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COMMERCIAL

Freehold Investment, Riverside Court, The Quay, West Looe, Looe, Cornwall

£450,000
Popes Estate Agents, East Looe
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Freehold Investment Opportunity
  • Rental Income
  • Potential for further income
  • Purpose Built Block

Description

A freehold Investment opportunity located in Looe, Cornwall. The property has been in the same ownership for 30 plus years and has been professionally managed for the same period. The shops have always been occupied generating an annual income of £17,000pa with increases due. There are 9 apartments over, 7 with short leases with the potential to extend generating further income.

Comprising of 3 retail premises and 1 café. Rental income of £17,000 pa with increases due.

9 leasehold apartments all owner occupied with
4 apartments with 46 years remaining
3 apartments with 66 years
and the other 2 apartments have recently extended their leases to over 100 years.

Property:
Freehold
The four shops units are let on a full repairing lease.
Insurance is paid by the freeholder and collected from the tenants and the flats overs over.
No accommodation is included.
Ground rent from the flats is collected annually
Maintenance is managed by the flat owners
Property is located within a flood area.

Location:
This Freehold Investment Property is located in the busy town of Looe ? Nestled on the south-east coast of Cornwall. Looe is a charming seaside town divided by the River Looe into East and West Looe. Known for its picturesque harbour, sandy beaches, and winding streets, it offers a blend of traditional fishing town heritage and modern coastal living. The town is rich in history, with narrow cobbled lanes, quaint cottages, and historic landmarks, while its bustling quayside hosts a variety of cafes, seafood restaurants, and boutique shops.

Premises Details:
Ground Floor
4 Units - Tattoo Shop, Osteopath, Large Café and retail shop
Double Garage (leased by 2 apartment owners and charged accordingly)
Shared cloakroom facilities at the rear.

Communal hallway leading up to the
First Floor
4 Apartments

Second Floor
4 Apartments

Third Floor
Penthouse Apartment

Energy Performance Certificates

EPC_Riverside Court_Unit 1_The VaultEPC_Riverside Court_Unit 1A_Whole Body OsteopathyEPC_Riverside Court_Unit 4-5_Ellies HavenEPC Riverside Court 2-3 Tasty CornerAR

Freehold Investment, Riverside Court, The Quay, West Looe, Looe, Cornwall

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Looe Station0.5 miles
  • Sandplace Station2.4 miles
  • Causeland Station3.7 miles

About Popes Estate Agents, East Looe

1 Fore Street, East Looe, Looe, PL13 1HH

Popes Estate Agents is one of the most established and trusted independent estate and letting agencies in Looe, Cornwall. With over 60 years of combined experience in the local property market, proprietor John Pope and property specialist Kate Jackman lead a dedicated team committed to delivering exceptional results for buyers, sellers, landlords, and tenants.

As a locally owned and operated agency, our team lives and works within Looe and the surrounding communities. This gives us unrivalled knowledge of the local property market, neighbourhoods, schools, amenities, and lifestyle opportunities across South East Cornwall. Whether you are buying, selling, letting, or investing, our expertise helps clients make informed decisions with confidence.

Based in the heart of East Looe on Fore Street, directly opposite the harbour and main car park, we market properties across a 10-mile radius, including Polperro, Talland Bay, Seaton, Downderry, Pelynt, Lanreath, and Duloe.

Why Choose Popes Estate Agents?

* Over 60 years of combined local property experience

* Highly knowledgeable team with deep roots in the local community

* No tie-in period on property sales instructions

* No sale, no fee service

* Accompanied viewings with detailed feedback

* Prompt communication and professional sales progression

* Open seven days a week, including bank holidays

* Flexible viewing appointments, including outside normal office hours

* Comprehensive property marketing across leading UK property portals

Every property we market benefits from maximum exposure through major property platforms including Rightmove, OnTheMarket, and of course our own website. Combined with our prominent LED display window in a prime harbour-side location, we ensure your property reaches the widest possible audience of motivated buyers.

Selling Your Property

We understand that selling a home can be one of life's most significant decisions. Our experienced team provides a fully supported, transparent service from valuation through to completion. Every viewing is professionally accompanied where required, all offers are communicated promptly and confirmed in writing, and we work proactively to keep transactions moving smoothly. Our goal is to achieve the best possible outcome while making the process as stress-free as possible.

Professional Lettings and Property Management

Popes Estate Agents is also a highly regarded letting and property management specialist. With more than 20 years of lettings experience, we manage an extensive portfolio of residential properties throughout the area. Our comprehensive management service is designed to protect landlords' investments while providing tenants with responsive, professional support.

We work with a trusted network of reliable local contractors and tradespeople, ensuring maintenance issues and emergencies are handled quickly and efficiently. Competitive management fees, local expertise, and attentive customer service make us a preferred choice for landlords across South East Cornwall.

A Personal, Professional Approach

At Popes Estate Agents, we combine traditional customer service values with modern property marketing and technology. Our reputation has been built on honesty, local expertise, clear communication, and outstanding client care. We take pride in helping people successfully buy, sell, let, and manage property throughout Looe and the surrounding villages.

For anyone seeking a knowledgeable, trusted, and highly recommended estate agent in Looe, Popes Estate Agents offers the experience, commitment, and local insight needed to achieve the best possible property outcome.

Notes

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Disclaimer - Property reference PLO-57730192. 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 Popes Estate Agents, East Looe. 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.