COMMERCIAL
Church Street, Launceston, Cornwall, PL15
Guide Price
£195,000
- PROPERTY TYPE
Retail Property (high street)
- SIZE
Ask agent
Key features
- Commercial and residential investment
- property
- Grade II listed building in prime location
- Ground floor shop with basement providing approximately 50.27 sq m (540 sq ft)
- Two separate flats with tenants in situ
Description
Commercial and residential investment property in Grade II listed building set over four floors comprising ground floor shop with basement providing approximately 50.27 sq m (540 sq ft) and two separate flats.
A Grade II listed freehold building set over four floors comprising retail premises on the ground floor and two separate flats.
There is a studio flat on the first floor currently let on an Assured Shorthold Tenancy at a rent of £480 per annum, whilst on the second floor a further one bedroom flat is currently let on an Assured Shorthold Tenancy at a rent of £575 per annum.
LOCATION
The property is situated in Church Street close to the historic St. Mary Magdalene Church just of the main retail area of Launceston town Square. Launceston, the ancient capital of Cornwall sits astride the A30 dual carriageway spine road through Cornwall and Devon. Nestling under the dramatic ruins of a Norman Castle, the town offers a good range of social, commercial and shopping facilities with 24 hour supermarket, primary and secondary schools, leisure centre at Coronation Park, hospital, doctor’s surgery and veterinary surgeries.
The convenience of the A30 provides ease of access to the city of Exeter, 44 miles to the east providing M5 motorway link, Intercity Rail Link and International Airport. The city of Plymouth is 28 miles to the south providing Continental Ferry Port and Intercity Rail Link.
In all directions from Launceston there is scenery of outstanding natural beauty. To the north is rugged coastline famed for popular family surfing beaches and picturesque former fishing villages, the open expanses of Bodmin Moor are to the west ideal for walking and riding, Dartmoor National Park is to the east and running southwards to Plymouth Sound with all it’s yachting facilities on the south coast are the hidden secrets of the Tamar Valley steeped in 18th Century mining history and renowned for Salmon fishing.
Ground Floor Shop
Shop
Providing 17.24 sq m (185 sq ft) Glass windows to the front elevation. Power connected.
Rear Lobby Area
Providing 2.35 sq m (25 sq ft)
There is access to the flats from rear lobby area. The rear lobby area also has access onto the side passage. The rear lobby area also provides access to the shop.
Office / Store Area
Providing 13.44 sq m (145 sq ft)
Communal Stairs lead to the first floor giving access to:-
Communal Hallway
Window to the side elevation, doors leading to rooms and top floor flat. Carpeted.
Office/Store
Window to the side elevation, feature fireplace, electric heater and carpeted.
Washroom Facilities
Window to the side elevation, low level W.C, wall hung sink with mixer tap. Carpeted.
The shop is currently let on a five year lease at a figure of £550 per calendar month which commenced November 2024.
Studio First Floor Flat
Kitchen
Window to the rear elevation, range of base and eye level units with work surface over, inset electric hob with oven below and extractor fan above, inset stainless steel sink and drainer, space for washing machine.
Living / Dining room
Two windows to the front elevation, feature fireplace, door into storage cupboard. Carpeted, space for living / dining room furniture.
Bathroom
Suite of low level W.C, pedestal wash hand basin, corner shower cubicle.
Agents Note
The current tenant is on an assured short hold tenancy and pays £480 per calendar month.
Access to the studio flat is gained by crossing the communal hallway leading to the Second floor flat.
SECOND FLOOR FLAT
Accessed from the communal hallway
Access via secure wooden door.
Stairs rising to hallway. Doors leading to all rooms.
Bedroom
Window to the side elevation, feature fireplace, electric heater and carpeted. Space for bedroom furniture.
Bathroom
Floor to ceiling tiles, access into airing cupboard, pedestal wash hand basin, low level W.C and panel enclosed bath with electric shower above.
Kitchen
Window to the rear elevation, range of base and eye level units with work surface over, inset stainless steel sink with drainer and mixer tap. Inset electric hob with extractor fan above and oven below. Space for washing machine, vinyl flooring and electric heater.
Living / Dining Room
Two windows to the front elevation looking over the town, feature fireplace, carpeted, two electric radiators, space for living room furniture and dining room table.
Stairs from the hallway lead to top floor bedroom.
Attic Room
Window to the front elevation, space for bedroom furniture, electric heater and carpeted.
Store Room
Window to the front elevation and space for storage.
Agents Note
There is a tenant moving in week commencing the 11th August on an assured short hold tenancy and will be paying £575 per calendar month.
SERVICES
Mains electricity, water and drainage.
