4 The Arcade, Market Jew Street, Penzance - TR18 2HW

Guide Price: £65,000+

Beds: No data
Type: Commercial
Tenure: Freehold

Property Details

Sutton Kersh describes this property as:

A vacant freehold shop premises, with a first floor office/storage space above, conveniently situated just off Market Jew Street in what is known locally as the 'Arcade Steps' area of the town centre. The property is likely to appeal to local traders looking to own their own retail outlet outright, or for the career commercial lettings investors with an estimated rental income of circa £7,500 per...

Auction Details

Auctioneer:
Sutton Kersh
Auction date:
11:00 - 14 Jul 2022
Venue:
Online bidding

For viewings, biddings or more information:

Go to the Sutton Kersh Website

Local Market Data

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We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average sold price:

£206,375

Average asking price:

£217,795

Average price per sq/ft:

£260
Date Price Beds Address Distance (miles)
21 Mar 2022 £155,000 49, Adelaide Street, TR18 2ER 0.12
11 Mar 2022 £174,000 2 35, New Street, TR18 2NA 0.11
01 Nov 2021 £200,000 Beehive Cottage, Tredavoe, TR20 8TW 0.11
21 Sep 2021 £435,000 3 Clinton, Packet Lane, Rosudgeon, TR20 9QD 0.04
15 Sep 2021 £240,000 52, Belgravia Street, TR18 2BL 0.11
09 Sep 2021 £165,000 2 37, St James Street, TR18 2BU 0.03
25 Aug 2021 £222,750 2 3, Victoria Square, TR18 2EP 0.10
18 Aug 2021 £200,000 13, High Street, TR18 2SX 0.14
13 Aug 2021 £245,000 2 16, Victoria Square, TR18 2EP 0.07
11 Aug 2021 £240,000 Ship Ashore, Jennings Street, TR18 2LU 0.08
16 Jul 2021 £210,000 84, St James Street, TR18 2BT 0.04
28 Jun 2021 £230,000 2 6, Belgravia Street, TR18 2BJ 0.13
28 May 2021 £168,000 2 26, Adelaide Street, TR18 2ER 0.14
17 May 2021 £163,000 2 53, Adelaide Street, TR18 2ER 0.12
30 Apr 2021 £210,000 2 24, Adelaide Street, TR18 2ER 0.13
30 Apr 2021 £145,000 2 35, Adelaide Street, TR18 2ER 0.14
29 Apr 2021 £510,000 7 The Wink, Cripplesease, Nancledra, TR20 8NF 0.11
24 Mar 2021 £377,500 3 Clinton, Packet Lane, Rosudgeon, TR20 9QD 0.04
05 Mar 2021 £192,000 3 12, Belgravia Street, TR18 2BJ 0.11
26 Feb 2021 £185,000 2 15, High Street, TR18 2SX 0.14

We are unable to find enough local data to provide good comparisons for this type of property. The data we are providing covers there average for -all- properties

Average weekly rental: £176

Average yield: 4.2%

Weekly Rent Bedrooms Property Type distance (miles)
£150 1 flat 0.07
£138 detached_house 0.14
£150 1 flat 0.15
£92 1 detached_house 0.28
£115 1 flat 0.28
£368 2 flat 0.28
£196 2 terraced_house 0.32
£207 2 terraced_house 0.32
£162 1 semi-detached_house 0.47
£100 1 detached_house 0.51
£177 1 flat 0.54
£219 2 flat 0.55
£177 1 flat 0.60
£312 4 detached_house 1.14
£173 1 semi-detached_house 1.25
£190 2 flat 1.34
£346 5 detached_house 1.53
£138 2 flat 2.90
£369 4 detached_house 4.97
£173 2 detached_house 5.86