Land at rear of 90-93 Market Jew Street, Penzance, Cornwall, TR18
- Land size
- 0.05 acres
Key Features
- Rental Income: £2,000 p.a.
- Gross Initial Yield: 8.00%
- Comprises plot of land situated off New Town Lane
- Let until March 2098. No breaks.
Description
Investment Consideration:
Gross Initial Yield: 8.00%
Rental Income: £2,000 p.a.
Let until March 2098. No breaks.
VAT is applicable to this property
Comprises plot of land situated off New Town Lane
Occupiers close by include Peacocks, Nationwide, Sports Direct, Mountain Warehouse, Poundstretcher, RNLI Shop & Iceland amongst others.
Property Description:
Comprises plot of land situated behind 90-93 Market Jew Street, with a size of c 0.05 acres.
Tenancy:
The land is at present let to Charville Estates (Penzance) Limited for a term of 99 Years from 25th March 1999 at a current rent of £2,000 p.a. and the lease contains full repairing and insuring covenants. Reversion 2098.
Location:
Penzance is a market town and a well established tourist centre on the Cornish Peninsular. The town is bordered to the north and east by the A30, a key arterial route through the South-West of England providing direct access to the M5 Motorway and A303. Penzance rail station is within 265 metres of the property providing direct services to London Paddington, Bristol and Exeter. The property is situated and the rear of 90-93 Market Jew Street. Occupiers close by include Peacocks, Nationwide, Sports Direct, Mountain Warehouse, Poundstretcher, RNLI Shop & Iceland amongst others.
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-07-17
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
1.8 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Mobile signal
Predicted 4G and 5G signal; indoor signal depends on building materials.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- St Mary's Catholic School, Penzance659 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 139
- Type
- Academy converter
- Faith
- Roman Catholic
- St Mary's CofE Primary School, Penzance821 metresNo Ofsted rating
- Ages
- 3 to 11
- Pupils
- 141
- Type
- Voluntary aided school
- Faith
- Church of England
- Pensans Community Primary School0.6 milesOfsted: Requires improvement
- Ages
- 2 to 11
- Pupils
- 139
- Type
- Academy converter
- Alverton Primary School0.8 milesOfsted: Good *
- Ages
- 2 to 11
- Pupils
- 386
- Type
- Academy converter
- Gulval School0.9 milesNo Ofsted rating
- Ages
- 2 to 11
- Pupils
- 223
- Type
- Academy sponsor led
Secondary
- Humphry Davy School678 metresOfsted: Good
- Ages
- 11 to 16
- Pupils
- 740
- Type
- Foundation school
- Mounts Bay Academy1.1 milesOfsted report card · Mar 2026
- Ages
- 11 to 16
- Pupils
- 922
- Type
- Academy converter
- St Ives School6.1 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 580
- Type
- Academy sponsor led
- Cape Cornwall School6.8 milesOfsted: Good
- Ages
- 11 to 16
- Pupils
- 302
- Type
- Academy sponsor led
- Hayle Academy7.1 milesOfsted report card · Jun 2026
- Ages
- 11 to 16
- Pupils
- 623
- Type
- Academy converter
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Walking trail
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. The map pin for this listing marks the postcode area rather than the exact location, so these readings describe the surrounding area. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.
Rivers and the sea
Planning map: Flood Zone 1.
Surface water
Not at the pin: mapped about 10 metres away.
These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
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1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
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2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
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© LandSale | Version 1.3 - August 2026
Listing agent
BLUE ALPINE PARTNERS LIMITED, London