Camelford property offers opportunities at auction

A double-fronted shop in a prime position in Camelford town centre is heading to auction in early May.

The ground floor property has a leasehold guide price of £30,000 plus in the third sale of 2023 by the regional land and property auctioneers Clive Emson. 

Located at 14 Market Place, it most recently traded as a hairdresser’s and was previously let at £6,000 per annum.

Senior auction appraiser Katie Semmens said: “This attractive property is located in a prime position in Camelford.

“It offers a multitude of options going forward, subject to the necessary consents. The new owners may wish to use it themselves or let it out to achieve a rental income.”

The property has the remainder of a 999-year lease from November 1991. It is being auctioned jointly with Miller Commercial of Truro.

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Double opportunity near Helston

A double-fronted commercial property in Helston town centre is among land and properties set to go under the auctioneer’s gavel.

The premises at 13 Meneage Street have a freehold guide price of £190,000 plus in the third sale of 2023 by the regional land and property auctioneers Clive Emson. 

They extend to 4,989 sq ft of space over two floors including retail areas, offices and changing rooms plus a goods lift and rear access.

Senior auction appraiser Katie Semmens said: “This well-located property is in a prime position in Helston town centre.

“It was most recently trading as Mackays clothes shop and offers continued use in a similar guise although some may consider a mixed use scheme, subject to the necessary consents.”

The property is being auctioned jointly with Millers Commercial of Truro.

 

Also in the Helston area, a large three-bedroom house and its outbuilding – which has planning permission for the creation of an additional property – has a freehold guide of £430,000.

Wheal Cock Barn in Helston Road, Porkellis, sits on a site extending to 0.27 hectares (0.67 acres).

Its outbuilding has planning permission for the creation of a three-bedroom detached bungalow with parking and a garden.

Senior auction appraiser David Henwood said: “This large house offers tremendous potential as a wonderful family home following a programme of improvement works.

“There is also the benefit of planning permission for its outbuilding to create a three-bedroom detached bungalow.

“Some interested parties may also see the potential for further development due to the generous size of the site, subject to the necessary consents.”

The property is being auctioned in arrangement with MAP Estate Agents of Barncoose.

Also available are two parcels of freehold land at Biscovellett, near St Austell, which are being auctioned separately.

The first field includes a former quarry and extends to 2.67 hectares (6.61 acres).  The second measures 0.96 acres (2.39 acres) and is close to a camp site on the opposite side of the road. Both have guides of £35,000 plus.

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Looe is Beyond Paradise

A freehold block of flats in the seaside town featured in the hit TV series ‘Beyond Paradise’ is going to auction.

Dorrien House – a detached building at 21 Beech Terrace in Looe – has a freehold guide price of £475,000 to £525,000.

The historic fishing port and holiday destination of Looe has featured heavily in the recent ‘Beyond Paradise’ BBC series, a spin-off from the popular Death in Paradise comedy drama.

The block of four flats are among the lots in third sale of 2023 by the regional land and property auctioneers Clive Emson.

Three are currently let, delivering a total of £19,500 per annum. All the flats have two bedrooms, apart from one which has a single bedroom.

Senior auction appraiser David Henwood said: “We expect keen interest from investors in this property, which is in an elevated position with views across the Looe Valley.

“It is considered suitable for continued letting purposes and some parties may wish to explore the redevelopment potential of its substantial garage, subject to the necessary consents.”

David added: “Looe has long been a popular destination and its prominence in the Beyond Paradise series has certainly helped to further raise its profile. For many people, and property owners, it certainly is a little bit of heaven on earth.”

 

Also in Looe, Springfield in Shutta Lane has a freehold guide of £115,000 to £135,000.

A demi-detached, three-storey house with three bedrooms, it is close to the town centre.

David said: “The property requires a programme of improvement works and offers considerable potential.

“This may be for owner-occupation, letting or even for some form of sub-division into flats subject to the necessary consents.”

Springfield is being auctioned in arrangement with Pope Estate, Business and Letting Agents of East Looe.

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Substantial Newquay site for auction

The freehold of a commercial site with development potential in Newquay is heading to auction.

The site at Wesley Yard includes premises used by a well-established motor vehicle repair garage, a row of 10 lock-up garages, a range of lock-up stores, workshops, yards and undercover parking.

It has a freehold guide price of £375,000 plus in the third sale of 2023 by the regional land and property auctioneers Clive Emson. 

Extending to 0.18 hectares (0.45 acres), it is currently part-let at £18,819 per annum.

Senior auction appraiser Katie Semmens said: “This property offers significant opportunities for asset management and rental growth to maximise return on investment in this property.

“There is also potential for some form or commercial, residential or mixed development, all subject to the necessary consents.

“We expect keen interest in this site, which is in a mixed-use part of Newquay close to the town centre.”

Units at the yard are variously let as a yoga studio, storage, an artist’s studio, workshops, lock-up garages and as Atlas Garage for motor vehicle repairs.

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Darling bids of May

A house of multiple of occupancy in Redruth which has been under the same ownership for 30 years is lined up for auction.

Selsdon in Barncoose Terrace, Illogan Highway, has seven rooms – with six currently let – delivering a total of £27,404 per annum.

It has a freehold guide price of £190,000 plus in the third sale of 2023 by the regional land and property auctioneers Clive Emson. 

Senior auction appraiser Katie Semmens said: “Selsdon has been under the same ownership for more than 30 years so this is a rare opportunity to acquire a well-established investment properties with plenty of potential.

“It is expected to appeal to for landlords seeking to add to their portfolio as well as developers seeing potential for sub-division into flats and extension into the garden, subject to the necessary consents.”

Selsdon is being auctioned in arrangement with Bill Bannister estate agents of Redruth.

 

Also in Redruth, a large town house with four bedrooms and three receptions rooms at 114 Albany Road has a freehold guide of £155,000 plus.

Katie said: “This attractive semi-detached house is in a sought-after location with Victoria Park and an array of local amenities nearby.

“As well as its four bedrooms and three reception rooms, it has a detached garage and good sized garden.”

The property is being auctioned in arrangement with MAP Estate Agents of Barncoose.

Also available is a former artist’s studio in Gwavas Road, Newlyn, with a freehold guide of £190,000 plus.

The two-storey Trewarven Studio sits in an elevated position on a site measuring 0.09 hectares (0.21 acres).

Katie said: “This is a fantastic opportunity to acquire a detached two-bedroom residence on a good size plot overlooking Newlyn.

“Once an artist’s residence, it now requires complete updating internally and externally. It would make a lovely family home although there is also graphic potential for further development subject to the necessary consents.

“Some parties may also consider development within its grounds, from where there are views of the iconic St Michael’s Mount, subject to the necessary consents.”

Trewarven Studio is being auctioned in arrangement with Stacey Mann estate agents of Penzance.

 

 

Clive Emson Auctioneers holds auctions eight times a year, with offices in Essex, Kent, Sussex, Hampshire and the West Country.

One of the top five property auctioneers in the UK, it has 130 lots on offer in its third auction of 2023, which ends on Thursday May 4.

Visit https://www.cliveemson.co.uk for more details.