Commercial Property in Launceston available for sale
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Commercial Properties for Sale near Launceston, UK

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Retail Industrial Commercial Land
More details for Penygillam Way, Launceston - Industrial for Sale

Pennygillam Industrial Estate - Penygillam Way

Launceston, PL15 7ED

  • Industrial for Sale
  • £750,000
  • 12,699 sq ft
  • Security System
  • 24 Hour Access

Launceston Industrial for Sale

Offers in the region of £750,000 are sought for the sale of the freehold interest. The property is available with vacant possession. The buildings are set in a large secure compound and consist of a large open plan warehouse with a two storey office block including offices, store rooms and staff welfare facilities. The site includes significant yard space for further development or redevelopment. The property could be suitable for various uses (subject to obtaining planning consent).

Contact:

Philips Rogers

Property Subtype:

Warehouse

Date on Market:

08/01/2026
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More details for 13 Broad St, Launceston - Retail for Sale

13 Broad St

Launceston, PL15 8AA

  • Retail for Sale
  • £350,000
  • 4,766 sq ft
  • Security System

Launceston Retail for Sale

The building is a former bank premises with significant floor space set over five floors. The front elevation is clad in granite and the interior is fitted with ornate period features throughout to include large sash windows to the front with secondary glazing to the first floor front elevation windows. The building includes an air source heat pump and air conditioning systems for heating and cooling and is fitted with automated lighting in many rooms with many other modern improvements throughout the building. The property is not understood to be listed albeit it is located in a conservation area. The premises could be suitable for alternative uses subject to obtaining appropriate planning consents.

Contact:

Philips Rogers

Property Subtype:

Shopfront

Date on Market:

31/07/2025
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More details for Pennygillam Way, Launceston - Industrial for Sale

Pennygillam Industrial Estate - Pennygillam Way

Launceston, PL15 7ED

  • Industrial for Sale
  • £700,000 - £800,000
  • 10,628 - 30,965 sq ft
  • 3 Units Available
  • Energy Performance: C

Launceston Industrial for Sale

Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).

Contact:

Philips Rogers

Property Subtype:

Warehouse

Date on Market:

16/10/2024
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Commercial Properties for Sale Within 5 miles of the Launceston, UK

More details for 85 Fore St, Bodmin - Retail for Sale

85 Fore St

Bodmin, PL31 2JB

  • Retail for Sale
  • £330,000
  • 3,828 sq ft
  • Security System
  • Smoke Detector

Bodmin Retail for Sale

Located in the heart of Bodmin town centre, 85 Fore Street is a substantial detached mixed-use property incorporating a prominent ground floor retail unit together with extensive accommodation above. Arranged over four floors, the property occupies a central position and benefits from a large front car park and a private rear garden, presenting a rare and versatile opportunity within this well-connected town centre location. The building offers highly flexible internal accommodation suitable for a variety of uses including commercial, residential, live/work or investment purposes, subject to the necessary consents. The layout currently comprises a former ground floor retail unit alongside multiple reception, office and studio rooms, together with two kitchens, two bathrooms and several WC facilities, providing significant scope for reconfiguration. The lower ground floor consists of a cellar level which benefits from natural light and direct access to the rear garden. This level offers useful ancillary space suitable for storage, workshops or further accommodation. At ground floor level the property includes the main retail unit, accessed from Fore Street, with an inner hallway connecting to staircases leading to both the first floor and the lower ground floor. The retail accommodation is supported by additional shop space, office areas, workshops and a dressing room, allowing for a wide range of commercial uses. This floor also includes a kitchen, WC facilities and a utility room. The first floor provides particularly generous accommodation and can be accessed both internally and directly from street level. This level comprises a landing, several rooms, a kitchen, a bathroom and a separate shower room. A soundproofed studio room further enhances the property's versatility, making it suitable for creative, professional or studio-based work. The second floor includes a converted attic room which could be used as an additional bedroom, office or studio space. Externally, the property benefits from a large front car park — a valuable asset within a town centre location. To the rear there is a private garden featuring a pond and offering potential for landscaping to create an attractive outdoor space. Bodmin provides a wide range of amenities including shops, restaurants and schools, with convenient access to the A30 and A38, offering strong connectivity across Cornwall. A planning application has been submitted for the conversion of the building into nine flats (Ref: PA20/08180) and is currently awaiting decision. Offered freehold, the property represents a compelling opportunity for investors, developers or owner-occupiers seeking a flexible property with strong potential in a central Cornish location.

