ShareSave
£25,000

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

CallsDataEE Good GoodO2 Good GoodThree Good GoodVodafone Good Good

Outdoor predictions; 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

Iceland Penzance, Penzance59 metres
Tesco Davy Penzance Express, Penzance122 metres
Co-op Penzance, Penzance220 metres

GP surgery

Morrab Surgery518 metres

Pharmacy

Boots118 metres

Hospital

West Cornwall Hospital (Penzance)647 metres

Green space

Allotments Or Community Growing Spaces214 metres

Walking trail

South West Coast Path143 metres

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

Penzance Rail Station181 metres

Nearest bus stop

Market Jew Street45 metres

Typical drive times

Newlyn5 min · 1.4 miles
St Just12 min · 7.3 miles
Marazion7 min · 3.6 miles
Penzance1 min · 0.3 miles
Truro (city)39 min · 28 miles

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

From Environment Agency flood map open data, checked around the advertised map pin and allowing for the listed acreage where known. This summary comes from LandSale, the advertising platform, not from the listing agent, and is not part of the agent's particulars. Risk can vary across a single holding, so verify anything critical through your own searches before committing.

Rivers and the sea

Flood Zone 1Lower risk

Surface water

Outside the mapped risk bandsVery low risk

The detail behind these bandings

The full report pinpoints where this location sits on the flood maps, and runs the deeper checks that usually only surface after an offer.

  • Exact flood zones & annual chances (included in the full report)
  • Any recorded past flooding (included in the full report)
  • Planning activity nearby (included in the full report)
  • Heritage & conservation (included in the full report)
  • Protected nature designations (included in the full report)
  • Ground risks (included in the full report)
  • Sold prices nearby (included in the full report)

£14.99 · one-off purchase

By LandSale, the platform. Not provided by the listing agent. Ready in about a minute.

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.

Contact BLUE ALPINE PARTNERS LIMITED, London

View agent profile

About you

Please note that LandSale will send the above details to BLUE ALPINE PARTNERS LIMITED, London only. By submitting this form, you confirm that you agree to our terms of use, our privacy policy.