Retail in TR3 available for sale
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Retail Property for Sale near the TR3, Truro

Explore the Latest TR3 Retail Properties for Sale

Retail Properties for Sale Within 5 miles of the TR3, Truro

More details for 50 Market St, Falmouth - Retail for Sale

50 Market St

Falmouth, TR11 3AB

  • Retail for Sale
  • £750,000
  • 12,722 sq ft
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More details for 13-14 Webber St, Falmouth - Retail for Sale

13-14 Webber St

Falmouth, TR11 3AU

  • Retail for Sale
  • £285,000
  • 1,936 sq ft
  • Air Conditioning
  • Security System

Falmouth Retail for Sale

£285,000 for the freehold with vacant possession. Prospective purchasers are required to provide identification documents to comply with anti-money laundering regulations and provide proof of funds. 13/14 Webber Street is a characterful, two-storey building, prominently positioned adjacent to the vibrant Falmouth Moor. Rich in history, the property was originally constructed in the mid-18 Century and was later remodelled in 1918 to serve as the Women’s Institute Building. The ground floor comprises several well-proportioned rooms, two front facing, with two behind, in addition to WCs and staff area to the rear, ideal for a variety of uses, most recently used as a restaurant and cafe ground floor with a vintage antique shop on the first floor. A period staircase provides access to the first floor which features a spacious open-plan room with tall ceilings, lit by an attractive symmetrical three-window frontage, giving plenty of natural light retaining the building architectural features. The property is suitable for a variety of uses offering both ground and first floor accommodation, available with vacant possession, for owner occupation, leasing or potentially alternative uses, subject to any required consents. The premises may lend themselves to residential conversion in part or whole as well as a variety of other uses subject to consents and having regard to the premises historic and listed building status. 13/14 Webber Street is situated in a central position within the popular south Cornish coastal town of Falmouth. Combined with the adjoining town of Penryn, the town has a resident population of circa 30,000 persons boosted further by a large number of tourist visitors to the area, and the approximate 8,000 full-time students studying at local University and College. The property is situated in a vibrant area of the town centre, occupied by a mix of retailers to include Tesco, The Lounge, coffee shops, estate agents, as well being a short distance from the core retail centre. One of the town’s main car parks is directly behind the property.

Contact:

Scott Burridge Commercial LLP

Property Subtype:

Restaurant

Date on Market:

19/06/2025

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More details for Bucketts Hl, Redruth - Retail for Sale

Bucketts Hl

Redruth, TR16 6RW

  • Retail for Sale
  • £175,000
  • 430 sq ft
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More details for 61 Church St, Falmouth - Retail for Sale

61 Church St

Falmouth, TR11 3DS

  • Retail for Sale
  • £320,000
  • 1,194 sq ft
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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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FAQs about Retail property for sale in TR3

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in TR3?
There are currently 1 Retail Properties available for sale near TR3. These TR3 Retail Property listings have an average size of. The largest available listing in TR3 is. The thriving commercial centre and excellent transport links in TR3 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in TR3?
The average price/SF for Retail Property for sale in TR3 is about. The cost per sq ft for Retail Property in TR3 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in TR3?
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 TR3?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in TR3 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 TR3, Truro

With 1 retail units currently available for sale in TR3, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in TR3, 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 TR3, 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 TR3 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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