40-41 Causewayhead, Penzance, Cornwall

This freehold property offers a unique opportunity for both residential and commercial use, located centrally in the bustling area of Penzance on the desirable pedestrianised Causewayhead. The building features planning permission for the conversion of the upper floors and rear ground floor into four residential flats, consisting of three one-bedroom units and one two-bedroom unit, alongside two retail spaces on the ground floor. The current layout presents substantial rooms on the ground floor with potential for reconfiguration. The proposed change can transform this space into a lucrative investment, appealing to both small business owners and residential tenants. Given its prime location and existing planning approvals, this property is ripe for development with significant renovation potential that could enhance its value considerably.