The Exchange Building, New Street, Penzance, Cornwall, TR18 2LZ

The Exchange Building, New Street Apt: 2
Penzance Cornwall TR18 2LZ
United Kingdom

Floor:3rd

Property

Ownership: For Sale
Type: Penthouse
Bedrooms: 4 BR
Bathrooms: 3
Pets: Pets Unknown
Area: 282M² (3036 sq ft)
Lot Size: 0.31 Acres
Tenure: Leasehold
Price Qualifier: Offers in excess of

Financials

Price: £600,000
($816,000.00)
Marc Cottrell
European Headquarters | 169 Piccadilly, 5th Floor, Mayfair, London W1J 9EH

Description

This former 1930’s telephone exchange has been lovingly converted by the current vendors into what today forms a spacious luxury apartment with feel of a New York Manhattan style loft apartment. The property has wonderful panoramic views over the Harbour and out towards Mount’s Bay and St Michael’s Mount.

  • Luxury Penthouse Apartment
  • Over 3000sqft Living Space
  • 4/5 Bed, 3 Baths
  • 3 Reception Room
  • Panoramic Bay Views
  • Cinema Room
  • Lift Access
  • Versatile Options for Configuration
  • Allocated Parking
  • EPC Rating D (57)

With over 3000sft of living space, the generous floor area of the property provides both high ceilings and large wall space giving it a cavernous feel. While affording flexible room configuration, the accommodation is currently split into two distinct spaces comprising of a three/four bedroom with two bathrooms, two reception rooms and cinema room and a separate one bedroom, one bath annexe apartment with eat-in kitchen and additional sitting.

Situated adjacent to Chapel Street with its exquisite restaurants and vintage style shops, the building is centrally positioned providing close proximity and easy access to the areas beautiful beaches, harbours and visitor attractions and therefore lends itself well to buyers looking for a property capable to providing significant income opportunity.

Alternatively, the apartment lends itself perfectly well to buyers looking for the ideal ‘live / work’ lifestyle as the apartment offers plenty of natural light and would be ideal for any type of creative work. Ideally located above an international acclaimed art gallery (The Exchange)

Investment buyers will be attracted by the scope to convert the property into either commercial space or several smaller units (both subject to planning permission) as the floor area could lend itself to creating three or four well-proportioned apartments.

SERVICES

Mains electric, gas, water and drainage

COUNCIL TAX BAND: C

EPC RATING: D (57)

LEASEHOLD DETAILS

132 years remaining on the current lease.

SERVICE CHARGE: Approximately £3500 per annum

GROUND RENT: Nil

Amenities

  • 3 Bathrooms
  • 4/5 Bedrooms
  • Annexe / Multi Family Home
  • Cinema Media Room
  • EPC Rating D (57)
  • Generous Living Accommodation
  • Great Investment Opportunity
  • Lift Access
  • Panoramic Bay Views
  • Redevelopment Potential

Exposures

  • East
  • North
  • South
  • West

Loft Style Living with Stunning Bay Views

Description

This former 1930’s telephone exchange has been lovingly converted by the current vendors into what today forms a spacious luxury apartment with feel of a New York Manhattan style loft apartment. The property has wonderful panoramic views over the Harbour and out towards Mount’s Bay and St Michael’s Mount.

  • Luxury Penthouse Apartment
  • Over 3000sqft Living Space
  • 4/5 Bed, 3 Baths
  • 3 Reception Room
  • Panoramic Bay Views
  • Cinema Room
  • Lift Access
  • Versatile Options for Configuration
  • Allocated Parking
  • EPC Rating D (57)

With over 3000sft of living space, the generous floor area of the property provides both high ceilings and large wall space giving it a cavernous feel. While affording flexible room configuration, the accommodation is currently split into two distinct spaces comprising of a three/four bedroom with two bathrooms, two reception rooms and cinema room and a separate one bedroom, one bath annexe apartment with eat-in kitchen and additional sitting.

Situated adjacent to Chapel Street with its exquisite restaurants and vintage style shops, the building is centrally positioned providing close proximity and easy access to the areas beautiful beaches, harbours and visitor attractions and therefore lends itself well to buyers looking for a property capable to providing significant income opportunity.

Alternatively, the apartment lends itself perfectly well to buyers looking for the ideal ‘live / work’ lifestyle as the apartment offers plenty of natural light and would be ideal for any type of creative work. Ideally located above an international acclaimed art gallery (The Exchange)

Investment buyers will be attracted by the scope to convert the property into either commercial space or several smaller units (both subject to planning permission) as the floor area could lend itself to creating three or four well-proportioned apartments.

SERVICES

Mains electric, gas, water and drainage

COUNCIL TAX BAND: C

EPC RATING: D (57)

LEASEHOLD DETAILS

132 years remaining on the current lease.

SERVICE CHARGE: Approximately £3500 per annum

GROUND RENT: Nil

Amenities

  • 3 Bathrooms
  • 4/5 Bedrooms
  • Annexe / Multi Family Home
  • Cinema Media Room
  • EPC Rating D (57)
  • Generous Living Accommodation
  • Great Investment Opportunity
  • Lift Access
  • Panoramic Bay Views
  • Redevelopment Potential

Exposures

  • East
  • North
  • South
  • West

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.