Clive Emson · 5 Nov 2026 · in 17 days
Vacant Large Industrial Unit
Unit 8, Stable Hobba Industrial Estate, Stable Hobba, Newlyn, Penzance, Cornwall, TR20 8TL · South West
LiveIndustrialLeaseholdVacantRelisted
- Guide
- £100,000
- Rent a year
- ≈£9,700est.
- Yield on the guide
- ≈9.7%est.
- Payback
- ≈10 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- B
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
B from the government EPC register, lodged 24 May 2026 (certificate 7632-5430-8028-2391-5428). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
- Listed before with Clive Emson for 24 Sept 2026: Unsold. See that listing
Clive Emson's record
Clive Emson's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold industrial lot in Penzance. Offered vacant, so there's no income from day one.
Lot 54, Vacant Commercial. An opportunity to acquire a deceptively spacious industrial unit situated on a busy site with its most recent use being for food/fish production and processing. The property is fitted out for this type of production including three-phase power and solar panel electricity generation, although could easily be adapted for other types of use, subject to all necessary consents being obtainable. Accommodation: Reception/office, staff room with kitchenette, two large preparation/processing rooms with loading bays, ladies and gents W.C.s, store room along with a further cabin office and workshop with electric roller door both being accessed externally. Tenure: Remainder of a 125-year lease from 1st September 1982. Leasehold with Vacant Possession
Figures come from Clive Emson's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.