Ready-income freehold with live/work and holiday-let potential in a popular fishing village.
Freehold mixed-use near Polperro harbour and quay
Ground-floor retail let month-to-month at £600pcm (£7,200pa)
Two-bedroom furnished maisonette, offered ready to let or occupy
Will be sold at public auction; guide price from £250,000+
Medium flood risk — affects insurance and mortgage availability
Very small plot size; limited external space for expansion
Commercial kitchen has low ceiling; check suitability for operators
EPCs currently TBC; obtain reports before bidding
This mixed-use freehold in Polperro offers a ready-made income and immediate occupation potential. A ground-floor retail unit (Taste Buds) is on a rolling monthly tenancy at £600 pcm, while the furnished two-bedroom maisonette (Nancys Place) is presented ready to let or occupy. Its prominent setting close to the harbour and quay gives strong seasonal footfall and holiday-let appeal.
The lot will be sold at public auction (virtual live stream) with a guide price from £250,000. Buyers should note the property sits in a small footprint and the commercial kitchen has a low ceiling; EPC ratings for both units are currently TBC. There is a medium flood risk for the location and the wider area is classified as deprived — these are material factors for insurance, financing and long-term lettability.
This is well suited to investors seeking combined commercial and holiday-let income or owner-occupiers wanting a live/work setup. Practical advantages include excellent mobile signal and immediate income from the retail tenant. Prospective buyers should budget for due diligence ahead of auction — confirm EPCs, insurance costs given flood risk, and any maintenance or landlord obligations before bidding.
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