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£650,000
House, Fore Street, East Looe, Looe, PL13
- 4 beds
£650,000
- 4 beds
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Estimate monthly mortgage payment:
£2,967 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£32,500
Property listed by:
Bradleys Estate Agents
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We are pleased to present this Mixed Use Freehold Building to the market. This building presents opportunity for an entrepreneur or investor, with a steady income from the leased out restaurant with courtyard, the charming retail shop is in prime position on Fore Street and the accommodation above offers great development potential.
| Front | With beautiful frontage and a slate paved entrance way, large wooden glazed door gives access into... |
| Shop Area (Zone One) | 12'8" x 24'2" (3.86m x 7.37m). Incorporating feature till area with glass display cabinet, tiled flooring, feature beams |
| Shop Area (Zone Two) | 12'11" x 11'3" (3.94m x 3.43m). Measure excludes stairway. Large timber staircase leading up to the first floor level, which is currently blocked off. Underneath the staircase is an alcove currently used as a changing room. |
| . | The shop boasts a wealth of features and bay windows and is located in an iconic position along Fore Street in East Looe. |
| The Restaurant | Currently held on a lease until 2025, this generates an annual rent of £9,600. The outdoor courtyard is held on a license via the same tenant until 2025. See valuation office website https://www.tax.service.gov.uk/business-rates-find/properties/7945042000 |
| Restaurant | Accessed from the main street. Metal gate gives access through to an outdoor area, wooden stable door gives access into... |
| Main Restaurant | Tiled flooring, wooden glazed door to the side aspect, exposed beams, doors through to toilet and store room. Entrance way around to... |
| Kitchen Area | 16'5" x 18'9" (5m x 5.72m). Tiled flooring, wooden glazed door to the exterior, opening through to the garage. |
| Garage | 12'2" max x 16'6" (3.7m max x 5.03m). Currently used as a store room and leased out as part of the restaurant. |
| Store Rooms | Currently accessed from the rear of the building via wooden door, stairs lead into large open room with vaulted ceilings. Double glazed windows look over courtyard area, step raises into additional large storage room. With timber flooring and glazing in place, these large store rooms are ripe for conversion subject to permissions. |
| Accomodation | Above the shop there is accommodation that has been stripped back ready for renovation. It comprises a series of seven rooms with some original timber floorboard and wall panelling. All enjoys an outlook over the town with the top floor featuring a stunning bay window with glimpse towards the river. Currently the accommodation is uninhabitable but presents an exciting opportunity for any prospective purchaser. |
| . | ** BUSINESS RATES APPLY ** |
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£2,967 per month
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£20,000
Mortgage and legal costs:
£999
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Property details
£650,000
4 bed property for sale
House, Fore Street, East Looe, Looe, PL13
We are pleased to present this Mixed Use Freehold Building to the market. This building presents opportunity for an entrepreneur or investor, with a steady income from the leased out restaurant with courtyard, the charming retail shop is in prime position on Fore Street and the accommodation above offers great development potential.
| Front | With beautiful frontage and a slate paved entrance way, large wooden glazed door gives access into... |
| Shop Area (Zone One) | 12'8" x 24'2" (3.86m x 7.37m). Incorporating feature till area with glass display cabinet, tiled flooring, feature beams |
| Shop Area (Zone Two) | 12'11" x 11'3" (3.94m x 3.43m). Measure excludes stairway. Large timber staircase leading up to the first floor level, which is currently blocked off. Underneath the staircase is an alcove currently used as a changing room. |
| . | The shop boasts a wealth of features and bay windows and is located in an iconic position along Fore Street in East Looe. |
| The Restaurant | Currently held on a lease until 2025, this generates an annual rent of £9,600. The outdoor courtyard is held on a license via the same tenant until 2025. See valuation office website https://www.tax.service.gov.uk/business-rates-find/properties/7945042000 |
| Restaurant | Accessed from the main street. Metal gate gives access through to an outdoor area, wooden stable door gives access into... |
| Main Restaurant | Tiled flooring, wooden glazed door to the side aspect, exposed beams, doors through to toilet and store room. Entrance way around to... |
| Kitchen Area | 16'5" x 18'9" (5m x 5.72m). Tiled flooring, wooden glazed door to the exterior, opening through to the garage. |
| Garage | 12'2" max x 16'6" (3.7m max x 5.03m). Currently used as a store room and leased out as part of the restaurant. |
| Store Rooms | Currently accessed from the rear of the building via wooden door, stairs lead into large open room with vaulted ceilings. Double glazed windows look over courtyard area, step raises into additional large storage room. With timber flooring and glazing in place, these large store rooms are ripe for conversion subject to permissions. |
| Accomodation | Above the shop there is accommodation that has been stripped back ready for renovation. It comprises a series of seven rooms with some original timber floorboard and wall panelling. All enjoys an outlook over the town with the top floor featuring a stunning bay window with glimpse towards the river. Currently the accommodation is uninhabitable but presents an exciting opportunity for any prospective purchaser. |
| . | ** BUSINESS RATES APPLY ** |