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Church Street, Launceston

Key features

  • INVESTMENT PROPERTY
  • £9,000 + INCOME PER YEAR
  • CENTRAL LOCATION
  • FREEHOLD
  • BASEMENT ROOMS
  • PRESENTLY LET ON TEN YEAR LEASE FROM MARCH 2024

Description

A substantial freehold property with A5 use for fast food and was before a retail shop, set on a corner of a busy road and walking thoroughfare just off the main Launceston square, with great window displays, waiting area/kitchen, rear prep room and basement with various store rooms, and WC.

Property - INVESTMENT PROPERTY; A substantial Victorian premises that has has a tenant ( Barber Shop) paying £750 pcm (£9,000 Per annum) on a ten year lease and also the freehold to five further flats that are sold on long 999 year leases where the owner receives a ground rent of £50.00 each PA. They also pay a contribution of 75% of insurance and 75% of any external maintenance.

Location - Launceston is a historic town set at the entrance of Cornwall, with good access to the main a30, lovely rivers, and close convenient for the cites of Plymouth and Exeter. This property is set on the corner of Church street and opposite the main church, leading up to the main square in Launceston, a busy location with good passing trade and with nearby parking.

Services - Mains Water, Electricity, Drainage.

Terms - Freehold

Viewing - Please call our Launceston Office .

Vat - VAT not applicable

Legal Costs - Each party responsible for their own legal costs.



Brochures

Church Street, LauncestonBrochure

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Exempt

Church Street, Launceston

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gunnislake Station10.4 miles
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About the agent

Millerson Commercial, St Austell

5-6 Market Street, St. Austell, PL25 4BB

Millerson Commercial, St Austell

St Austell office offers a full range of services with regard to property. Residential sales, lettings and commercial and business transfer agents.

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Disclaimer - Property reference 32585496. 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 Millerson Commercial, St Austell. 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.

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