Penzance

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INVESTMENT / DEVELOPMENT FOR SALE - TRINITY HOUSE DEPOT & FORMER MUSEUM, WHARF ROAD

The property comprises the former Trinity House offices and stores and the former National Lighthouse Centre Museum. Garages, workshops and car park are also incorporated to the rear

LOCATION:
Communications from Penzance are good with a direct link on to the A30 which forms the arterial road into and out of the County, linking with the M5 at Exeter. The town also has an Intercity Railway station providing a regular service to Paddington, London.

SITUATION:
The property is located adjacent to Penzance Docks and within walking distance from the town centre. A public car park is situated nearby at the eastern end of The Promenade.

DESCRIPTION:
The property comprises the former Trinity House offices and stores and the former National Lighthouse Centre Museum. The main building fronting Wharf Road consists of ground floor stores with separately accessed first floor offices. A range of individual workshops and garages exist to the rear. The museum building is a former buoy store and has an internal eaves height of approximately 25 ft. The site is secure with a gated entrance and parking is available within the courtyard.

ACCOMMODATION: (All dimensions and areas are approximate and measured in accordance with the
RICS code of measuring practice)

Site Area 0.15 hectare (0.37 acre)

Museum Building
Ground floor 268.42m² (2888 ft²)
Upper level 76.16m² ( 820 ft²)

Main Building
Ground Floor Stores/offices 149.40m² (1607 ft²)
Radio room 17.20m² ( 184 ft²)

First Floor Reception 12.00m² ( 129 ft²) Office 4 22.40m² ( 241 ft²)
Office 1 18.40m² ( 198 ft²) Office 5 26.10m² ( 281 ft²)
Office 2 14.40m² ( 155 ft²) Office 6 16.50m² ( 178 ft²)
Office 3 15.00m² ( 162 ft²) Kitchenette 2.80m² ( 30 ft²)
Male & female toilets

Outbuildings
Workshop by entrance 30.80m² ( 331 ft²) Garage/workshop 33.00m² ( 355 ft²)
Two storey workshop: Workshop 39.50m² ( 425 ft²)
Ground floor 53.14m² ( 572 ft²) Open sided store 14.70m² ( 158 ft²)
First floor 49.10m² ( 528 ft²) Lock up store 7.60m² ( 81 ft²)
Lock up garage 17.50m² ( 188 ft²)

LEASE DETAILS:
Silver Dolphin Marine Conservation & Diving Centre currently occupy the entire ground floor of the main building, along with the majority of the outbuildings, under a 3 year lease commencing 7 June 2009 at £11,000 per annum. The tenancy is outside the provisions of the Landlord and Tenant Act 1954. The property is held on internal repairing and insuring terms. A mutual break option is incorporated exercisable on providing not less than 3 months notice.

Allied Healthcare currently occupy the majority of the first floor within the main building under a 3 year lease commencing 7 June 2009 at £9,000 per annum. The property is held on internal repairing and insuring terms. The tenancy is outside the provisions of the Landlord and Tenant Act 1954. A mutual break option is incorporated exercisable after 6 June 2010 on providing not less than 6 months notice.

RATES:
2010 Rateable Values:
First Floor Offices £ 9,800.00 Payable – £3,711.78
Dive Centre accommodation £17,250.00 Payable - £7,469.25
Museum premises £ 9,725.00 Payable - £4,210.92

VAT:
All figures quoted are exclusive of VAT.

ENERGY PERFORMANCE CERTIFICATE:
An Energy Performance Certificate is available on request.

EU CONVERGENCE INVESTMENT
Grant funding may be available for high quality office and workspace developments on this site under the Convergence Programme for Cornwall and the Isles of Scilly. For more information contact the Place and Sites Delivery Team on 01209 611113 or visit www.cornwalldevelopmentcompany.co.uk

VIEWING:
For further information or to arrange an inspection contact Charterwood on (01872) 261216. Contact Stuart Sly or Helen Fussey.

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