Lot 97 - Unit 2 Communication Centre, Par Moor Road, Par, Cornwall, PL24 2SQ
- Unconditional Online Auction Sale
- Guide Price* : £22,000+
- Bedrooms: 0
Lot 97 - Commercial Opportunity
Description
ONLINE AUCTION from 19th MAY - 21st MAY
Located along the established commercial stretch of Par Moor Road, this adaptable industrial unit offers a strong opportunity for investors, owner-occupiers, or developers looking for a well-positioned base in Cornwall.
The property benefits from good transport connections and sits close to a mix of trade, industrial, and retail businesses, making it suitable for a variety of commercial uses. Internally, the unit provides generous space that can be tailored to specific needs, along with practical access for loading and servicing.
Subject to the necessary consents, the property could be used for purposes such as warehousing and storage, a trade counter or builders’ merchant, vehicle repair, MOT or servicing operations, a distribution or logistics hub, workshop or fabrication space, or plant and equipment storage.
For those considering it as an investment, the unit has an estimated rental value of around £27,000–£30,000 per year on a commercial lease.
Overall, this property offers excellent potential for generating income, expanding a business, or redevelopment, thanks to its accessible position within a well-recognised commercial area.
This Is a large unit and would recommend viewing the unit to see its full potential.
What3Words: serenade.grasp.hopes
Tenancies
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
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As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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