sale with the benefit of existing tenants in the high street commercial premises trading as a gift shop and post office. Above and to the rear are two residential letting properties which can be used/let separately or together.

The shop is approximately 1400sqft of retail space and above it the former owners accommodation which now provides two popular holiday letting apartments.

The Grain Store is accessed at the rear of the building and comprises an entrance hall with stairs up to a mezzanine landing which connects to "The Mill Leat" and further steps up to the apartment itself. The Grain Store comprises an open plan living area with small kitchenette, bathroom and separate double bedroom.

The Mill Leat has its own fully enclosed private courtyard and includes lounge, kitchen diner, family bathroom, separate WC and three double bedrooms.

The Hardware Store has been trading as such for more than 50 years (in varying forms) and has become an integral part of the town, especially now also offering the Post Office services.

With such versatile living accommodation and excellent rental returns, viewing is essential.


ACCOMMODATION

THE GRAIN STORE
UPVC double glazed entrance door with obscured glass leads into the entrance hall with storage cupboard, UPVC double glazed window to the side, fitted carpet throughout and stairs leading up to the first floor and mezzanine landing. Connecting door into "The Mill Leat" apartment and further stairs leading up to The Grain Store. The timber door gives access to:

OPEN PLAN LOUNGE DINER WITH KITCHENETTE
Large reception room with two UPVC double glazed Dorma windows to the front aspect, carpeted throughout, space for living/dining room furniture and kitchenette.

KITCHENETTE
Two Velux sky lights over kitchenette area with good range of base units under roll edge work surface, inset stainless steel sink with mix tap over, tiled splash backing, under counter fridge space and breakfast bar.

BEDROOM ONE
A double bedroom with Velux skylight, built in wardrobe, fitted carpet, space for bedroom furniture, wall mounted electric heater and airing cupboard

FAMILY BATHROOM
Velux skylight over matching three piece suite comprising low level WC, pedestal hand wash basin, panel enclosed bath and vinyl flooring.

THE MILL LEAT
Accessed through a private fully enclosed courtyard with gravel pathway and artificial grass seating area beside, location of the oil tank and steps leading up to the UPVC double glazed front door into:

LOUNGE
UPVC double glazed door and window to the side, fitted carpet throughout, TV point, built in storage cupboards, twin ceiling lights, radiator and access to:

KITCHEN/DINER
Two UPVC double glazed windows to the side aspect, good range of wall and base units with roll top work surface, inset stainless steel sink and drainer unit with mixer tap over, tiled splash backing, radiator, space for dining table and chairs with two Velux skylights over, vinyl flooring, space and plumbing for dishwasher and integrated open and hob with extractor hood over. Door connecting to The Grain Store.

An internal hall from the lounge gives access to:

BEDROOM TWO
A double bedroom with UPVC double glazed window to the side, carpeted flooring, ceiling light, built in wardrobe and space for bedroom furniture.

FAMILY BATHROOM
Comprising a matching white 4 piece suite of panel enclosed bath, low level WC, pedestal hand wash basin, UPVC Aqua boarding to all wet areas, wall light and shaver point, heated towel rail, Velux skylight and corner shower enclosure with electric shower over and glass screen.

BEDROOM ONE
Huge double bedroom with two UPVC double glazed windows to the front overlooking the town with window seats, ceiling light, radiator, space for bedroom furniture, TV point and fitted carpet.

CLOAKROOM
UPVC double glazed window with obscured glass to the side, Low level WC, Pedestal hand wash basin and fitted carpet.

BEDROOM TWO
A double bedroom with UPVC double glazed window to the side aspect, ceiling and wall lights, fitted carpet and built in bedroom furniture.

COMMERCIAL RETAIL PREMISIS
A single glazed entrance door offers access from the high street with two large bay windows to either side into the principal retail area. The shop has been well fitted by the existing tenants and includes large till service area where Post Office services are offered. There is a door to the side with a covered outside garden retail area (and staff cloakroom) and behind the till area is a store/office. Up a small flight of steps is further retail space and store area currently used for DIY retail items and emergency exit.

OUTSIDE
To the left hand side of The Grain Store is an independent store/lock up as shown on the floor plans. The vendor informs us access to the rear of the property is via right of way on foot or by car. However there is no current parking space. parking could be made available by altering The Mill Leat garden.

SHOP LEASE
The tenant on the ground floor has a 5 year lease which commenced on the 8th September 2021 with a rent payable of ?700 PCM. This is due to be reviewed in 2024.

HOLIDAY LETTING INCOME
The two apartments have been successfully holiday let and income information is available on request.


COUNCIL TAX BRAND - E

EPC RATINGS
Shop -    D
Flat (rated as a whole) - E

SERVICES
Oil fired central heating, mains electricity, water and drainage are connected.


TENURE - Freehold

WHAT.3.WORDS.COM LOCATION
SHOP ENTRANCE -///sprouts.think.wound
FLAT ENTRANCE - ///pulses.alleyway.passions


IMPORTANT NOTICE
Kivells, their clients and any joint agents give notice that:

1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

VIEWINGS
Please ring 01288 359999 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE www.kivells.com.