Commercial Property in Tregadillett available for sale
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Commercial Property for Sale near Tregadillett, Launceston

Explore the Latest Tregadillett Commercial Property for Sale

Commercial Properties for Sale Within 5 miles of the Tregadillett, Launceston

More details for The White Hart Arcade – Retail for Sale, Launceston

The White Hart Arcade

  • Retail for Sale
  • £350,000
  • 4,456 sq ft
  • 6 Retail Properties

Launceston Portfolio of properties for Sale

Investment Consideration: VAT is NOT applicable to this property Comprises retail parade of 7 retail units Two of the tenants in occupation for 10+ years White Hart Arcade has a successful trading record with almost full occupancy since it`s creation some 40 years ago Situated in the heart of the town centre with occupiers nearby including Costa Coffee, Halifax, NatWest, Barclays, Boots and many more. Property Description: Comprises retail parade of 7 double fronted retail units, providing the following accommodation and dimensions: Ground Floor Units Unit 2: 45 sq m (484 sq ft) open plan retail, wc Unit 3: 45 sq m (484 sq ft) open plan retail, wc Ground & First Floor Units Unit 4 & 6: 108 sq m (1,163 sq ft) open plan retail, storage, wc Unit 5: 72 sq m (775 sq ft) open plan retail, office, storage, wc Unit 7: 72 sq m (775 sq ft) open plan retail, office, kitchen, wc Unit 8: 72 sq m (775 sq ft) open plan retail, storage, wc Total GIA: 414 sq m (4,456 sq ft) Tenancy: Unit 2 is at present let to Individual for a term of 12 Months from 21st December 2023 at a current rent of £5,100 per annum and the lease contains full repairing and insuring covenants. Unit 3 is at present let to Individual for a term of 2 Years from 11th February 2010 (Holding Over) at a current rent of £6,750 per annum and the lease contains full repairing and insuring covenants. Tenant in occupation for 14+ years. Units 4 & 6 are at present let to Quick & Sons for a term of 3 Years from 1st February 2023 at a current rent of £9,000 per annum and the lease contains full repairing and insuring covenants. Lease within Landlord & Tenant Act 1954. Unit 5 is at present let to Individual for a term of 5 Years from 29th October 2024 at a current rent of £5,980 per annum and the lease contains full repairing and insuring covenants. Rent review every year linked to RPI. Tenant option to determine in October 2025 with min 2 month`s notice. Deposit held of £1,000. Unit 7 is at present let to Launceston Town Council for a term of 6 Years from 21st December 2012 (Holding Over) at a current rent of £6,750 per annum and the lease contains full repairing and insuring covenants. Tenant in occupation for 11+ years. Unit 8 is at present let to Individual for a term of 12 Months from 10th March 2022 (Holding Over) at a current rent of £4,750 per annum and the lease contains full repairing and insuring covenants. Location: Launceston sits near the Cornwall / Devon border alongside the A30 dual carriageway spine road for the two Counties and enjoys an excellent balance of travel distance to all parts of Cornwall and Devon. The town has a gorgeous town centre featuring a high percentage of listed buildings with a traditional central square. The White Hart Arcade takes access just off this square and links to Madford Lane which is a street offering free car parking much used by locals. Consequently, the White Hart Arcade is one of the main pedestrian footways into the town centre and being covered is also a very popular access during inclement weather. The Arcade has a successful trading record with almost full occupancy since it`s creation some 40 years ago.

Contact:

Blue Alpine Partners Ltd

Date on Market:

22/03/2024

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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
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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
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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
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FAQs about Commercial Properties For Sale in Tregadillett

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

Market Overview for Commercial Properties in Tregadillett

Key information for Commercial Properties investors in Tregadillett 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
Lifton £85 1,514 sq ft
Callington £219 8,555 sq ft
Gunnislake £118 3,000 sq ft
Liskeard £155 2,329 sq ft
Holsworthy £40 4,978 sq ft

Rental Price Trends in Tregadillett

The price per square foot range for Commercial Properties in Tregadillett 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
Lifton £85 £85 £85
Callington £168 £219 £271
Gunnislake £118 £118 £118
Liskeard £64 £155 £300
Holsworthy £19 £40 £60

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Lifton 1,514 sq ft 1,514 sq ft 1,514 sq ft
Callington 3,386 sq ft 8,555 sq ft 13,724 sq ft
Gunnislake 3,000 sq ft 3,000 sq ft 3,000 sq ft
Liskeard 354 sq ft 2,329 sq ft 4,829 sq ft
Holsworthy 4,305 sq ft 4,978 sq ft 5,651 sq ft

You searched for commercial property for sale in Tregadillett. Explore 1 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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