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Windsor Place, Liskeard
£200,000 Sold Subject to Contract


Property Details

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THE PROPERTY

Located in the centre of Liskeard stands this great investment opportunity comprising a mix of residential, retail and office accommodation including

THE PET SHOP – Standing approximately 113 sqm, this excellent retail outlet with great kerb presence. The tenants current lease runs out at the end of March 2028. There is access to the side of the building, currently not used with potential to re-in state and an option to allow separation of the main unit. A good-sized shop floor and large windows space enhance the attraction which also comprises of an office, store, kitchen, and WC.

OFFICE PREMISES – Measuring approximately 42 sqm and set to the side of the building and just off the main road. The office is a comfortable space with its own dedicated access. Let on a 3 yearly lease, the office comprises kitchen and a WC.

THE APARTMENT- Located on the top floor this 3-bedroom apartment offers space with an air of light and tranquillity. Freshly decorated and carpeted the property accommodation further comprises a fitted kitchen diner, bathroom with separate shower enclosure and lounge with side elevation rural and rooftop views. Double glazed and warmed by gas central heating this property is ready to be occupied and meet local rental demand.

THE FREEHOLD – The Freehold interest on offer includes the building and covers the commercial unit, office and 5 flats within. Each flat is on a separate leasehold title. Apartment owners pay a ground rent, maintenance charges and form as directors of the property management company – Morcom Court Property Care Company Limited.

THE OUTSIDE

To the rear of the building there is an enclosed communal courtyard for the use of all the residents.

THE LOCATION

Liskeard is a thriving market town located only 7 miles from the South Coast of Cornwall with its sandy beaches and within easy striking distance of Bodmin Moor. Providing everyday town centre facilities on the doorstep, Liskeard also benefits from having a retail park, supermarkets, leisure centre with swimming pool, squash and tennis courts, a community hospital and both primary and secondary schools.

A mainline railway station in walking distance of the town centre has branch lines to Plymouth and the nearby famous fishing port of Looe. Also the A38 dual carriageway is easily accessible with direct access into Devon and westbound further into Cornwall

FAQS
Services - Mains gas, electric, water, & drainage
Council Tax Band – Flat
Business Rates – tbc.
Garden - South
Tenure – Freehold
Apartment’s ground, Shop and Office rental return - £11,000 pa. The Commercial aspects are subject to existing tenants.
Lease Term on apartment and charges - £60 PM, maintenance, £60 PA Ground Rent – 90 years approx (tbc).
Lease Term on Shop – 21 years from March 2007
Lease Term on Office – 3 years from November 2019

DIRECTIONS
From Liskeard town centre proceed away from town along Windsor Place (B3254) towards the Railway Station. After a short distance, the property can be found on the right.
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