The Parade Trengrouse Way Helston Cornwall TR13 8AF

The Parade
Trengrouse Way
Helston
Cornwall
TR13 8AF

Town Centre Retail Opportunity

  • Benefits from Open A1 Retail planning use
  • Purpose built detached unit totalling approximately 17,748 sq ft
  • Approximate site area of 0.56 acres
  • Adjacent to the town's principal car park
  • Asset management opportunities
  • Lot
    25
  • Auction
    23rd May 2019
  • Vacant Possession
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    Supermarket
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • On Behalf of Receivers

Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Town Centre Retail Opportunity

  • Benefits from Open A1 Retail planning use
  • Purpose built detached unit totalling approximately 17,748 sq ft
  • Approximate site area of 0.56 acres
  • Adjacent to the town's principal car park
  • Asset management opportunities
  • Lot 25
  • Auction 23rd May 2019
  • Vacant Possession
  • Status Withdrawn Prior
  • Price  
  • Sector
    Supermarket
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • On Behalf of Receivers

Property Information

Location
Miles
12 miles south-west of Falmouth
16 miles south-west of Truro
25 miles south-west of Newquay
Roads
A394, A30
Rail
Air
Newquay Airport
Situation

Helston is a popular and historic market town situated at the northern end of the Lizard peninsula, an area favoured by tourists and just 12 miles from Falmouth. The property is situated in the heart of the town centre on The Parade, adjacent to the prime retail thoroughfare of Meneage Street. The property benefits from being positioned at the entrance to the town's principal public car park (over 200 spaces), adjacent to a library and medical centre and also benefits from a pedestrian walkway close by leading directly to Meneage Street.

Tenure

Long Leasehold. Held from Cornwall Council for a term of 155 years from 24th May 1985 at a peppercorn rent.

Location
Miles
12 miles south-west of Falmouth
16 miles south-west of Truro
25 miles south-west of Newquay
Roads
A394, A30
Rail
Air
Newquay Airport
Situation

Helston is a popular and historic market town situated at the northern end of the Lizard peninsula, an area favoured by tourists and just 12 miles from Falmouth. The property is situated in the heart of the town centre on The Parade, adjacent to the prime retail thoroughfare of Meneage Street. The property benefits from being positioned at the entrance to the town's principal public car park (over 200 spaces), adjacent to a library and medical centre and also benefits from a pedestrian walkway close by leading directly to Meneage Street.

Tenure

Long Leasehold. Held from Cornwall Council for a term of 155 years from 24th May 1985 at a peppercorn rent.

Description

The property comprises a purpose built detached retail unit, formerly used as a supermarket and provides accommodation at ground and lower ground floors, each with level access. The ground floor offers an open plan retail area and benefits from a glazed customer entrance and goods lift. The lower ground floor comprises warehousing, ancillary offices, stores, staff facilities and a loading bay. The property has an approximate site area of 0.23 hectares (0.56 acres).

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint LPA Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint LPA Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

EPC

Band C. Please see legal pack at acuitus.co.uk

Description

The property comprises a purpose built detached retail unit, formerly used as a supermarket and provides accommodation at ground and lower ground floors, each with level access. The ground floor offers an open plan retail area and benefits from a glazed customer entrance and goods lift. The lower ground floor comprises warehousing, ancillary offices, stores, staff facilities and a loading bay. The property has an approximate site area of 0.23 hectares (0.56 acres).

VAT

VAT is applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Joint LPA Receivers to the best of their knowledge, but the purchaser must rely solely upon their own enquiries. The Joint LPA Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

EPC

Band C. Please see legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant
Ground
Lower Ground
Retail/Ancillary
Warehouse/
Ancillary
1,203.57 sq m
445.30 sq m
(12,955 sq ft)
(4,793 sq ft)
VACANT
Total
1,648.87 sq m
(17,748 sq ft)
 

Property Documents

  • Site Plan
    Updated Date
    01.05.19
    File Size
    4 MB
    View PDF
  • Catalogue Page
    Updated Date
    02.05.19
    File Size
    697 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Associate Auctioneers
SBC Property Daniell House, Falmouth Road
Truro
Cornwall
TR1 2HX
Barney Peters 01872 245 802barney@sbcproperty.com
Seller's Solicitors
AMB Law 46 New Broad Street
London
EC2M 1JH
Stephen Carter 020 7329 4242scarter@amblaw.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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