This property is between St Thomas Rd and St Thomas Hill, offers excellent live/work possibilities with commercial use on the ground floor + a spacious 4 bed maisonette on the 1st and 2nd floor. EPC EXEMPT. Read more
This property is between St Thomas Rd and St Thomas Hill, offers excellent live/work possibilities with commercial use on the ground floor + a spacious 4 bed maisonette on the 1st and 2nd floor. EPC EXEMPT.
Great commercial/investment live/work opportunity. Premises with three storey accommodation. Highly visible and prominent ground floor commercial area. Four bedroom modern well-appointed maisonette. Splendid enclosed roof terrace with far reaching views to Launceston Castle. Integral garage with parking for one car. Modern comforts to include gas fired central heating and some secondary glazed windows. Having been extensively improved and renovated over the past eleven years.
LOCATION The ancient former market town of Launceston boasts a comprehensive range of shopping, schooling, commercial and recreational facilities and lies adjacent to the A30 trunk road giving access to Truro and West Cornwall in one direction and Exeter and beyond in the opposite direction.
THE PROPERTY This Grade II Listed circa 200 year old property was acquired by our clients back in 2006 for the purpose of providing both a comfortable home and premises in which to grow their business.In a highly prominent location 42 St Thomas Road has lots of character features.Due to the success of the business the current owners have sourced larger office space and therefore this freehold building is available with no forward chain.Over the past eleven years they have made numerous significant improvements to the building with a great deal of expenditure going into re-roofing, installing new heating, hot water and ventilation systems, insulating throughout and where possible double and secondary glazing.
42 St. Thomas Road comprises a spacious ground floor commercial area consisting of a large staff room with original slate floor, commercial office area with space for 4/5 desks and plenty of natural light as well as a meeting room and ground floor WC.There is a good sized integral garage with concertina doors providing off road parking.
The first floor is accessed from a sweeping staircase with period balustrade where there is plenty of reception accommodation for the maisonette including a large lounge, formal dining room and a kitchen/breakfast room which is well equipped with a range of matching wall and base units as well as an integrated electric oven, gas hob and extractor.The light and airy kitchen area has wood floorboards, a feature fire surround and access to the enclosed paved roof terrace which enjoys a striking view up to Launceston Castle.The terrace is the perfect place for eating outside during the warmer months.
On the second floor there are four bedrooms, the master bedroom suite has fitted wardrobes and a modern well-appointed en-suite shower room/WC.Two further bedrooms are large enough to accommodate a double bed with the fourth bedroom being a single room.The family bathroom/WC is also modern with a shower unit over the panelled bath.
Our clients have renovated and improved the property significantly with full support of the conservation officer in line with listed building guidelines including a discrete solar thermal supply for the hot water to the maisonette.On the ground floor the commercial area has a wood pellet boiler which creates underfloor heating in the office.It is worth noting that there is a useful basement providing further storage.We regard 42 St. Thomas Road to be a perfect opportunity for someone looking to grow their own business in what is a prominent location.The efficient set up provides comfortable living above the commercial premises and convenient access to both Newport and the town centre.The property has a long history of housing successful local businesses and together with the maisonette offers over 200sqm GIA.We have no hesitation in recommending an early internal inspection.
TENURE The owner will offer the property for sale or to rent. The entire premises are available to rent on the basis of a new 5 year lease at £1,250 per calendar month on full repairing and insuring terms. An incoming tenant will need to provide the usual bank reference and two trade references for landlord's approval. Alternatively the freehold of the premises will be available at a sale price of £215,000. The premises are in an eye catching main road position and ideal for professional offices or retail.
The accommodation briefly comprises:
COMMERCIAL AREA15'8" (4.78m) max x 16'10" (5.13m) max.
STAFF ROOM14;9" (0.23m) max x 14'2" (4.32m) approx.
MEETING ROOM11'10" x 11'2" (3.6m x 3.4m).
DOWNSTAIRS WC4'8" x 3'10" approx (1.42m x 1.17m approx).
GARAGE20'5" (6.22m) approx x 11'8" (3.56m) approx.
LOUNGE12'10" (3.91m) max x 17'2" (5.23m) max.
KITCHEN/BREAKFAST ROOM17'3" (5.26m) max x 20'10" (6.35m) max.
DINING ROOM11'10" x 9'10" (3.6m x 3m).
ROOF TERRACE24'3" max x 16'5" max (7.4m max x 5m max).
BEDROOM ONE17'5" (5.3m) max x 9'5" (2.87m) approx.
EN-SUITE4'7" x 6'8" (1.4m x 2.03m).
BEDROOM TWO13'10" max x 11'2" max (4.22m max x 3.4m max).
BEDROOM THREE18'4" max x 8'6" max (5.59m max x 2.6m max).
BEDROOM FOUR5'6" x 7'9" (1.68m x 2.36m).
BATHROOM/WC8'5" x 5'5" (2.57m x 1.65m).
BASEMENT AREA12'1" x 18'3" (3.68m x 5.56m).
SERVICES Mains water, electricity, drainage and gas.
COUNCIL TAX BAND A - Cornwall Council
RATEABLE VALUE The commercial area of the property has a rounded down rateable value of £3,150.Our client has successfully applied for 100% business rate relief for the period 1/4/2017 any prospective purchaser would need to make a similar application before qualification.
VIEWING Strictly by appointment through the selling agents.
VAT We understand that our client has not opted to charge VAT.All interested parties should make their own enquiries of HMRC
WEBBERS DO NOT JUST SELL HOUSES Established over 40 years ago our dedicated specialist Commercial Department deals in the sale and letting of all types of commercial property including Guest Houses, Hotels, Restaurants, Pubs, Holiday Complexes, General Businesses, Post Offices, Retail Businesses of all kinds, Shops, Offices, Investments and Industrial Premises. If this property does not suit visit our web site www.webberscommercial.co.uk or call our office on 01271 347888. For out of hours call our mobile number 07967 385228.
WANT TO KNOW MORE? We recognise that buying a property is a big commitment and, therefore, recommend that you visit the local authority website (contact the branch for details) and the following websites for more helpful information about the property and local area before proceeding. www.environment-agency.gov.uk www.landregistry.gov.uk www.gov.uk/green-deal-energy-saving-measures www.homeoffice.gov.uk www.ukradon.org www.fensa.org.uk www.nesltd.co.ukhttp://list.english-heritage.org.uk