Retail premises for sale

10-11 Market Jew Street, Penzance, Cornwall TR18

For sale by auction on Tuesday, 21 Oct 2025 at 14:00

Venue: Live Stream

Commercial Property

A mixed-use development/investment opportunity comprising two interconnecting properties in Penzance, Cornwall. The ground floor has previously been let to a bakery, and a two-bedroom flat is let via an AST earning approximately £6000p/a. There is planning to create office/co-working space.

Auctioneers note
The property has the following planning consent:

PA24/04185

Exernal and internal restoration and refurbishment of buildings to create mixed use development comprising cafe and offices with existing self-contained residential apartment retained (Class E and Class C3), including retention and

reformatting of cafe at ground floor to create space for new office entrance, demolition of non-original rear extension to upper floors, proposed first floor rear extension, replacement windows to front and rear elevations, creation of rear communal terrace, with associated works.

Accommodation
Ground Floor

Room One: 7.93m x 4.90m

Room Two: 7.36m x 5.89m

Room Three: 4.88m x 3.25m

Kitchen: 6.63m x 6.15m

Utility / Washroom: 5.18m x 3.15m

Store: 2.95m x 2.62m
W/C


First Floor

Room One: 7.47m x 7.01m

Room Two: 7.79m x 3.96m

Room Three: 7.16m x 4.95m
W/C


Second Floor

Room One: 5.65m x 5.41m

Bathroom: 4.09m x 2.67m

Second Floor Flat

Living / Dining Room: 4.62m x 3.53m

Kitchen: 3.89m x 3.05m

Bedroom One: 4.01m x 3.07m

Bedroom Two: 2.95m x 2.08m

Third Floor

Room One: 5.41m x 3.68m

Room Two: 4.19m x 3.15m

Fourth Floor

Room One: 5.49m x 2.82m

Room Two: 6.32m x 4.72m

full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

Viewings
Please telephone Auction House South West on to request a viewing.

Notice to bidder
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.

EPC Rating: D94

Additional Fees
Buyers Premium: £480 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.