Summary - 21-22, BAYTREE HILL PL14 4BG
1 bed 1 bath Retail Property (high street)
Prominent high-street freehold with short-term income and redevelopment potential.
Double-fronted Victorian retail on prominent town-centre corner
An unusually large, double-fronted Victorian high‑street property in Liskeard, offered freehold and selling by public auction on 11th December. The three-storey building includes a substantial ground-floor retail space (3,815 sq ft) with two self-contained flats above and occupies a prominent conservation-area corner near Fore Street and multiple national retailers.
The property is let on a repairing and insuring lease to Boots UK Ltd, producing £29,500 per annum from 7 August 2025 for five years, with a tenant break option on 7 August 2028. The commercial element benefits from a C EPC; the flats are rated D and E. There is no flood risk and mobile signal is excellent, though broadband speeds are very slow.
Potential buyers should note the location sits within a very deprived area with high recorded crime and a Transitional Eastern European neighbourhood profile; a public notice/repossession is recorded. The building has strong town-centre visibility and period character, offering redevelopment or re-letting potential once the short lease term and tenant break approach.
This lot suits investors seeking an immediately income-producing freehold with medium-term reversion, or a buyer prepared to refurbish and re-market a large, character retail unit in a small town centre. Auction sale and existing tenancy make purchase timing and due diligence critical.
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