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Madford Lane, Launceston, Cornwall £89,950


An opportunity to purchase a freehold building in the centre of Launceston which has previously been let commercially and now has great investment opportunity for the potential conversion into a residential dwelling. EPC Exempt.

Three storey commercial freehold premises.
Having been let commercially for many years.
Today offered for sale with no forward chain.
Having a wealth of potential (subject to consents) to be converted into residential accommodation.
Grade II Listed with a wealth of character throughout.
Situated a few steps from the historic Southgate Arch.
Viewing highly recommended.
A good investment proposition.

This period three storey freehold building is located in Madford Lane, in the centre of Launceston a few steps from the historic Southgate Arch, one of the main landmarks of Launceston Town. The building itself has been successfully let commercially for many years and today is empty and offered for sale with no forward chain.

We believe (subject to obtaining all consents) that the property which was many years ago a residential dwelling could be converted to provide three storey, two bedroom accommodation, or re-let commercially as an investment as a number of small businesses have occupied the premises in recent years.

Having a wealth of character the Grade II Listed commercial premises consists of a spacious ground floor retail area with attractive multi-pane bay window. Stairs ascend to the first floor where there is a further large room and WC with a further spacious area on the second floor which has in the past been used as a kitchen area.

The property is conveniently located to the town and its commercial, recreational and educational facilities. Also located nearby is Coronation Park and the Leisure Centre. Launceston boasts numerous Primary Schools, a Secondary College and a 18 hole Golf Course. Launceston itself lies alongside the main A30 trunk road providing access to West Cornwall in one direction and Exeter and beyond in the opposite direction.

Ground Floor Shop Area 14'10" (4.52m) max x 19'9" (6.02m) max into bay.

First Floor Area 13'10" max x 12'2" (4.22m max x 3.7m).

WC 6'11" x 2'11" (2.1m x 0.9m).

Second Floor Area 13'5" max x 14'10" max (4.1m max x 4.52m max).

Tax Band The commercial area of the property has a rounded down rateable value of £4350.

(on foot) From our offices in the town centre proceed into Southgate Street and walk through Southgate Arch. Bear right into Madford Lane where No. 1 will be identified as one of the first properties along on the right hand side marked with a Webbers For Sale Board.


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17318-55816-LAU170147
Cornwall PL15 9EB
United Kingdom
Region: Cornwall
Sale Type: For Sale
Ref #: 17318-55816-LAU170147
Category: House, House