Industrial Units for sale in Launceston

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John Peacock (Feb 2017)
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Leasehold Price: £12,000
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Business Description
The property comprises of approximately 2,600 sq ft arranged in three distinct areas, which are now available to rent as a whole.
The premises have been used by a local church ministry, for their outreach centre and are now available with vacant possession after 1st October 2018 when the existing tenant vacates.
The premises comprise of a well maintained and renovated old foundry comprising of a Grade II listed building and now having been modernised to provide two large open plan areas in the main foundry and a single storey unit on the left, comprising of a suite of three rooms including kitchen and separate cloakroom. The property has the valuable benefit of onsite parking in a secure gated compound tarmacked area.
The premises can be let as a whole or consideration will be given to splitting the premises into three parts, the single storey unit on the left of the Car Parking area, then the main Foundry could be let as two separate units, all interested parties are invited to enquire with the agents. The premises are very versatile, ideal for a variety of uses as one or in separate units. In the past the premises have been used as a Gym, for storage and even therapy so the potential is here for any variety of trades or professions.
Tenure: Leasehold

Location Details:
The premises are located in the St Thomas area of Launceston, just off Quarry Lane and close to the Newport Industrial Estate, just off the A388 the lower approach road into the Western part of the town.
The premises offer a unique and unusual opportunity to acquire three suites within a Grade II listed stone building, formerly used as a foundry. Launceston is recognised as one of the busiest commercial centres in Cornwall, having a population of around 9,200 inhabitants which is boosted during the summer months with an influx of tourists. It is a traditional market town which stands proud on top of the hill, close to the A30 dual carriageway route which is often referred to as the ‘Gateway to Cornwall’. Exeter is approximately 42 miles away, Plymouth is 26 miles and Bodmin is miles. The coast of both North and South Cornwall are easily accessible.

Leasehold Term:
The premises will be offered on the basis of a brand new lease, on full repairing and insuring terms at an asking rental of £12,000 per annum (£4.61 per sq ft) An incoming tenant will need to provide the usual bank and trade references for Landlord’s approval.

Listed by: Webbers Property

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