The Octagon Baptist Church stood on the site through the 1800s. It was converted in 1910, into a ‘picturedrome’, latterly the Regal Cinema.
The site was cleared in the 1960s to make way for a modernist 6 storey building which housed a tax office until 2009.
Dubbed one of the country’s ugliest buildings in 2007, by the RIBA, MBTL bought the half-empty building in 2012, and immediately drew up an improvement plan. We have since invested over £250k in external and internal refurbishments. Future phases of the refurbishment programme will see both the exterior and interior of the building transformed further.

Flexible town centre space

Located in the centre of town, just around the corner from the glorious Morrab Gardens, and with inspiring far reaching 360° views over Mount’s Bay, PZ360 is the largest private sector commercial building in Penzance.
The six-storey building includes 17,000 sq ft of self-contained offices from 315 to 6,600 sq ft to meet your business needs.

The Workbox

The Workbox provides a unique service to homeworkers and micro businesses: a place to work from, network in, hold meetings and events, give presentations. Great facilities from state of the art video-conferencing to brilliant coffee are available to members, who pay to use anything from a desk space a few hours a month to a dedicated lockable office.
The Workbox has 40 members using the office for a variety of business ventures from deep water scanning, football trials, graphic design, magazine editing, online legal advice and architecture.


PZ360 is brought to you by MBTL, which aims to provide creative and innovative property, site and landscape solutions. Through our commercial property investments, we hope to help drive successful and thriving town centres by providing high quality, flexible space for larger employers, smaller companies and fledgling businesses in Cornwall.

Our business encompasses:

• property investment, development and management in Cornwall
• consultancy and development service for private and public sector clients (South West/London)
• garden and landscape design and consultancy services for private and public realm clients

Bill Radmore, MD.


From left, the Octagon Baptist Church, the Regal Cinema and one of the only existing images of Penlowarth.