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Commercial property for sale

Tower Street, Launceston

Sold STC £325,000

Property Description

Key features

  • Freehold Investment Property Fully Let (Two Tenants)
  • Passing Rent £27,000 pa on Repairing and Insuring Leases
  • Prominent and Detached Modern Building Beside the Town Centre
  • Substantial Premises with Adjoining Car Park and Convenient Gated Vehicular Access

Full description

The premises comprise a purpose built commercial property developed in the 1970s with retail floor space used as ground floor offices and retail/storage space used as such at the lower ground floor. At the rear of the property is a generous gated car park capable of accommodating some 16 cars.

The premises are located in a street which leads into the  long established retail area of the town. The premises enjoying a pedestrian flow as a result of being located adjacent to two of the town’s car parks. 

Other businesses in the town include Boots the Chemist, Specsavers, Day Lewis, Lloyds, Santander, HSBC and Barclays Banks, Superdrug, WH Smiths, William Hill and HBH Woolacotts.

Traditionally known as the gateway to Cornwall sitting astride the A30 dual carriageway spinroad, the town is considered strategically located for Cornwall and Devon with a better balance of travel distance to all parts of the two counties than any other centre.

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