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5 Fore St 314 SF Retail Building Mevagissey PL26 6UQ $511,476 CAD ($1,628.90 CAD/SF)



INVESTMENT HIGHLIGHTS
- Mevagissey mixed retail and residential investment property
- Charming harbourside retail shop with self-contained flat
- Well-presented corner retail unit with excellent visibility
- A rare chance to acquire a mixed-use Grade II freehold investment within the popular south Cornish town, fully let
- Located in the iconic and characterful village of Mevagissey, with thriving tourist appeal throughout the year
- Sold with existing tenants short term lease on the commercial shop (business not affected) offer potential vacant possession
EXECUTIVE SUMMARY
Freehold subject to the existing tenancies £275,000.
The ground floor is let on a commercial lease to a Limited Company on a 12 month (‘54 Act opted-out) full repairing and insuring lease expiring 31 May 2026 with both Landlord and Tenant breaks. offering the potential of vacant possession. The flat is separately let to different individuals on a periodic AST. Copies of the letting agreements and rental are available upon request.
5 Fore Street offers the opportunity to acquire a ground floor shop with a separate upper floor maisonette under one Title, both let, within the heart of the picturesque harbour town of Mevagissey, on the south Cornish Coast. A period Grade II Listed Building, the ground floor shop benefits from a corner position with frontage to both Fore Street and Tregoney Hill. The sales area extends to just over 300 sq ft, trading as a clothing and accessories store, with integral storage and WC. With its high-visibility position on Mevagissey's main street and a stones throw away from the harbourside, the shop enjoys excellent footfall and a highly desirable location.
Accessed off Tregoney Hill an entrance door enters into a ground floor vestibule with a staircase leading to a two-level maisonette flat. The first floor offers a kitchen area with modern units and window to the side. An open-plan living and dining area has dual frontage over Fore Street.
On the upper level, the landing leads to a bathroom plus two double bedrooms, all well presented and decorated.
5 Fore Street enjoys a prime location in the picturesque village of Mevagissey, considered to be one of Cornwall’s most favoured harbourside communities. This quaint fishing village is an ideal base for guests to explore some beautiful sandy beaches including Gorran Haven, Pentewan Sands and the nearby Port Mellon Cove. The popular Lost Gardens of Heligan are on the outskirts of Mevagissey, and the world famous Eden Project is within approximately 10 miles.
Situated on corner of Fore Street and Tregoney Hill, the property is located in a central position within the main trading area of the town amongst a variety of commercial businesses, a short walk from the town’s harbour and car parks.
The ground floor is let on a commercial lease to a Limited Company on a 12 month (‘54 Act opted-out) full repairing and insuring lease expiring 31 May 2026 with both Landlord and Tenant breaks. offering the potential of vacant possession. The flat is separately let to different individuals on a periodic AST. Copies of the letting agreements and rental are available upon request.
5 Fore Street offers the opportunity to acquire a ground floor shop with a separate upper floor maisonette under one Title, both let, within the heart of the picturesque harbour town of Mevagissey, on the south Cornish Coast. A period Grade II Listed Building, the ground floor shop benefits from a corner position with frontage to both Fore Street and Tregoney Hill. The sales area extends to just over 300 sq ft, trading as a clothing and accessories store, with integral storage and WC. With its high-visibility position on Mevagissey's main street and a stones throw away from the harbourside, the shop enjoys excellent footfall and a highly desirable location.
Accessed off Tregoney Hill an entrance door enters into a ground floor vestibule with a staircase leading to a two-level maisonette flat. The first floor offers a kitchen area with modern units and window to the side. An open-plan living and dining area has dual frontage over Fore Street.
On the upper level, the landing leads to a bathroom plus two double bedrooms, all well presented and decorated.
5 Fore Street enjoys a prime location in the picturesque village of Mevagissey, considered to be one of Cornwall’s most favoured harbourside communities. This quaint fishing village is an ideal base for guests to explore some beautiful sandy beaches including Gorran Haven, Pentewan Sands and the nearby Port Mellon Cove. The popular Lost Gardens of Heligan are on the outskirts of Mevagissey, and the world famous Eden Project is within approximately 10 miles.
Situated on corner of Fore Street and Tregoney Hill, the property is located in a central position within the main trading area of the town amongst a variety of commercial businesses, a short walk from the town’s harbour and car parks.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
314 SF
Building Class
C
Year Built
1900
Price
$511,476 CAD
Price Per SF
$1,628.90 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.13
Lot Size
0.05 AC
Frontage
41’ on Fore Street
AMENITIES
- Security System
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