Contact:

The Property Shop

Property Subtype:

Shopfront

Date on Market:

07/02/2026
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More details for 24 Fore St, Bodmin - Retail for Sale

24 Fore St

Bodmin, PL31 2HQ

  • Retail for Sale
  • £225,000
  • 5,787 sq ft
  • 24 Hour Access

Bodmin Retail for Sale

Investment Consideration: Vacant possession Grade II Listed VAT is applicable to this property Comprises large retail premises at ground and part first floor, with large self-contained maisonette at part first and second floor Residential development potential to convert rear of ground floor and large maisonette to multiple residential flats, subject to obtaining the necessary consents Nearby occupiers include Post Office, Boots Pharmacy, Costa Coffee, Iceland and more. Property Description: The property comprises large retail premises at ground and part first floor, with large self-contained maisonette at part first and second floor, providing the following accommodation and dimensions: No 24: Ground & Part First Floor Ground Floor Sales: 224.40 sq m (2,415 sq ft) Ground Floor Ancillary: 107.70 sq m (1,159 sq ft) First Floor Ancillary: 79.60 sq m (857 sq ft) No 24A: Part First & Second Floor First Floor: 3 Rooms 66.20 sq m (713 sq ft) Second Floor: 2 Rooms 59.70 sq m (643 sq ft) Total Commercial NIA: 411.70 sq m (4,432 sq ft) Total Residential NIA: 125.90 sq m (1,355 sq ft) Development Potential: Residential development potential to convert rear ground, first and second floor retail/residential into multiple flats, subject to obtaining the necessary consents. Location: Bodmin is a market town located 26 miles east of Truro and approximately 22 miles east of Newquay. The town is in close proximity to the A30 and A38 which are the main arterial routes through the County. Bodmin Parkway (Main Line services) is 4 miles to the South West, and Bodmin General, a heritage steam railway, is 0.4 miles from the property. The property is situated on the south side of Fore Street between its junction with Crockwell Street and Chapel Lane. Occupiers close by include Boots, WHSmith, Halifax, Iceland, Holland & Barrett, Superdrug, Costa, Betfred and Card Factory.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

17/08/2022
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More details for Fore St, Bodmin - Retail for Sale

Fore St

Bodmin, PL31 2HQ

  • Retail for Sale
  • £225,000
  • 1,533 sq ft

Bodmin Retail for Sale

Investment Consideration: VAT is applicable to this property Comprises ground floor shop with ancillary accommodation at first, second and third floor Total area size of 142.44 sq m (1,533 sq ft) Nearby occupiers include Halifax, Iceland, Card Factory, Costa Coffee and more. Property Description: The property comprises ground floor shop with ancillary accommodation at first, second and third floor, providing the following accommodation and dimensions: Ground Floor: 55.77 sq m (600 sq ft) Open Plan Retail First Floor: 37.53 sq m (404 sq ft) 3 Rooms, Kitchenette, WC Second Floor: 34.81 sq m (375 sq ft) 2 Rooms, Bathroom Third Floor: 14.33 sq m (154 sq ft) 2 Rooms Total area size: 142.44 sq m (1,533 sq ft) Tenancy: The property is at present let to Boots Opticians Professional Services Limited from 1st April 2018 to 30th September 2019 (holding over) at a current rent of £13,755 per annum and the lease contains full repairing and insuring covenants. Location: The town of Bodmin is located in the former North Cornwall district area and has a resident population of approximately 12,600 inhabitants. Retailing within the town centre is focused on Fore Street which includes a variety of national, regional and local traders. There are a number of industrial estates to the south east and north east of the town which benefit from easy access to the A38 and A30 dual carriageways. The A30 dual carriageway runs directly to the east of the town and is the main arterial route through Cornwall. The A38 runseast from the town and links with Liskeard and Plymouth beyond. There is a station on the Penzance to Paddington main line circa 4 miles southeast of the town at Bodmin Parkway.

