Retail in PL31 available for sale
2

Retail Properties for Sale near the PL31, Bodmin

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Retail Properties for Sale Within 5 miles of the PL31, Bodmin

More details for Grenville Rd, Lostwithiel - Retail for Sale

Former Duchy Motors Site - Grenville Rd

Lostwithiel, PL22 0EP

  • Retail for Sale
  • £120,000
  • 2,971 sq ft

Lostwithiel Retail for Sale

The property is offered for sale for £120,000. The Property has the benefit of full planning consent under application PA22/04210 for the demolition of former industrial building and erection of new building to create 4no. houses and 4no apartments with associated parking (approved 1 July 2024). All purchasers however should make their own enquiries to the Planning Department of Cornwall Council.

Contact:

Alder King LLP

Property Subtype:

Car Dealership

Date on Market:

03/11/2025
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More details for 2 Parade Sq, Lostwithiel - Retail for Sale

2 Parade Sq

Lostwithiel, PL22 0DX

  • Retail for Sale
  • £425,000
  • 829 sq ft
  • Security System

Lostwithiel Retail for Sale

<p>A rare opportunity to acquire a well-established and highly regarded fish and chip shop in the heart of Lostwithiel, complete with spacious living accommodation above and a additional outbuilding offering further potential.<br /></p><p>The County Fryer has long been a staple of the town, serving both locals and visitors with traditional fish and chips and enjoying an excellent reputation. The business occupies a prime position on Fore Street, benefitting from locals and people visiting.<br /></p><p>Above the shop, the generous living accommodation provides three good-sized bedrooms, a family bathroom, and a large, comfortable living room — ideal for owners wishing to live on-site or as separate rental accommodation.<br /></p><p>To the rear, there is an outbuilding currently used as a potato room, which could easily be adapted for other uses, such as a home office, studio, or workshop.<br /></p><p>This versatile property offers an exciting opportunity either to continue the successful business or to convert the building into a spacious residential home (subject to any necessary consents).<br /></p><p>Lostwithiel itself is a thriving and historic town with a strong sense of community, well-connected by road and rail, and popular with both residents and visitors — making this a superb investment in a sought-after Cornish location</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><br /></p>

Contact:

The Property Shop

Date on Market:

24/03/2025
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LoopNet UK Cornwall Bodmin Retail Properties For Sale in PL31, Bodmin, UK

Learn More About Investing in Retail Properties

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FAQs about Retail property for sale in PL31

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in PL31?
There are currently 0 Retail Properties available for sale near PL31. These PL31 Retail Property listings have an average size of. The largest available listing in PL31 is. The thriving commercial centre and excellent transport links in PL31 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in PL31?
The average price/SF for Retail Property for sale in PL31 is about. The cost per sq ft for Retail Property in PL31 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in PL31?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in PL31?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in PL31 is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the PL31, Bodmin

With 0 retail units currently available for sale in PL31, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in PL31, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in PL31, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in PL31 can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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