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Shopfront Properties for Sale near Launceston, UK

Explore the Latest Launceston, UK Shopfront Properties for Sale

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 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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Shopfront Properties for Sale Within 10 miles of the Launceston, UK

More details for 10 Fore St, St Austell - Retail for Sale

10 Fore St

St Austell, PL25 5EN

  • Retail for Sale
  • £75,000
  • 1,130 sq ft
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More details for 8-8A High Cross St, St Austell - Retail for Sale

8-8A High Cross St

St Austell, PL25 4AB

  • Retail for Sale
  • £275,000
  • 743 sq ft
  • Security System

St Austell Retail for Sale

AN EDGE OF TOWN CENTRE FREEHOLD INVESTMENT<br/><br/>* BUSINESSES NOT AFFECTED *<br/><br/>2 GROUND FLOOR RETAIL SHOPS<br/><br/>2 ONE BEDROOM AND 1 TWO BEDROOM FLATS<br/><br/>GROSS ANNUAL INCOME OF £35,106<br/><br/>APPROACHING 13% GROSS YIELD<br/><br/>see agents notes<br/><br/><b>Location</b> - EDGE OF TOWN CENTRE LOCATION. St Austell is the largest town with it's BID promotion in Cornwall approximately 40 miles from Plymouth and 14 miles from Truro. The town benefits from mainline rail services plus good road communications served by the A390. St Austell ia approximately 6 miles from the A30 trunk road - the primary route linking Cornwall and the M5 motorway. Currently being upgraded St Austell to A30 link road. <br/><br/>The subject premises are situated just off St Austell's main shopping street. National retailers in Fore Street include Subway, H Samuels Jewellers, SpecSavers, WH Smith & Boots. The premises is also close to the new town centre development White River Place with further National including Superdrug, Lloyds, Argos and T K Maxx. It offers an excellent trading position ideally suited to take advantage of the town's increasing footfall. St Austell town centre offers a wide range of shopping facilities. With St Austell's main post office now located in W H Smith, just yards from the premises, and continuing to offer an extensive range of services this will undoubtedly increase the pedestrian footfall in the centre of the town benefitting all businesses.<br/><br/><b>The Property</b> - The subject property is a Freehold investment.<br/>Comprising 2 ground floor lock up shops and 3 flats over the second and third floors.<br/><br/><b>Schedule Of Accommodation</b> - 8 - Ground Floor Retail Shop - c41 sq m<br/>8a - Ground Floor Retail Shop - c51 sq m<br/>8b - First Floor 1 Bedroom Flat - c44 sq m<br/>8c - Second Floor 2 Bedroom Flat - c64 sq m<br/>8d - First Floor 1 Bedroom Flat - c48 sq m<br/><br/><b>Schedule Of Rent</b> - 8 - 3 year ;ease from September 2024 - £6,600 pa <br/>8a - yearly periodic business lease from July 2025 - £6,000 pa<br/>8b - periodic assured shorthold tenancy - £6,606.6 pa<br/>8c - assured shorthold tenancy - £8,100 pa<br/>8d - assured shorthold tenancy - 7,800 pa<br/><br/><b>Viewing</b> - By appointment with the Vendors Sole Agents<br/>MAY WHETTER AND GROSE<br/>[use Contact Agent Button]<br/>[use Contact Agent Button]<br/>[use Contact Agent Button]<br/><br/><b>Lolcal Authority</b> - Cornwall Council<br/>General Enquiries[use Contact Agent Button]<br/>Planning[use Contact Agent Button]<br/><br/><b>Epc</b> - 8 - comm D<br/>8a - comm C<br/>8b - C<br/>8c - E<br/>8d - E<br/><br/>

Contact:

May Whetter & Grose

Property Subtype:

Shopfront

Date on Market:

13/09/2025

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FAQs about Launceston Shopfront Properties For Sale

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How many Shopfront listings are available for sale in Launceston?
There are currently 7 Shopfront Properties on the market in and around Launceston.
How much does it cost to buy Shopfront in Launceston?
Asking prices in Launceston range from £54 to £57, with a median of £57. Price depends on size, tenure and condition.

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