Retail in Newham Cornwall available for sale
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Retail Properties for Sale near the Newham, Cornwall, Truro

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Retail Properties for Sale Within 5 miles of the Newham, Cornwall, Truro

More details for 19 Victoria Sq, Truro - Retail for Sale

19 Victoria Sq

Truro, TR1 2RX

  • Retail for Sale
  • £175,000
  • 725 sq ft
  • 24 Hour Access

Truro Retail for Sale

Freehold opportunity for sale. Available with vacant possession at £175,000. The property is a mid-terrace, three-storey building comprising ground floor retail sales/office with first and second floor office accommodation, kitchen and toilets. The ground floor is arranged in an open-plan configuration with an attractive frontage and stairs at the rear lead to the first floor, comprising two office rooms and a landing with stairs rising to the second floor, providing toilet, refurbished kitchen and two further office rooms. On the ground floor is an internal fire exit with rights of way reserved for adjacent occupiers from River Street. The property has recently undergone refurbishment, including a newly replaced and re-tiled kitchenette, a refitted and re-tiled cloakroom WC, remedial rendering repairs and redecoration of the facade, newly installed sections of flat roofing, and a new ground floor installation. The premises are situated within Truro's city centre, occupying a central position within Cornwall's principal commercial and retail location. The city has a population in region of 20,000 persons with a catchment of nearly 400,000 attracting visitors from across the county. Situated in the popular Victoria Square area of the city, the property occupies a bustling position with nearby occupiers including W C Rowe, a home improvement DIY centre and Costa Coffee.

Contact:

Scott Burridge Commercial LLP

Property Subtype:

Shopfront Retail / Office

Date on Market:

14/05/2025
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LoopNet UK Cornwall Truro Retail Properties For Sale in Newham Cornwall, Truro, UK

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FAQs about Retail property for sale in Newham Cornwall

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How many Retail Property listings are available for sale in Newham Cornwall?
There are currently 0 Retail Properties available for sale near Newham Cornwall. These Newham Cornwall Retail Property listings have an average size of. The largest available listing in Newham Cornwall is. The thriving commercial centre and excellent transport links in Newham Cornwall make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Newham Cornwall?
The average price/SF for Retail Property for sale in Newham Cornwall is about. The cost per sq ft for Retail Property in Newham Cornwall ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Newham Cornwall?
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 Newham Cornwall?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Newham Cornwall 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 Newham, Cornwall, Truro

With 0 retail units currently available for sale in Newham Cornwall, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Newham Cornwall, 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 Newham Cornwall, 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 Newham Cornwall 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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