EE Rating - Both flats are E. Shop is E.
Council tax band - Both flats are Band A
Rateable Value - The current ratable value as shown on the Government website is £4,350 per annum.
Directions
What3Words – mingles.support.elevator
A Grade II listed freehold building set over four floors comprising retail premises on the ground floor and two separate flats.
There is a studio flat on the first floor currently let on an Assured Shorthold Tenancy at a rent of £480 per annum, whilst on the second floor a further one bedroom flat is currently let on an Assured Shorthold Tenancy at a rent of £575 per annum.
LOCATION
The property is situated in Church Street close to the historic St. Mary Magdalene Church just of the main retail area of Launceston town Square. Launceston, the ancient capital of Cornwall sits astride the A30 dual carriageway spine road through Cornwall and Devon. Nestling under the dramatic ruins of a Norman Castle, the town offers a good range of social, commercial and shopping facilities with 24 hour supermarket, primary and secondary schools, leisure centre at Coronation Park, hospital, doctor’s surgery and veterinary surgeries.
The convenience of the A30 provides ease of access to the city of Exeter, 44 miles to the east providing M5 motorway link, Intercity Rail Link and International Airport. The city of Plymouth is 28 miles to the south providing Continental Ferry Port and Intercity Rail Link.
In all directions from Launceston there is scenery of outstanding natural beauty. To the north is rugged coastline famed for popular family surfing beaches and picturesque former fishing villages, the open expanses of Bodmin Moor are to the west ideal for walking and riding, Dartmoor National Park is to the east and running southwards to Plymouth Sound with all it’s yachting facilities on the south coast are the hidden secrets of the Tamar Valley steeped in 18th Century mining history and renowned for Salmon fishing.
Ground Floor Shop
Shop
Providing 17.24 sq m (185 sq ft) Glass windows to the front elevation. Power connected.
Rear Lobby Area
Providing 2.35 sq m (25 sq ft)
There is access to the flats from rear lobby area. The rear lobby area also has access onto the side passage. The rear lobby area also provides access to the shop.
Office / Store Area
Providing 13.44 sq m (145 sq ft)
Communal Stairs lead to the first floor giving access to:-
Communal Hallway
Window to the side elevation, doors leading to rooms and top floor flat. Carpeted.
Office/Store
Window to the side elevation, feature fireplace, electric heater and carpeted.
Washroom Facilities
Window to the side elevation, low level W.C, wall hung sink with mixer tap. Carpeted.
The shop is currently let on a five year lease at a figure of £550 per calendar month which commenced November 2024.
Studio First Floor Flat
Kitchen
Window to the rear elevation, range of base and eye level units with work surface over, inset electric hob with oven below and extractor fan above, inset stainless steel sink and drainer, space for washing machine.
Living / Dining room
Two windows to the front elevation, feature fireplace, door into storage cupboard. Carpeted, space for living / dining room furniture.
Bathroom
Suite of low level W.C, pedestal wash hand basin, corner shower cubicle.
Agents Note
The current tenant is on an assured short hold tenancy and pays £480 per calendar month.
Access to the studio flat is gained by crossing the communal hallway leading to the Second floor flat.
SECOND FLOOR FLAT
Accessed from the communal hallway
Access via secure wooden door.
Stairs rising to hallway. Doors leading to all rooms.
Bedroom
Window to the side elevation, feature fireplace, electric heater and carpeted. Space for bedroom furniture.
Bathroom
Floor to ceiling tiles, access into airing cupboard, pedestal wash hand basin, low level W.C and panel enclosed bath with electric shower above.
Kitchen
Window to the rear elevation, range of base and eye level units with work surface over, inset stainless steel sink with drainer and mixer tap. Inset electric hob with extractor fan above and oven below. Space for washing machine, vinyl flooring and electric heater.
Living / Dining Room
Two windows to the front elevation looking over the town, feature fireplace, carpeted, two electric radiators, space for living room furniture and dining room table.
Stairs from the hallway lead to top floor bedroom.
Attic Room
Window to the front elevation, space for bedroom furniture, electric heater and carpeted.
Store Room
Window to the front elevation and space for storage.
Agents Note
There is a tenant moving in week commencing the 11th August on an assured short hold tenancy and will be paying £575 per calendar month.
SERVICES
Mains electricity, water and drainage.
EE Rating - Both flats are E. Shop is E.
Council tax band - Both flats are Band A
Rateable Value - The current ratable value as shown on the Government website is £4,350 per annum.
Directions
What3Words – mingles.support.elevator
Brochures
ParticularsChurch Street, Launceston, Cornwall, PL15
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gunnislake Station10.4 miles
Notes
These notes are private, only you can see them.
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