Currenlty listing 1,973 upcoming property auctions in the UK
Freehold Commercial Building With Planning For Re-Development
Address
See address
Auction date
26 Mar 2026
Guide price
£155,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Status
Upcoming
Description
This is a spacious freehold commercial property located in the heart of Penzance on the busy pedestrianised Causewayhead, surrounded by a variety of retail shops and residential areas.
The building has received planning permission for a transformation, which includes maintaining part of the commercial space on the ground floor while creating several residential flats above and at the rear. The plans feature a mix of one and two-bedroom flats and a substantial amount of living space across multiple floors.
Planning permission was granted by Cornwall Council (ref: PA25/04649) on 29th August 2025.
The property features a significant ground floor area with multiple rooms and facilities as well as upper floor accommodation accessible via internal stairs.
Plans include various units with open-plan living arrangements, dining areas, and necessary facilities for modern living.
The property will be sold with vacant possession.
Last update: 06 Mar 2026
Similar property auctions
Search more auctions
Available freehold commercial property with full vacant possession, fully restored and upgraded with original features. Ideal for various uses including daycare, gym, or retail space.
Auction Date
26 Mar 2026
Guide Price
£170,000
Situated on Shorehead near the waterfront, this property is heavily discounted for auction sale and ideal for investors or business owners. The commercial unit has a prominent street frontage and flexible space suitable for various business uses. Above is a self-contained residential unit, providing rental income potential or convenient living space for the business owner.
Auction Date
25 Mar 2026
Guide Price
£185,000
This mid-terraced investment opportunity extends around 107.13 square meters. It has been leased to 'Fire and Slice Pizza' with an initial rent of £15,000 per annum increasing to £17,000 in year three. A six-month deposit is held, and a five-month rent-free period starts from March 2026. The property benefits from Market Street frontage and has a rear loading area.
Auction Date
26 Mar 2026
Guide Price
£140,000
This superb mixed-use investment opportunity has commenced conversion of the upper floor into three one-bedroom apartments. It is located on Bridge Street in Warrington and comprises a ground floor commercial premises along with approved residential development potential. The current commercial unit is leased, generating an annual income of £15,000, with plans allowing for additional residential units that could fetch £30,600 per annum upon completion.
Auction Date
25 Mar 2026
Guide Price
£175,000
This property is a two-storey mixed-use investment located in the historic village of Market Drayton. The ground floor is a retail unit, currently vacant, while the upper floors consist of two flats occupied with tenants on AST agreements. Nearby, you'll find local amenities including shops and restaurants. The ground floor retail area is approximately 50.05 square meters, and offers access to a cellar.
Auction Date
20 Apr 2024
Guide Price
£175,000
Excellent opportunity to acquire a detached mixed-use investment property producing a strong and increasing rental income, making it ideal for investors and buy-to-let landlords seeking a ready-made income generating asset.
Auction Date
25 Mar 2026
Guide Price
£175,000