Summary - Par Moor Road, St Austell PL25 3RT
1 bed 1 bath Land
One-acre site with planning for 25 commercial units and immediate uplift potential.
1 acre freehold site in St Austell Bay Business Park
Block of 16 multi-let units — total 6,561 sq ft
Full planning for 25 commercial units (Use Class E)
Planning activated for new vehicular access from Cypress Avenue
Current income £10,800 pa; lease to vendor-related company to Oct 2028
Mains 3-phase power, water, drainage; CCTV, alarm, solar panels
Large surfaced parking/yard; good vehicle circulation
Sold at public auction — demolition and construction required
This one-acre freehold site in St Austell Bay Business Park combines immediate rental income with significant redevelopment upside. A single-storey block of 16 multi-let units (6,561 sq ft) sits on generous surfaced parking and yard space, currently producing a low headline income of £10,800 pa under a lease to a company owned by the vendors that expires 31 Oct 2028 (early surrender offered). The property benefits from mains 3-phase power, mains water and drainage, CCTV, alarm and visible solar panels.
Full Planning Permission has been granted to demolish the existing building and construct 25 new commercial units (Use Class E), including a mezzanine in each unit, and an activated permission for a new vehicular access from Cypress Avenue. The permissions materially increase development value and offer multiple routes to uplift: implement the consent, let the existing units, or pursue alternative redevelopment subject to consents.
Strengths include excellent road links via the A390/A3082 and improved access to the A30, fast broadband and strong mobile coverage, very low local crime rates and a very large plot ideal for expansion. Material considerations: the existing income is low relative to the site’s potential, redevelopment requires demolition and construction, and the site will be sold by public auction (23 October 2025) which affects timing and purchaser due diligence needs.
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