Commercial Property in Port Isaac available for sale
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Commercial Property for Sale near the Port Isaac, UK

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Explore the Latest Port Isaac Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Port Isaac, UK

More details for 8 & 10 Molesworth Street – Retail for Sale, Wadebridge

8 & 10 Molesworth Street

  • Retail for Sale
  • £420,000
  • 2,864 sq ft
  • 2 Retail Properties

Wadebridge Portfolio of properties for Sale

The property comprises a retail shop and restaurant takeaway, both let on commercial leases, plus eight long leasehold flats, sold off a 999 year leases, subject to ground rents. 8 Molesworth Street comprises a ground floor retail shop with a retail display window, a ground floor sales area plus rear staff area and stores with a separately accessed first floor store. 10 Molesworth Street comprises a restaurant takeaway, operating and trading as a fish and chip shop, with an excellent reputation offering a seating area, takeaway counter, prep and store areas. Both ground floor commercial units are let on commercial leases details of which are described below. The upper floors comprise eight individual flats, each sold off on 999-year leases with ground rents.

Contact:

Scott Burridge Commercial LLP

Date on Market:

19/08/2024
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Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Port Isaac

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How many Commercial Property listings are available for sale in Port Isaac?
There are currently 1 Commercial Properties available for sale near Port Isaac. These Port Isaac Commercial Property listings have an average size of. The largest available listing in Port Isaac is. The thriving commercial centre and excellent transport links in Port Isaac make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Port Isaac?
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 Port Isaac currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Port Isaac?
There is a diverse range of commercial properties available in Port Isaac to suit various business needs. Port Isaac offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Port Isaac 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 Port Isaac, UK

Market Overview for Commercial Properties in Port Isaac

Key information for Commercial Properties investors in Port Isaac 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
Wadebridge £84 5,287 sq ft
Launceston £49 18,240 sq ft
St Columb £74 6,590 sq ft
Roche £118 5,537 sq ft
Bodmin £167 6,210 sq ft

Rental Price Trends in Port Isaac

The price per square foot range for Commercial Properties in Port Isaac 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
Wadebridge £51 £84 £110
Launceston £21 £49 £90
St Columb £74 £74 £74
Roche £65 £118 £143
Bodmin £82 £167 £487

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Wadebridge 2,864 sq ft 5,287 sq ft 10,913 sq ft
Launceston 2,282 sq ft 18,240 sq ft 47,990 sq ft
St Columb 6,590 sq ft 6,590 sq ft 6,590 sq ft
Roche 3,242 sq ft 5,537 sq ft 11,495 sq ft
Bodmin 1,399 sq ft 6,210 sq ft 46,464 sq ft

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