Floorplan
MapProperty for sale
Features and description
- Office Investment with Extensive Car Parking
- Unconditional Livestream Auction Tuesday 2nd December at 14:00
- Current EPC D77
- Four Units Comprising Approximately 20 Office Rooms
- Currently Part Let
- Extensive Parking with Potential for Planning Subject to Planning Consents
- Close to Launceston Town Centre
- Legal Pack Available to Download Free of Charge
- See Additional Fee Note
Guide Price £250,000 (plus fees). For sale via Livestream Auction on 02/12/25 at 14:00. Commercial Investment Property in Launceston. Legal pack available to download free of charge from our website.
Commercial Investment Property.
Built in 1840 and restored in 1984 The Old National School is an attractive building comprising a range of office suites and ancillary accommodation with a semi rural outlook located close to Launceston town centre. There is extensive car parking with the addition of a large carpark to the rear.
AUCTIONEERS NOTE The property is currently part let generating a rental income of approx. £11,700 pa + VAT. The seller has advised when it was fully let it achieved an approx. income of £35,799pa + VAT. The property will be vacant possession from the end of January 2026. The existing tenant would welcome the opportunity to remain.
The units are on their own electric meters. The gas is shared between 4 units apportioned by square footage.
The building is arranged over three levels, each level providing a number of cellular offices and the building has two main access points. There are two carparks the upper carpark and a lower expansive carpark with a electronic barrier. The lower carpark and building has potential for development subject to the appropriate planning consents.
ACCOMMODATION Ground Floor Unit 1 - hallway, office room, large dual office room, mezzanine office & kitchen.
Ground Floor Unit 2 - ladies toilet, men's toilet, four office rooms one inclusive of a kitchen area.
Stairs to First Floor
First Floor Unit 3 - ladies toilet, double doors giving access to 6 offices.
Stairs to Second Floor
Second Floor Unit can be accessed internally and via the main door to the building. 6 offices, kitchen/dining room.
Externally there is an outside picnic area and semi rural countryside views.
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
VIEWINGS Please telephone Auction House South West on[use Contact Agent Button] to request a viewing.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Freehold
EPC Rating: D77
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £360 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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