Church Street, Launceston, Cornwall PL15
£69,950
- Reference LAU250199
Features
- Well-presented retail premises
- Located at the heart of Launceston’s prime retail area
- Excellent footfall with large window display area
- Established tenant on rolling lease agreement
- Excellent investment opportunity
- EPC Rating C
Description
Remainder of 999 year leasehold prime high street retail opportunity currently tenanted by established business. Presented in excellent order throughout comprising large shop window display, retail area, 2 x changing rooms, storeroom and private cloakroom. Sort after investment opportunity.
Remainder of 999 year leasehold prime high street retail opportunity currently tenanted by established business. Presented in excellent order throughout comprising large shop window display, retail area, 2 x changing rooms, storeroom and private cloakroom. Sort after investment opportunity in the town centre.
LOCATION
Church Street occupies a prominent position on the principal retail pedestrian route at the heart of the prime shopping area of Launceston.
Launceston is a historic Cornish former market town situated just inside Cornwall on the border with Devon midway between the city of Plymouth on the south coast (25 miles) and the coastal resort town of Bude on the north coast (20 miles). Launceston sits astride the A30 dual carriageway spine road for Cornwall and Devon. To the east the city of Exeter (42 miles) provides intercity rail link, expanding airport and M5 motorway. To the west Truro, Cornwall’s Cathedral town (46 miles).
Launceston has retained an interesting mix of retail offerings due to its convenient location beside the A30. The town has independent and national stores with high occupancy rates within the prime commercial area, attracting notable service providers in recent years.
RETAIL AREA
7.79m X 3.84m (25'6" x 12'07")
Till area to the front beside large picture window to the high St. Wood effect flooring throughout, strip and track spot lighting, cupboard housing electric meter and trip switches and all walls with slatwall coverings. Two changing room areas with wall mirrors and lighting and one with electric panel heater.
STORE ROOM
3.21m x 2.20m (10'7" x 7'2")
Fitted carpet, storage shelving, strip lighting and door to WC.
CLOAKROOM
Mid level WC and hand wash basin with electric hot water tank over.
CURRENT TENANT
The tenant is longstanding with a successful business and currently on a rolling monthly agreement paying £500 PCM.
The tenant has also made the agent aware that she would consider selling the business due to potential retirement.
SERVICES
Mains water, electricity and drainage.
EE RATING
C
SHOP TENURE
A 999 year lease commenced on the 12th September 2000 with a £1 peppercorn ground rent.
BUSINESS RATES
Rateable value £3750
Gross Busines Rates £1871.25 before relief.
VIEWINGS
Please ring 01566 777 777 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE:-
www.kivells.com/commercial-property/
W3W LOCATION
///sums.couriers.paid
DISCLAIMER
Kivells, their clients, and any joint agents give notice that they are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, boundaries, measurements, or distances are approximate. The text, photographs, CGI’s, and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Kivells have not tested any services, equipment, or facilities. The property is sold subject to all matters in the Property and Charges Register, including rights of way, wayleaves, and easements. Purchasers are deemed to know all boundaries; neither the vendor nor agents will define them. Boundary disputes will be decided by the vendor’s agent. Nothing in these particulars constitutes financial advice. Seek your own financial advice. Using Mortgage Genies SW Ltd. services will result in a referral fee of £250 + VAT to Kivells. Kivells retains copyright to all sales particulars, photographs, floor plans, sketches, and advertisements.
Remainder of 999 year leasehold prime high street retail opportunity currently tenanted by established business. Presented in excellent order throughout comprising large shop window display, retail area, 2 x changing rooms, storeroom and private cloakroom. Sort after investment opportunity in the town centre.
LOCATION
Church Street occupies a prominent position on the principal retail pedestrian route at the heart of the prime shopping area of Launceston.
Launceston is a historic Cornish former market town situated just inside Cornwall on the border with Devon midway between the city of Plymouth on the south coast (25 miles) and the coastal resort town of Bude on the north coast (20 miles). Launceston sits astride the A30 dual carriageway spine road for Cornwall and Devon. To the east the city of Exeter (42 miles) provides intercity rail link, expanding airport and M5 motorway. To the west Truro, Cornwall’s Cathedral town (46 miles).
Launceston has retained an interesting mix of retail offerings due to its convenient location beside the A30. The town has independent and national stores with high occupancy rates within the prime commercial area, attracting notable service providers in recent years.
RETAIL AREA
7.79m X 3.84m (25'6" x 12'07")
Till area to the front beside large picture window to the high St. Wood effect flooring throughout, strip and track spot lighting, cupboard housing electric meter and trip switches and all walls with slatwall coverings. Two changing room areas with wall mirrors and lighting and one with electric panel heater.
STORE ROOM
3.21m x 2.20m (10'7" x 7'2")
Fitted carpet, storage shelving, strip lighting and door to WC.
CLOAKROOM
Mid level WC and hand wash basin with electric hot water tank over.
CURRENT TENANT
The tenant is longstanding with a successful business and currently on a rolling monthly agreement paying £500 PCM.
The tenant has also made the agent aware that she would consider selling the business due to potential retirement.
SERVICES
Mains water, electricity and drainage.
EE RATING
C
SHOP TENURE
A 999 year lease commenced on the 12th September 2000 with a £1 peppercorn ground rent.
BUSINESS RATES
Rateable value £3750
Gross Busines Rates £1871.25 before relief.
VIEWINGS
Please ring 01566 777 777 to view this property and check availability before incurring travel time/costs. FULL DETAILS OF ALL OUR PROPERTIES ARE AVAILABLE ON OUR WEBSITE:-
www.kivells.com/commercial-property/
W3W LOCATION
///sums.couriers.paid
DISCLAIMER
Kivells, their clients, and any joint agents give notice that they are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, boundaries, measurements, or distances are approximate. The text, photographs, CGI’s, and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Kivells have not tested any services, equipment, or facilities. The property is sold subject to all matters in the Property and Charges Register, including rights of way, wayleaves, and easements. Purchasers are deemed to know all boundaries; neither the vendor nor agents will define them. Boundary disputes will be decided by the vendor’s agent. Nothing in these particulars constitutes financial advice. Seek your own financial advice. Using Mortgage Genies SW Ltd. services will result in a referral fee of £250 + VAT to Kivells. Kivells retains copyright to all sales particulars, photographs, floor plans, sketches, and advertisements.
Documents
Floor Plans
