Summary - 8, FORE STREET PL23 1AQ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime retail unit located in Fowey's central Fore Street
- Grade II listed building with traditional Victorian façade
- Approximately 695 sq ft of retail space with significant foot traffic
- Currently tenanted by Saltrock Surfwear Ltd at £30,000 per annum, with 5 years left on lease
- Non-VAT registered, enhancing purchase convenience
- Nearby attractions include the Eden Project and Lost Gardens of Heligan
**Potential Concerns:**
- Listed status may complicate renovation or redevelopment plans
- Short lease term could pose challenges for mortgage financing
- Small size may limit business operations or expansion
**Summary:**
Seize the opportunity to own a charming Grade II listed retail property in the heart of Fowey, one of Cornwall's most picturesque coastal towns. This spacious 695 sq ft unit on bustling Fore Street features a prominent storefront, ideal for maximizing visibility and attracting foot traffic. Currently leased to a reputable tenant, the property generates an annual rental income of £30,000, making it an attractive investment for those looking to enter the rental market. With its excellent location near local amenities and stunning coastal scenery, its potential is further enhanced by the affluent community surrounding it.
However, prospective buyers should be aware of the property's listed status and the remaining short lease, which might pose challenges for future financing and alterations. Given the property's unique charm, combined with a solid rental income stream and great location near attractions, this opportunity won't last long. Don’t miss your chance to invest in a piece of Fowey’s vibrant retail scene!
High street retail property for sale in South Street, Fowey, Cornwall, PL23 1AR, PL23 — £285,000 • 1 bed • 1 bath • 1539 ft²
Commercial property for sale in Webb Street, Fowey, PL23 — £170,000 • 1 bed • 1 bath • 1098 ft²
Terraced house for sale in Fore Street, Fowey, Cornwall, PL23 — £840,000 • 1 bed • 1 bath • 2146 ft²
Terraced house for sale in Fore Street, Fowey, Cornwall, PL23 — £840,000 • 1 bed • 1 bath • 2146 ft²
1 bedroom apartment for sale in Trafalgar Square, Fowey, PL23 — £165,000 • 1 bed • 1 bath • 732 ft²
2 bedroom character property for sale in Esplanade, Fowey, PL23 — £525,000 • 2 bed • 1 bath • 1254 ft²
