40-41 Causewayhead, Penzance, Cornwall

This freehold property is strategically positioned in the heart of Penzance, along the highly frequented pedestrianised Causewayhead, an area known for its diverse retail and residential offerings. The property presents a unique investment opportunity, currently benefiting from approved planning permission to transform part of the ground floor into commercial space while converting the upper and rear ground floors into four residential flats—three one-bedroom units and a two-bedroom unit. With substantial existing rooms on the ground floor and additional access to a flat roof on the first floor, there is significant potential for modernization and enhancement. The proposed layout includes versatile open-plan living areas that can appeal to both tenants and buyers alike. This property not only offers immediate income potential through its commercial aspect but also promises long-term value through residential conversion. It comes with vacant possession, allowing for flexible development timelines. This is a project ripe for those looking to capitalize on growing demand in this vibrant area of Cornwall.