Alverton Street, Penzance, TR18

This former public house has been transformed into a fully residential property, offering significant redevelopment and conversion possibilities. Spanning three levels, it presents an excellent opportunity for investors or developers looking to maximize its potential as either a unique residential space or a creative commercial venture, subject to the necessary permissions. The ground floor retains many original features from its pub days, including two spacious reception areas and utility facilities that could be reconfigured to suit modern living or working needs. The first floor comprises flexible accommodation with the potential to serve various purposes, such as a living area combined with workspace, featuring an en-suite bedroom, a large additional room ideal for office use or further bedrooms, and an open-plan section ripe for customization. The top floor includes three more rooms, a shower room, and an additional kitchen area. Given its layout, there is ample scope to convert this property into self-contained flats or adapt it for mixed-use applications like galleries or cafes—subject to planning consent. Externally, it benefits from a private courtyard and ownership of adjacent pavement space which allows off-road parking for two vehicles. This Grade II listed building holds historical charm while offering flexibility in modern usage; particularly appealing is the attractive multi-paned front windows which contribute to its character. Prospective buyers are encouraged to conduct their own inquiries regarding listings and permitted uses. Located in the vibrant market town of Penzance near Mounts Bay in South West Cornwall, this property is surrounded by essential amenities as well as cultural attractions such as Jubilee Pool and Morrab Gardens. With nearby towns like Newlyn and Marazion just a short drive away, this versatile property holds substantial investment potential in a notable setting.