Mixed use for sale

Guide Price £340,000 (plus fees). For Sale via Unconditional Livestream Auction on 25th March 2026 at 11am. A Mixed Use Commercial Premises with a Three Bedroom Maisonette above in Penzance, Cornwall. Legal pack available to download free of charge from our website.

Café and Three Bedroom Apartment

Well presented freehold three storey period property comprising a licensed daytime café (approximately 50 covers) on the ground floor with commercial kitchen and customer facilities, and a self-contained three bedroom, two bathroom apartment arranged over the first and second floors with roof terrace and separate access.

Located on a busy trading street in central Penzance. Established business trading year-round, with potential for alternative use or residential/holiday letting of the upper floors.

AUCTIONEERS NOTE A holiday let valuation provided in 2025 indicated a projected annual gross income of approximately £36,772–£40,639. This figure is for guidance purposes only.

We have been informed that the café achieved a gross profit of £89,705 for the financial year 2024/2025, ending March 2025, with a reported net profit of £24,911.

The café currently operates during daytime trading hours only, as chosen by the seller. However, there is a licence in place that permits the sale of alcohol until 12:00am, providing the option to extend trading into the evening if desired.
ACCOMMODATION CAFE
Dining Area: 10.19m x 7.19m
Kitchen: 5.64m x 2.69m
Store One: 2.03m x 1.73m
Store Two With Staff WC: 4.72m x 3.18m
Customer WC One
Customer WC Two

APARTMENT

FIRST FLOOR
Kitchen: 6.53m x 3.25m
Living/Dining Room: 6.40m x 4.88m
Bedroom Three: 3.66m x 1.65m
Bathroom
Bedroom Two: 3.66m x 3.20m

SECOND FLOOR
Bedroom One with Ensuite: 5.59m x 4.83m

EXTERNAL
Terrace: 7.62m x 3.45m
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.
VIEWINGS Please telephone Auction House South West on[use Contact Agent Button] to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.

Tenure: Freehold

EPC Rating: Cafe: B37 Apartment: E47

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.