IMPRESSIVE COMMERCIAL INVESTMENT PROPERTY
Ref : M3450
Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.
- Impressive investment property.
- Prime Fore Street trading position busy Cornwall riverside town.
- Period property comprising self-contained office suite let to Cornwall Council and separate one bedroom self-contained flat.
- Fully let with Rental Income approx. £17,300 per annum.
- Valuable covenant. Viewing highly recommended.
This impressive investment property occupies a prime location in the main Fore Street of the busy south-east Cornwall town of Torpoint. The premises are located in the heart of the main shopping area amongst a variety of trades and businesses which all combine to serve the surrounding outlying residential population.
Torpoint is located in the south-east corner of Cornwall on the opposite bank of the River Tamar to Plymouth to which there is easy access via a car and pedestrian ferry. The town lies astride the main A374 which is one of the principal tourist routes into the area leading to such favoured resorts and beauty spots as Looe and Polperro, and the magnificent open sandy beaches of Whitsand Bay and Tregantle. Also located near to the town is HMS Raleigh which is now the Navy's foremost training centre.
The premises comprise two adjoining three storey terraced properties believed to date back to the early 1900s. They appear to be of traditional construction with rendered and painted elevations under a pitched slate roof. There is a single storey extension to No. 64 which has a felt and chipping flat covered roof. This was originally a former one bedroom flat which is currently unused and in very poor condition, although could be refurbished and reinstated to provide additional accommodation in the future.
In brief, the rest of the property comprises an adult learning and training centre to the ground floor currently occupied by Cornwall Council, together with a self-contained one bedroom maisonette to the upper floors of No. 64. An early viewing appointment is highly recommended to fully appreciate the location and appeal of this lucrative investment opportunity.
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