Ref: LCAA8023 £379,950 40 Fore Street, St Ives, Cornwall, TR26 1HE FREEHOLD

Situated right in the heart of ‘Old Town’ St Ives, a wonderful opportunity to acquire a fantastic Grade II Listed investment property, comprising a ground floor retail premises providing an

excellent leasehold income and on the first floor an excellent spacious, well appointed 1 bedroomed apartment, an ideal Cornish bolthole with a great track record for generating

excellent letting income.

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SUMMARY OF ACCOMMODATION Ground Floor: entrance hall, shop (20’8” x 10’4”). First Floor: inner hall, open-plan living/dining room/kitchen, bedroom, shower room/wc. DESCRIPTION

• The availability of number 40 Fore Street represents a great investment opportunity to acquire a freehold Grade II Listed property which can provide two excellent income streams.

• On the ground floor is a superb retail premises, ideally positioned and ideally located in the heart of ‘Old Town’ with incredible footfall from the cobbled Fore Street in front. The shop is 20’8” x 10’4” plus a useful storage room and is let on a commercial lease bringing in £14,000 per annum.

• On the first floor is a wonderful one bedroomed apartment which is deceptively spacious and well presented. It is gas centrally heated with lovely open-plan living space with space for easy chairs and sofas, a breakfast table and a well appointed kitchen with charming window seats which overlook the hustle and bustle of Fore Street below. There is a comfortable double bedroom with open vaulted ceiling and a well appointed shower and wc.

• The apartment is a fantastic bolthole right in the heart of the village and just a short walk away from beaches, bars, restaurants etc. The apartment generates between £10,000 and £15,000 per annum from holiday letting dependent upon the number of owner bookings taken during each year.

• A fantastic dual income investment property in the heart of arguably Cornwall’s best and most popular coastal village. The property is to be sold with its current retail lease and the apartment can be sold fully furnished as a turnkey letting investment, subject to further negotiation.

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LOCATION 40 Fore Street is set within one of the oldest and most historic parts of St Ives. Fore Street itself is a quaint cobbled street with fantastic footfall lined with many independent retailers, cafés, art galleries and more general stores interspersed with quaint former fisherman’s cottages. Nearby are beautiful former artists studios directly fronting Porthmeor beach, from the late 19th and early 20th Century when St Ives School of Artists was in its heyday. Within a few moments’ walk is the world renowned Porthmeor beach, the Tate St Ives and St Ives famously picturesque harbour with its fantastic array of bistros, restaurants, pubs, galleries and shops. St Ives is an increasingly popular, world famous resort and is internationally renowned for its access to three Blue Flag Award wining golden sandy beaches and surrounding coastline which provides some of the most dramatic scenery in Britain.

St Ives can be reached by St Ives Bay line railway service from St Erth which is regarded as one of the most scenic train journeys in Britain. This branch line then provides direct access to the main Penzance to Paddington line. The A30 is accessed nearby at Lelant and provides easy access to both Penzance and the cathedral city of Truro which is the commercial and administrative centre of the county. GENERAL INFORMATION VIEWING – Strictly by prior appointment through: Lillicrap Chilcott, Landrian House, 59-60 Lemon Street, Truro, Cornwall, TR1 2PE. Telephone: (01872) 273473. E-mail: sales@lillicrapchilcott.com.

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POST CODE – TR26 1HE. SERVICES – Mains water, drainage, gas and electricity. For Council Tax see www.mycounciltax.org.uk. DIRECTIONS – See town map. AGENT’S NOTE – The above particulars have been prepared as a general guide only for prospective buyers. Whilst we have endeavoured to provide a fair and reasonable description of the property, no specific survey or detailed inspection has been carried out in relation to the property, the services, the appliances and any fixtures and fittings or equipment. All buyers should rely on their own surveys and investigations in connection with any purchase of the property. All measurements, floor plans, dimensions, acreages and distances are approximate only and should not be relied upon for accuracy. OFFICE OPENING HOURS – Monday to Friday 9.00am to 5.30pm. Saturday - 9.00am to 1.00pm. NB: A number of staff are available for viewing appointments all day Saturday and all day Sunday.

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Not to scale – for identification purposes only.

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