Costa Coffee investment acquired
Interesting grade 2 listed property acquired for pension fund in Cornish market town of Launceston in the main square close to the castle. The town has a heritage railway visitor town and is a main shopping centre for the adjoining rural areas.
The property comprises an imposing 4 storey Grade 2 listed period building of some 6000 sq ft The ground floor is well presented trading as Costa coffee and comprises a food and beverage counter, generous seating areas, stores, staff and customers wc facilities and staff room/office. The basement provides basic storage.
The first and second floors are accessed separately from Broad St and currently not occupied although forms part of the tenants demise. The upper floors offer future potential for residential subject to the necessary planning approval and Listed building consent