Summary - Bread Street, Penzance, TR18 TR18 2EQ
1 bed 1 bath Pub
Opportunity for refurbishment or redevelopment in central Penzance town centre.
- Freehold Victorian corner building, approx. 2,437 sq ft
- Three floors: ground stores, first-floor bar, second-floor function room
- Offered as commercial unit only; no business included
- Requires comprehensive modernization throughout
- Very slow broadband; excellent mobile signal
- High local crime and very deprived area impact demand
- Flood risk: none
- Sale price £290,000
A substantial Victorian corner building in central Penzance offered as a freehold commercial unit. Arranged over three floors and extending to about 2,437 sq ft, the property includes a ground-floor pump room, toilets and stores, a large first-floor bar area and a further function room and bar on the second floor. The sale is for the building only; no trading business or fixtures beyond the shell are guaranteed.
The building’s scale and period stone facade give clear potential for an investor or developer seeking a conversion or refurbishment project (subject to planning and consents). It sits in a busy town-centre location with a wide range of amenities and transport links nearby, and benefits from excellent mobile signal — helpful for modern hospitality or mixed-use proposals.
Buyers should note material constraints: the property requires modernization throughout, broadband speeds are very slow, and the surrounding area records high crime levels and very high deprivation. These factors affect rental values and certain funding options. Flooding risk is reported as none.
Offered at £290,000, this is a value-led opportunity for a buyer prepared to invest in upgrading the building or to seek redevelopment. Clear, practical due diligence on services, structural condition and planning potential is recommended before committing.
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