Summary - 21, FISH STREET TR26 1LT
2 bed 1 bath Commercial Property
**Standout Features:**
- Prime location in the vibrant heart of St Ives, Cornwall.
- Mixed-use property with ground floor restaurant and first floor residential living space.
- Long-standing culinary business already in operation, offering immediate rental income.
- Garage and storage space included.
- Potential for renovation or new business ventures given the prominent position.
**Concerns:**
- Short lease remaining (21 years), possibly making financing difficult.
- Average broadband and mobile signal in the area.
- Property is not registered for VAT and may have maintenance needs due to age (built 1900-1929).
Nestled in the bustling heart of St Ives, this two-storey mixed-use property at 21 Fish Street presents a unique investment opportunity. With a classic granite exterior and a history as a thriving restaurant for over 55 years, this space is primed for both a lucrative business venture or as a charming residential retreat. The ground floor boasts a well-functioning restaurant space with character display windows and significant foot traffic, paired with a garage and essential storage to facilitate operations. The first floor features a cozy residential flat with two bedrooms, a modern kitchen, and a bright lounge, ideal for anyone seeking to experience coastal living in a renowned tourist destination.
While the property offers considerable potential, potential buyers should note that it is being sold with a 21-year expired lease, which could complicate financing for some investors. However, with its desirable location just a stone's throw from St Ives’ picturesque harbour, cultural highlights like the Tate Gallery, and an array of local amenities, this property offers an exceptional blend of lifestyle and investment opportunity. Don’t miss out—properties in such a prime location are rare and highly sought after!
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