This mixed-use freehold property presents an excellent investment opportunity in the heart of Falmouth High Street. Comprising a duplex apartment and a commercial retail space, this Grade II listed building offers significant potential for enhancement. The residential section spans approximately 95 sqm and is in need of refurbishment, allowing for personalized upgrades that can increase its rental value. The layout includes a spacious first-floor living area, multiple bedrooms on the second floor, and usable loft space with natural light from Velux windows. The ground floor commercial unit is currently tenanted under a long-term lease which provides a steady annual income of £18,750, with potential for future rental growth upon lease renewal. With total combined square footage nearing 223 sqm, this asset not only offers immediate returns but also opportunities for asset management and redevelopment (subject to planning permissions). Ideal for investors seeking properties with intrinsic value and renovation potential in a desirable location.
