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Prime Retail Unit In Padstow For Sale

Padstow, Cornwall, UK
Asking Price:
Undisclosed
Turnover:
Not applicable
Net Profit:
Not applicable

Rare opportunity to secure a large retail unit in Padstow’s highly sought-after South Quay Retail Complex, benefiting from exceptional footfall and a prime trading position.

This spacious retail premises offers 96.0 m² (1,033 ft²) of open-plan ground floor sales space, complemented by substantial first-floor storage and office accommodation of 138.5 m² (1,490 ft²). The unit features double window frontage and a prominent entrance directly facing the main pedestrian walkway from the town’s primary car park, maximising visibility and customer access.

Positioned within the South Quay complex, the unit is uniquely the only premises not occupied by the renowned Rick Stein brand, sitting alongside the Cookery School, Fish and Chip Shop, Seafood Bar, and Deli. Located within the Railway Car Park and at the start/end of the Camel Trail, the property benefits from consistently high footfall year-round, with significant increases during peak tourist seasons. Padstow is one of the UK’s most popular coastal destinations, attracting visitors for its harbour, restaurants, and leisure attractions.

The property is suitable for a variety of retail or leisure uses, with consideration given to food-related businesses. Offered on a new full repairing and insuring lease, with flexible terms negotiable. Premium offers may allow for a lease within the Landlord and Tenant Act, providing security of tenure.

Enquire now to secure this exceptional retail opportunity in one of Cornwall’s busiest tourist hotspots.

Property Information

Property:

Leasehold

Lease Terms:

The property is offered by means of a new lease, outside the Landlord and Tenant Act with NO security of tenure, on full repairing and insuring terms. The length of the lease is negotiable.

Leasehold Rent:

£50,000 per annum

Location:

Padstow lies on the north coast of Cornwall on the western side of the Camel Estuary approximately 7 miles west of Wadebridge. The town has a resident population of 2,993 (2011 Census). The town is popular with day visitors during the holiday season due to its interesting range of shops, its reputation for restaurants, more particularly Rick Stein’s and Paul Ainsworth’s restaurants, together with features such as the harbour, ferry to Rock and the Camel Trail cycle path to Wadebridge and Bodmin. It is one of the busiest holiday destinations in the Country.

Premises Details:

Large retail unit with double window frontage, prominent entrance, open-plan sales area, extensive first-floor storage and office space, and toilet facilities.

Size in square feet:
2,523 sqft

Business Operation

Expansion Potential:

Suitable for a wide range of retail or leisure concepts, including potential for food-related use (subject to approval).

Competition / Market:

Located within a high-profile retail complex alongside major hospitality operators, benefiting from strong footfall and established destination appeal.