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Retail Shop In Truro City Centre For Sale

Truro, Cornwall, UK
Asking Price:
£59,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Well-located ground floor retail unit positioned close to Truro’s prime shopping pitch, offering an affordable entry point for independent retailers or service-based businesses. The premises benefits from a traditional shopfront, modern LED lighting, and recently updated electrical wiring, making it ready for immediate occupation.

Situated on River Street, the property enjoys strong footfall from both local residents and visitors. Truro is Cornwall’s principal retail and administrative centre, with a catchment population of approximately 265,000. Nearby occupiers include popular cafés, established local retailers, and the Royal Cornwall Museum, ensuring consistent passing trade.

The unit provides a practical sales space suitable for a variety of retail or service uses. With low overheads, small business rates relief eligibility, and a long leasehold interest, it presents an excellent opportunity for owner-operators or investors seeking a low-risk commercial asset. Security is enhanced with detachable steel grilles, and fibre internet is already connected.

Support and guidance can be obtained through the agent, and viewings are encouraged to fully appreciate the location and potential. Enquire now to secure this well-positioned retail opportunity.

Property Information

Property:

Leasehold

Lease Terms:

The property is held on a 999 year lease (with approximately 970 years unexpired) at a peppercorn ground rent. An annual insurance payment is made to the freeholder which, this year, we are advised was around £265. £59,000 is sought for the long leasehold interest.

Location:

Truro is the principal retail and administrative centre for Cornwall, offering one of the most diverse and attractive shopping environments in the South West. As the county’s only city, it attracts consistent footfall from both residents and visitors, supported by a strong mix of national and independent retailers.

The city is home to key public sector institutions including Cornwall Council and the Crown and County Courts, reinforcing its position as a commercial and civic hub. Truro has a resident population of approximately 23,000, with a wider catchment of around 265,000, providing a substantial and reliable customer base for retail businesses.

Premises Details:

Ground-floor lock-up shop with traditional frontage, LED lighting, new electrical re-wiring, and shared WC facilities to the rear. Steel security grilles fitted to windows and door.

Size in square feet:
190 sqft
Planning Consent:

Existing retail use; buyers should confirm suitability for intended use.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Suitable for various retail or service uses; potential to optimise layout or branding to increase revenue.

Competition / Market:

Located among a mix of established local and regional retailers, cafés, and service businesses, benefiting from steady footfall.

Trading hours:

Flexible, subject to business type

Employees:
Owner-operated or minimal staffing required

Other Information

Support & training:

Available via agent guidance if required.