Here at Unoque Property Bulletin, this publication is run by volunteers and provided to you at no charge.
But for our day job you have a crew that range from harbourmaster + firefighter + nurse + IT professional +the equivalent of one of those folk from the tv series Fragons’ Fen.
The day-job of all of us (and even the firefighters and ship captains + doctors and nurses who have kept this publication going for 40 years have a day job/side-interest…
Renovating shut-shops and helping new start businesses create jobs and bring the High Streets back to life. That also includes bringing village shops back to life + helping preserve “the last bank or the last pub in the village”. Even the last hotel!
That has become a passion over the years.
So when we see a handsome building such as this come up wwfor sale, and the history behind it, especially the courage of the local,farmer Walter Hicks in 1851, then we would be tempted to buy this building ourselves. However, with 9 projects on the go, and we are supposed to just be an obscure website run but by eccentrics.
=> Ao this project is presented for one of our readers to consider.
you will have an interest nhjwhwwh
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Our story began in 1851 when founder Walter Hicks mortgaged his farm for £1,500 to set up a new family business in St Austell.
A humble beginning
Walter started out as a modest wine merchant and maltster before buying the local Seven Stars Inn in 1863. Nestled on East Hill in St Austell, it was here where he learned the art of brewing.
The business rapidly outgrew its original site, leading to relocation on Tregonissey Lane in 1893, where St Austell Brewery remains to this day. There have been many alterations and improvements over the years, but the essential brewhouse of 1893 still sits firmly at the heart of it all. Read more about our brewhouse here.
Source: Click
From the £1,500 that Steam Brewery founder, Walter Hicks raised by literally “betting the farm” to bring his business vision to life in 1851, at a
of a viable business that would employ hundreds and provide a social amenity for thousands of folk in Cornwall, all at a time when there had been an economic depression 14 years earlier in 1837and the Poor Laws with the workhouse and destitution were still a very real thing here, we believe Walter Hicks was a bery courageous farmer and brewer. The multimillion pound business can be studies in real time (and brewery visits arranged): here.
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Former Brewery
With Planning Permission For 9 Flats
St Austell, Cornwall, PA25 4BB
Auction Guide: £390,000.
A historic building within the heart of St. Austell with Planning Permission to convert into 9 residential apartments. The property was built as a Steam Brewery by Walter Hicks in the 19th Century and was the former home of St. Austell Brewery. Currently, the property is let to three commercial tenants generating £45,668.13 per annum with a further unit currently vacant. The vacant office is currently advertised for £10,800 per annum and so the whole property could generate circa £56,000 per annum.
Tregonissey House, Market Street,
St. Austell, Cornwall PL25 4BB
By Kind Permission if Derek Harper & Geograph
Aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaassss
Therefore, the opportunities are to either retain the property as a commercial investment or utilise the Planning Permission and convert the building.
David Smith & Geograph
The lower ground floor, occupied by Millerson Estate Agents, is not affected by the Planning Permission and can continue to produce income once the apartments are completed.
There has recently been significant works completed on the building where the roof and windows were overhauled/replaced.
Tenure
Freehold
AUCTIONEERS NOTE
The property is to be offered with planning consent for: ‘Change of Use to C3 to create 9 residential units on ground, first, second and third (loft) floors whilst lower ground floor remains as Use Class A2. Demolition to interior, alterations to existing windows and doors and addition of roof lights and dormers to roof’. Further information can be found using the Cornwall Council Planning Portal using the reference PA20/06665.
COMMERCIAL INCOME
Lower Ground Floor: Millersons LLP – £11,518.13 pa. Ground Floor: Victoria Community Care – £7,750 pa. First, Second & Third Floor (front): £26,000 pa. Two Parking Spaces To Rear: May Whetter Grosse – £400 pa (informal arrangement) First & Second Floor Office: Vacant – currenty advertised for £10,800 pa. For further information in please refer to the legal pack.
Michael Dibb & Geograph
Auction House South West Details: Click
Rightmove Details: Click
