Summary - Polmorla Road, Wadebridge, PL27 PL27 7NS
1 bed 1 bath Retail Property (high street)
Compact freehold shop in Wadebridge centre — immediate vacant possession, refurbishment potential.
Freehold high-street shop with immediate vacant possession
A compact freehold retail unit in the centre of Wadebridge, offered with immediate vacant possession and scope for refurbishment. The ground floor is an open-plan modern retail space with wooden flooring, track lighting and an attractive box bay window that faces the high street — good for visibility and footfall. Above are two small rooms used as storage, making the layout practical for a small business with back-office needs.
Commercial fundamentals are straightforward: current Rateable Value £6,000 pa, EPC rating C and a previous rental level of just under £850 pcm indicate steady income potential once re-let. The property includes a rear courtyard with WC and wash-up area, and mains water, drainage and electricity are connected. Mobile signal is excellent, which supports card payments and mobile-based retail systems.
Buyers should note several material issues. The property has a flying freehold with a neighbouring premises, which can complicate alterations or insurance. Much of the glazing is single-pane timber sash and parts of the upper rooms have restricted head height. Gas supply is present to the building but currently disconnected. Broadband speeds are very slow in the area, and local crime levels are above average — both factors that may affect some occupiers.
This property will suit an investor or small business prepared to carry out basic refurbishment to modernise the shopfront, install efficient services and address the single glazing. For a buyer targeting town-centre retail in a small-town catchment, the unit offers immediate trading potential once upgraded and re-let.
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