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Prime Retail Investment Property In Fowey For Sale

Fowey, Cornwall, UK
Asking Price:
£425,000
Turnover:
£30,000
Net Profit:
Undisclosed

Attractive freehold retail investment located in the heart of Fowey’s main shopping district, offering immediate rental income from an established national tenant. This Grade II Listed property presents a strong opportunity for investors seeking a secure, income-generating asset in a highly desirable coastal location.

The property comprises a well-positioned ground floor retail unit with prominent window frontage onto Fore Street, providing excellent visibility and footfall. Internally, the space includes a spacious sales area, rear kitchenette, WC, and additional storage, with further storage accommodation on the first floor. A side display box enhances product visibility and retail appeal.

Situated just a short distance from the town quay and waterfront, the property benefits from high levels of tourist and local trade throughout the year. Fowey is one of Cornwall’s most sought-after waterside towns, attracting visitors, yacht enthusiasts, and cruise traffic, ensuring strong demand for retail space. The surrounding area features a mix of national brands and independent retailers, restaurants, and boutique accommodation.

The property is currently let to Saltrock Surfwear Limited on a 5-year lease from April 2024, with upward-only rent reviews and a tenant break clause, providing a reliable income stream and future asset management potential.

Enquire now to secure this prime retail investment opportunity in Fowey.

Property Information

Property:

Freehold

Location:

Fowey is regarded as one of the most attractive of Cornwall’s waterside towns, situated on the South Cornish coast. The natural harbour is a popular destination for visiting yachtsmen, as well as holidaying tourists, and remains a busy working commercial port, including for visiting cruise ships. The town provides a wide range of shops and businesses catering for both the tourist market and day to day needs, as well as restaurants, boutique hotels and public houses, with primary and secondary schools, a cottage hospital and leisure centre all in close proximity to the town centre. The immediate area is surrounded by many miles of delightful coast and countryside, much of which is in the ownership of the National Trust. Nearby local attractions include the world renowned Eden Project, Lanhydrock House and the Lost Gardens of Heligan. Larger nearby towns include St Austell and Bodmin and there are good road and rail links with easy access to the A38 and A30 and mainline railway connections available at Par, 4 miles to the west, or at St Austell, approximately 8 miles away.

Premises Details:

Grade II Listed retail unit with ground floor sales area, rear kitchenette, WC, and first floor storage. Includes prominent frontage and additional display box.

Size in square feet:
947 sqft
Planning Consent:

Retail use (subject to confirmation and Grade II Listed status).

Business Operation

Expansion Potential:

Potential to enhance value through future lease negotiations or internal reconfiguration (subject to planning and listing constraints).

Competition / Market:

Located within Fowey’s main retail area alongside national and independent retailers, benefiting from strong year-round and seasonal demand.

Reasons for selling:

Investment disposal

Trading hours:

As per tenant operations