Commercial Property in Launceston available for sale
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Commercial Properties for Sale near the Launceston, UK

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Explore the Latest Launceston Commercial Property for Sale

Retail Industrial Commercial Land
More details for 13 Broad St, Launceston - Retail for Sale

13 Broad St

Launceston, PL15 8AA

  • Retail for Sale
  • £350,000
  • 4,766 sq ft
  • Security System

Launceston Retail for Sale

The building is a former bank premises with significant floor space set over five floors. The front elevation is clad in granite and the interior is fitted with ornate period features throughout to include large sash windows to the front with secondary glazing to the first floor front elevation windows. The building includes an air source heat pump and air conditioning systems for heating and cooling and is fitted with automated lighting in many rooms with many other modern improvements throughout the building. The property is not understood to be listed albeit it is located in a conservation area. The premises could be suitable for alternative uses subject to obtaining appropriate planning consents.

Contact:

Philips Rogers

Property Subtype:

Shopfront

Date on Market:

31/07/2025
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More details for Pennygillam Way, Launceston - Industrial for Sale

Pennygillam Industrial Estate - Pennygillam Way

Launceston, PL15 7ED

  • Industrial for Sale
  • £700,000 - £800,000
  • 10,628 - 30,965 sq ft
  • 4 Units Available
  • Energy Performance: C

Launceston Industrial for Sale

Martins Cash and Carry sits within an approximately 3.15 acre site (predominantly of concrete/tarmac/some unmade hardstanding) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The majority of the site is currently vacant although there is one tenant occupying the western end of the site on a three year contracted out lease. The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).

Contact:

Philips Rogers

Property Subtype:

Warehouse

Date on Market:

16/10/2024
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More details for Pennygillam Way, Launceston - Industrial for Sale

Pennygillam Industrial Estate - Pennygillam Way

Launceston, PL15 7ED

  • Industrial for Sale
  • £1,575,000
  • 47,990 sq ft
  • Energy Performance: C

Launceston Industrial for Sale

The freehold is available for sale from £625,000 for the freehold interest. 2No. remaining plots available within a 1.88 acre site: Plot 2 - Site Area (including buildings) - 4,608.42 sq.m. (49,605 sq.ft.) - 1.14 acres Plot 3 - Site Area (including buildings) - 3,019.21 sq.m. (32,499 sq.ft.) - 0.75 acres Please see attached brochure for further details Approximately 1.88 acre (site and buildings) running parallel to Pennnygillam Way with numerous connected warehouses, a 2 storey office block and a cabin set within. The remainder of the site is currently vacant. Plots 1 and 4 at either end of the site are sold subject to contract. There will be new entrances installed at each end of the site to replace those that will be lost in the sales of Plot 1 and 4 (plans available upon request). The site has significant development/refurbishment potential and could be suitable for various uses (subject to planning).

Contact:

Philips Rogers

Property Subtype:

Warehouse

Date on Market:

29/06/2022
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Commercial Properties for Sale Within 5 miles of the Launceston, UK

More details for Victoria Business Park, Roche - Industrial for Sale

Brake Bros - Victoria Business Park

Roche, PL26 8LX

  • Industrial for Sale
  • £1,000,000
  • 11,495 sq ft

Roche Industrial for Sale

Seeking offers in excess of £1,000,000 (One million pounds) for the freehold interest of the premises, reflecting a net initial yield of 6.5% (assuming purchaser’s costs of 5.75%) and a capital value of only £74 per sq ft. The property is let to Sysco GB Ltd (formerly Brake Bros Ltd) on a 20 year lease without break expiring 26th January 2033, providing an unexpired lease term of approximately 7 years. The current rent is £68,663 per annum which equates to a rent of £5.08 per sq ft. There are upwards only rent reviews every 5 years annually compounded in line with RPI (subject to a cap of 4% pa). The property is let on Full Repairing and Insuring terms subject to a Schedule of Condition. The tenant has a right of renewal for a further term of 15 years on 6 months’ notice.

Contact:

Lambert Smith Hampton

Property Subtype:

Cold Storage

Date on Market:

18/11/2025
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More details for B3274, Roche - Light Industrial for Sale

Cornwall Services Business Park - B3274

Roche, PL26 8UF

  • Light Industrial for Sale
  • £620,000 - £635,000
  • 3,242 - 3,331 sq ft
  • 4 Units Available

Roche Light Industrial for Sale - Cornwall

Planning permission has been granted (Application Reference PA23/10387) for the construction of 4 units which will be situated at the entrance to Cornwall Services and form part of the new Cornwall Services Business Park. The units will comprise of an open warehouse area with an office / mezzanine. There will be parking and loading to the front of the units. The size of the units could be altered to suit requirements. There is a small level change between Units 2 & 3. The units will be finished to a standard shell specification

Contact:

Vickery Holman

Date on Market:

13/12/2024
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More details for 90 Beacon Rd, Bodmin - Land for Sale

90 Beacon Rd

Bodmin, PL31 1AW

  • Land for Sale
  • 3.65 ac Plot

Bodmin Land for Sale

Offers are being sought for this residential development opportunity (subject to planning). The site sits on brown field land and comprises a number of dated industrial/workshop units together with some adjacent undeveloped land extending to a total area of approximately 3.65 acres (1.48 hectares) . It is well positioned for residential development (subject to planning).

Contact:

Lambert Smith Hampton

Property Subtype:

Residential

Date on Market:

07/07/2025
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LoopNet UK Cornwall Commercial Properties For Sale in Launceston, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Launceston

See All Properties For Sale
How many Commercial Property listings are available for sale in Launceston?
There are currently 5 Commercial Properties available for sale near Launceston. These Launceston Commercial Property listings have an average size of 22,230 sq ft. The largest available listing in Launceston is 47,990 sq ft. The thriving commercial centre and excellent transport links in Launceston make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Launceston?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Launceston currently range from £20 to £56 per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Launceston?
There is a diverse range of commercial properties available in Launceston to suit various business needs. Launceston offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 Launceston commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Launceston, UK

Market Overview for Commercial Properties in Launceston

Key information for Commercial Properties investors in Launceston and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Launceston £39 22,230 sq ft
Wadebridge £65 4,508 sq ft
Chacewater £278 373 sq ft
Roche £116 5,537 sq ft
Lostwithiel £382 829 sq ft

Rental Price Trends in Launceston

The price per square foot range for Commercial Properties in Launceston and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Launceston £20 £39 £56
Wadebridge £65 £65 £65
Chacewater £278 £278 £278
Roche £65 £116 £142
Lostwithiel £382 £382 £382

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Launceston area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Launceston 4,766 sq ft 22,230 sq ft 47,990 sq ft
Wadebridge 4,508 sq ft 4,508 sq ft 4,508 sq ft
Chacewater 373 sq ft 373 sq ft 373 sq ft
Roche 3,242 sq ft 5,537 sq ft 11,495 sq ft
Lostwithiel 829 sq ft 829 sq ft 829 sq ft

You searched for commercial property for sale in Launceston. Explore 4 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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