Alder King and Jones Lang LaSalle have been appointed to sell the building, which is known as Penlowarth House. The building, which has occupiers on short term leases on three floors producing an income in excess of £80,000 per annum, extends to a gross internal floor area of approximately 19,734 sq ft (1,833 sq m) over six floors.
Tom Duncan, associate at Alder King said: “This centrally located landmark building is ideal for a business seeking new headquarters or alternatively could be converted into residential use subject to planning consent. A particular feature of Penlowarth House is that the upper floors of the building offer exceptional views over Mounts Bay towards St Michaels Mount and beyond, with views towards Newlyn on the other side.”
The building is offered for sale at an asking price of £750,000 and the joint agents expect it to appeal to developers and investors as well as office occupiers.
For further information regarding the property, including the terms of the existing leases, contact either Tom Duncan at Alder King in Truro on 01872 227005, firstname.lastname@example.org or Ifan Rhys Jones at Jones Lang LaSalle on 01752 676600, Ifan.RhysJones@eu.jll.com.
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