£160,000

Property for sale

  1.  26 Church Street, Launceston, Pl15 8Ar
  2.  26 Church Street, Launceston, Pl15 8Ar
  3.  26 Church Street, Launceston, Pl15 8Ar
Auction

From

£160,000

Property for sale

Church Street, Launceston PL15

Local area information

Property location

Nearby amenities

  • Windmill Hill Academy 0.2 miles
  • St Joseph's School 0.5 miles
  • Torpoint Ferry Terminal 19.6 miles
  • Devonport Ferry Terminal 19.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Launceston to find out more about the area.

Features and description

  • Of interest to investors.
  • An attractive Grade II* Listed building
  • Arranged as a ground floor shop with a three bedroom self-contained maisonette above.
  • High Street retail investment.
  • Retail tenant has two other units
  • Currently producing £16,260 per annum
  • Scaffolding for redecoration of facade which is now complete
Strapline

Auction Sale - 20/09/2023

Of interest to investors. An attractive Grade II* Listed building arranged as a ground floor shop with a three bedroom self-contained maisonette above. High Street retail investment. Currently producing £16,260 per annum

Location

Church Street is in the centre of Launceston and within the predominant retail area of the Town.

It has a significant footfall and runs between High Street and Broad Street.

Other nearby occupiers include Hush Hair & Beauty, Superdrug, Kievells Estate Agents and the Cooperative together with many independent boutique traders

Transport

Launceston Station - National Rail

Tenancy

The first and second floor maisonette is let on a 12 month assured shorthold tenancy from 01/04/2021 (now statutory periodic) at a rent of £730 per month.

The ground floor shop is let to Fizzy Launceston Limited trading as a sweet shop on a 6 year lease from 13/03/2023 at a rental of £7,500 per annum. There is a rent review in March 2026

Accommodation

Ground floor shop - Retail area, Kitchen. Approximate floor area 497 sq ft (46.2 sq m)

First floor - Reception room, Kitchen/ Dining room

Second floor - Three bedrooms, Bathroom/wc

More information

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  2. Commercial for sale
  3. Cornwall
  4. Launceston
  5. Church Street

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