Central village retail with sizeable rear garden and development potential.
Ground-floor convenience store with strong passing trade potential
Upper 4/5 bedroom accommodation over two floors, includes ensuite
Large elevated rear garden with village and sea glimpses
Freehold retirement sale; appeals to investors or developers
Property requires full refurbishment and modernisation throughout
High flood risk — affects insurance and repair costs
Granite walls likely uninsulated; electric storage heating only
Small overall footprint and subdivided ground floor retail space
Set in the heart of picturesque Polperro, this three-storey Victorian mixed-use property combines ground-floor retail and spacious upper-floor accommodation. The ground floor currently houses a subdivided convenience store with strong passing trade, while the first and second floors provide 4/5 bedrooms, including a master ensuite. A large, elevated rear garden delivers village and sea glimpses and rare outdoor space in this central location.
The building is a genuine retirement sale and will suit investors, developers or buyers seeking a home-with-business. The upper parts could be reconfigured, and, subject to consents, converted into separate units to increase rental income. Trading hours have been limited by current ownership, so there is straightforward potential to grow turnover by extending opening times and reuniting the retail space.
Buyers should note material drawbacks: the property needs refurbishment throughout, has granite walls likely without modern cavity insulation, and heating is by electric storage radiators. The site sits in a high flood-risk area, which materially affects insurance and repair considerations. The overall internal area is modest (circa 750 sq ft GF commercial) and the plot is small despite the elevated garden terraces.
Practical positives include freehold tenure, double glazing installed since 2002, very low local crime, excellent mobile signal and nearby good-rated primary and secondary schools. Council Tax is low (Band A). Any purchase should be preceded by a full survey and checks on business rates, flood insurance costs and required planning consents for residential reconfiguration or change of use.
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