Contact:

Blue Alpine Partners Ltd

Date on Market:

07/03/2022
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More details for Harbour Rd, Wadebridge - Retail for Sale

Harbour House - Harbour Rd

Wadebridge, PL27 7AH

  • Retail for Sale
  • £210,000
  • 1,145 sq ft

Wadebridge Retail for Sale

Ground Floor Office/Retail Unit For Sale. For Sale £210,000 for the Long Leasehold. The property presents a rare opportunity to acquire a long leasehold office/retail property in the town centre of Wadebridge. The property is located in a prominent position on the corner of Molesworth Street and Harbour Road, fronting onto The Old Bridge over the River Camel. The property comprises ground floor office/retail accommodation, kitchen, WC and stores to the lower ground floor. There are no external areas within the demise. The ground rent is £50 per annum, increasing to £150 per annum on 1st November 2028.The ground rent increases by £100 every 25 years of the term. The most recent service charge was £1,936 per annum.

Contact:

Stratton Creber Commercial

Property Subtype:

Shopfront Retail / Office

Date on Market:

05/03/2026
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More details for B3274, Roche - Light Industrial for Sale

Cornwall Services Business Park - B3274

Roche, PL26 8UF

  • Light Industrial for Sale
  • £620,000 - £635,000
  • 3,242 - 3,331 sq ft
  • 4 Units Available

Roche Light Industrial for Sale - Cornwall

Planning permission has been granted (Application Reference PA23/10387) for the construction of 4 units which will be situated at the entrance to Cornwall Services and form part of the new Cornwall Services Business Park. The units will comprise of an open warehouse area with an office / mezzanine. There will be parking and loading to the front of the units. The size of the units could be altered to suit requirements. There is a small level change between Units 2 & 3. The units will be finished to a standard shell specification

Contact:

Vickery Holman

Date on Market:

13/12/2024
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LoopNet UK Cornwall Commercial Properties For Sale in Launceston, UK

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FAQs about Commercial Properties For Sale in Launceston

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How many Commercial Property listings are available for sale in Launceston?
There are currently 5 Commercial Properties available for sale near Launceston. These Launceston Commercial Property listings have an average size of 13,407 sq ft. The largest available listing in Launceston is 25,535 sq ft. The thriving commercial centre and excellent transport links in Launceston make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Launceston?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Launceston currently range from £20 to £56 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Launceston?
There is a diverse range of commercial properties available in Launceston to suit various business needs. Launceston offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 Launceston commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Launceston, UK

Market Overview for Commercial Properties in Launceston

Key information for Commercial Properties investors in Launceston and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Launceston £44 13,407 sq ft
Wadebridge £108 2,519 sq ft
Chacewater £278 373 sq ft
Roche £127 4,345 sq ft
Lostwithiel £382 829 sq ft

Rental Price Trends in Launceston

The price per square foot range for Commercial Properties in Launceston and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Launceston £20 £44 £56
Wadebridge £65 £108 £137
Chacewater £278 £278 £278
Roche £65 £127 £143
Lostwithiel £382 £382 £382

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Launceston area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Launceston 4,766 sq ft 13,407 sq ft 25,535 sq ft
Wadebridge 1,145 sq ft 2,519 sq ft 4,508 sq ft
Chacewater 373 sq ft 373 sq ft 373 sq ft
Roche 3,242 sq ft 4,345 sq ft 8,579 sq ft
Lostwithiel 829 sq ft 829 sq ft 829 sq ft

You searched for commercial property for sale in Launceston. Explore 4 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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