Church Street, Launceston
Offers Around £70,000
Commercial
- INVESTMENT PROPERTY
- £9,000 + INCOME PER YEAR
- CENTRAL LOCATION
- FREEHOLD
- BASEMENT ROOMS
- PRESENTLY LET ON A MONTH TO MONTH BASIS.
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.
Currently let to as a barber shop, on a monthly basis.
Property
INVESTMENT PROPERTY; A substantial Victorian premises that has has a tenant ( Barber Shop) paying £750 pcm (£9,000 Per annum) with a five year lease, ( two year break clause) Also included is 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 01566 776055.
VAT
VAT not applicable
Legal Costs
Each party responsible for their own legal costs.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com