PL11 13 Fore Street, Torpoint

We are delighted to offer to the market this mixed-use investment where Done Brothers (Cash Betting) Ltd who trade as Betfred are the ground floor shop tenants and have a lease in place until 31st December 2026. The annual rent achieved is £10,500 PAX.

The lower ground floor is let to a Slimming World franchisee who has a lease in place until 30th September 2026. The annual rent achieved is £4,200 PAX.

Flat one is on an assured shorth hold tenancy with an annual income of £6,900 per annum. Flat two is also on an assured short hold tenancy with an annual income of £6,900 per annum.

Torpoint is a thriving town located in South East Cornwall across the River Tamar opposite Plymouth. The catchment population of Torpoint and the Rame Peninsula is in excess of 12,000. Located in the town is the Royal Navy Training Base, HMS Raleigh. The main employer, apart from the Royal Navy, is Devonport Dockyard located across the River in Plymouth. Road communication is via the A374 with a vehicle ferry link to Plymouth, which runs an all-night service.