Enquire Now
For Sale

37 Fore Street

Specifications

1,966 Sq Ft (182.64 Sq M)
£
For Sale: £280,000 Freehold
37 Fore Street, East Looe, Looe, Cornwall, PL13 1AD
Current Brochure

Summary

Retail investment opportunity
Let to Cancer Research UK on a new 5 year lease
Popular tourist destination
Rental income of £24,500 pa
NIY - 8.49%

Description

Well presented period freehold retail premises in a prominent location on Fore Street, benefitting from strong footfall and visibility. The property provides ground floor retail accommodation with an office and rear store, together with additional ancillary/storage space over the first and second floors, including staff welfare facilities. The upper floors are accessed via both front and rear staircases. To the rear, the store opens onto a small courtyard, and a further side access door provides convenient loading access.

Location

Looe is a picturesque coastal town in south east Cornwall, located approximately 20 miles west of Plymouth and around 7 miles south of Liskeard. The neighbouring communities of East and West Looe sit on either side of the River Looe, connected by a historic harbour setting.

With origins as a fishing port and market town, East Looe expanded further during the 18th and 19th centuries, supported by quayside trade and the export of mineral ores from nearby mines. Today, the town centre retains much of its medieval street layout, characterised by narrow lanes and an attractive mix of 17th, 18th and 19th century buildings. Many provide ground-floor retail and hospitality uses, with residential accommodation above.

Looe's economy is now strongly driven by tourism, which has grown significantly in recent years. The town has a resident population of approximately 5,400, with the majority living in East Looe.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

Ground floor - 90.74 sq m (977 sq ft)
First floor - 67.26 (724 sq ft)
Second floor - 24.60 sq m (265 sq ft)
ITZA - 63.08 sq m (679 sq ft)
Total - 182.61 sq m (1,966 sq ft)

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £22,500, therefore making the approximate Rates Payable £8,595 per annum for 2026/27.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

E (119)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

The property has been elected for VAT and therefore VAT will be charged on the price.

Agent Contacts