Property photos
Freehold
Guide price
£775,000
(£175.40/sq. ft)
Property for sale
The Ship Institute, North Pier, Newlyn, Penzance, Cornwall TR184,419 sq. ft
Local area information
Property location
Nearby amenities
- Newlyn School 0.2 miles
- Alverton Primary School 0.5 miles
- Penzance Ferry Terminal 1.2 miles
- Penzance 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Historic building in the fishing port of Newlyn producing a total annual income of £43,239.96
- Converted in 2015 with full re-wiring and plumbing
- Fisherman's Mission- Let on a 5 Year Lease expiring June 2025.
- The Dance School-Let on a 10 Year Lease expiring 2027.
- Flat 1 (2-bed) is let on an AST Flat 2 (1-bed) is let on an AST The Look Out Flat 3 (2-bed) - is let on an AST .
- 1.5 miles from Penzance Railway Station, 28 miles from Truro and 45 miles from Newquay Airport
The Ship Institute is a historic mixed
commercial/residential property in the largest
fishing port of the UK, Newlyn. The current
owners have upgraded the property with new
wiring, plumbing and new boiler when the
building was converted in 2015. The ground floor
is let on two separate leases together with three
additional self-contained flats to the first and
second floor producing an income of over
£43,000 per annum.
commercial/residential property in the largest
fishing port of the UK, Newlyn. The current
owners have upgraded the property with new
wiring, plumbing and new boiler when the
building was converted in 2015. The ground floor
is let on two separate leases together with three
additional self-contained flats to the first and
second floor producing an income of over
£43,000 per annum.
More information
Listed by
Smart Commercial Property
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