Guide price

£155,000

Property for sale
40-41 Causewayhead, Penzance, Cornwall TR18

    Freehold
    Added on 04/03/2026

    About this property

    • For Sale by Online Auction

    • Auction Date : 26 March 2026

    • Lot Number : 166

    • Freehold Commercial Building With Planning For Re-development

    • Re-Development Site

    • Freehold

    • *Guide Price : £155,000 Plus + Fees

    A deceptively spacious freehold property situated within the centre of Penzance along the popular pedestrianised Causewayhead, which includes a good range of retail amenities, along with residential.

    The property now has the benefit of planning permission for part commercial to the ground floor, with four residential flats (three one-bedroom and one two-bedroom) to the rear and upper floors.

    Planning
    Planning Permission has been granted by Cornwall Council, under ref: PA25/04649, dated 29th August 2025, for partial retention of ground floor commercial unit and conversion of upper floors and rear ground floor to residential use (4 no. Flats), subject to conditions.

    A copy of the Planning Permission and accompanying documents may be downloaded from the Local Planning Authority website, . Tel:

    Existing Accommodation
    Ground Floor
    Two substantial rooms plus one further room with access to first floor.

    First Floor
    Three rooms with access to flat roof.

    Proposed Accommodation
    Commercial
    Ground Floor
    Two retail spaces to the front.

    Residential
    Ground Floor
    Unit 1
    Open-plan living room/kitchen, bedroom and bathroom with W.C.

    First Floor
    Unit 2
    Open plan living room/dining room/kitchen, two bedrooms and bathroom with W.C.

    Unit 3
    Open plan living room/kitchen, bedroom and bathroom with W.C.

    Second Floor
    Unit 4
    Open plan living room/dining room/kitchen, bedroom and en-suite bathroom with W.C.

    Freehold with Vacant Possession
    Important:
    All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


    Price Information
    *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.

    *An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to

    Mortgage calculator

    Monthly repayment

    £775 per month

    Whole of market comparison

    70+ lenders and 10,000+ products

    How much could I borrow

    In partnership with

    mojo logo

    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

    More information

    Report this listing