Summary - 54, Church Street TR11 3DS
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime location on Church Street, Falmouth, a leading holiday resort.
- Currently producing rental income of £18,000 per annum, with potential for approx. £36,000 annually.
- Ground floor retail space with recent leasing, alongside additional studio/workshop opportunities.
- Situated near popular local shops, cafes, and attractions, contributing to pedestrian traffic and business viability.
- Good public transport access and amenities within walking distance.
**Summary:**
Discover a lucrative retail investment opportunity in the heart of Falmouth! This high street property at 54/55 Church Street is part-let, generating a stable income of £18,000 per annum, with the potential to increase to approximately £36,000. The property enjoys a prominent position surrounded by a dynamic mix of independent and national retailers, ensuring high foot traffic. With recent leases secured on key ground floor spaces, this commercial gem offers a solid investment for those looking to tap into Falmouth’s thriving economy.
Featuring a charming Georgian facade and a classic shopfront with excellent visibility, the property includes a variety of spaces: a ground floor shop currently let, a lower ground retail area set to generate further income, and additional studio/office setups available for lease. The vibrant locale is perfect for attracting diverse clientele, especially during the busy tourist season, thanks to its proximity to the marina, local amenities, and educational institutes catering to a large student population.
While the rapid growth of the area means opportunities abound, it’s essential to note that the property includes certain maintenance responsibilities under its existing leases, and some spaces are currently vacant, ready for your vision. Act quickly to take advantage of this investment as Falmouth continues to flourish—it’s an ideal chance to establish a footprint in one of Cornwall’s most sought-after retail destinations!
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