Chapel Street, Penzance, Cornwall, TR18 4AQ

Listed 21 Sept 2026 · Penzance
A particularly individual and stylish mixed-use property in the heart of Penzance, combining a commercial ground floor with beautifully presented residential accommodation above. Chain free and to be sold with vacant possession, the property offers approximately 1,518 sq ft of versatile accommodation arranged over three floors. The building has a really distinctive feel throughout, with a contemporary, design-led interior that works brilliantly alongside the period character of the property. The current layout provides a commercial space at ground-floor level, while the upper floors form a spacious three-bedroom home. The ground floor is presently arranged as a shop/showroom, with a further office area behind and a substantial kitchen/workshop extending towards the rear. There is also a separate WC and shower room. A former internal doorway between the commercial and residential sections remains in place and could potentially be reinstated, allowing the two parts of the building to connect internally if required, subject to any necessary consents. To the rear is a useful covered courtyard, providing an additional sheltered outside area and further flexibility for storage or day-to-day use. On the first floor is a generous double bedroom with en-suite facilities, together with a separate bathroom, living room and kitchen. The accommodation continues to the second floor where there are two further bedrooms. The interiors are one of the real highlights of the property, with warm timber flooring, bold but considered colours and bespoke contemporary detailing giving the whole building a cool, creative feel without detracting from its period origins. Its mixed-use arrangement makes it particularly versatile, whether continuing with a commercial element below and residential accommodation above, or simply making use of the considerable space in a way that suits the next owner.
Situated in a residential area in central Penzance, within a stone’s throw of Market Jew Street and Chapel Street, this property presents a rare opportunity for those seeking a characterful workshop or project with potential (subject to the necessary consents).
Fully single-glazed wooden door:
Ground Floor
Gallery/Studio 4.57m x 4m Lighting, wooden flooring, shop frontage, fitted storage, Period tiling in entrance hall. Exposed stone. 2 Double wooden single-glazed windows to front.
Reception/Office 4.52m x 3.9m
Single-glazed wooden window to rear, single-glazed wooden window frosted to side, wooden flooring.
Kitchen/Utility Area 2.74m x 5.18m 2 Single-glazed wooden window to side, space for tumble dryer, and under counter freezer, and plumbing and space for washing machine. Water unvented storage system, shelving. Sink with taps and worktops over, power points, alcove with storage. Fitted cupboards.
Stable wooden door into:
Courtyard Wooden gate, Belfast sink, tap. Room for mature plants and shrubs. Lovely patio area. Shelving.
Hallway Stairs rising upto first floor. Single-glazed wooden window to side, wooden door with access into:
Entrance Hall Stairs rising to:
Sliding door into:
Shower 0.91m x 1.24m Heated towel rail, shower panelled, shower with tray, and shower.
W/C 0.86m x 1.22m Wash hand basin, w/c, frosted single-glazed wooden window to rear, shelving.
Outside to Side Washing line. Wall marking the boundary, gate with access onto New Street.
Flat Stairs rising to:
Hallway Alcove with storage, electric consumer unit.
Landing Hallway. Electric consumer unit . Stairs rising to:
First Floor
Bedroom 3 3.96m x 4.27m Wooden flooring, radiator, deep skirting boards, single-glazed wooden window to side, single-glazed wooden window to front, power points.
En-Suite 2.08m x 0.9m Wash hand basin, w/c, heated towel rail. Part-tiled. Shower cubicle with electric shower.
Lounge/Diner 3.63m x 3.66m Wooden flooring, radiator. Single-glazed wooden window to side, single-glazed wooden window to side rear with countryside glimpse, power points.
Bathroom 2.13m x 1.83m Heated towel rail, w/c, wash hand basin, 3/4 tiled, bath with shower taps, vinyl floor, frosted wooden single-glazed window to side. Door into cupboard with shelving.
Kitchen 2.74m x 3.05m Power points, radiator, boiler. Fitted base and eye level units with worktops over, sink with mixer tap, and drainer. Wooden single-glazed window to side, integrated dishwasher, integrated fridge. Lamona electric hob with extractor over, integrated oven, fitted shelving to one wall. Space for table/chairs.
Landing
Single-glazed wooden window to side, cupboard housing meters.
Stairs rising to:
Second Floor
Bedroom 1 4.5m x 4.24m Wooden single-glazed window to side with sea glimpse, single-glazed window to side, radiator.
Bedroom 2 2.4m x 3.07m Radiator, wooden flooring, storage into eaves. Wooden sash single-glazed window to side with incredible view of St. Michaels' Mount, St. Marys Church and across to Marazion.
Council Tax: Band
Services: Electricity, mains drainage. Heating - downstairs electric. Upstairs - Mains gas.
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Median sold prices in TR18 over the last 12 months: terraced £245k · flat £161k · semi-detached £285k · detached £400k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 35 New Street Penzance TR18 2NA | Terraced Freehold | 20 Jan 2026 | £126,000 |
| 36 New Street Penzance TR18 2NA | Terraced Freehold | 8 Dec 2025 | £50,000 |
| 38 New Street Penzance TR18 2NA | Terraced Freehold | 31 Oct 2025 | £255,000 |
| Rosemary Cottage, Abbey Mews, New Street Penzance TR18 2NE | Flat Leasehold | 25 Apr 2025 | £290,000 |
| 26 New Street Penzance TR18 2NE | Flat Leasehold | 27 Mar 2025 | £173,000 |
| 31 New Street Penzance TR18 2NA | Terraced Freehold | 26 Mar 2025 | £272,500 |
| 2 New Street Penzance TR18 2LZ | Terraced Freehold | 29 Apr 2024 | £280,000 |
| 25a, New Street Penzance TR18 2NE | Semi-detached Leasehold | 12 Jan 2024 | £265,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TR18
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Stacey Mann Estates, Penzance on Rightmove (original listing). First listed 21 Sept 2026; details checked 7 Nov 2026. Latest change: added on 21/09/2026.
Disclaimer - Property reference SME260365. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Stacey Mann Estates, Penzance. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.



