Guide price
£275,000
Industrial for saleUnits 1-11, The Old National School, St. Thomas Road, Launceston, Cornwall PL15
EPC Rating: E
Just added
Auction
Freehold
About this property
For sale by auction on Tuesday, 21 Oct 2025 at 14:00
Venue: Live Stream
Commercial Investment Property.
Built in 1840 and restored in 1984 The Old National School is an attractive building comprising a range of office suites and ancillary accommodation with a semi rural outlook located close to Launceston town centre. There is extensive car parking with the addition of a large carpark to the rear.
Auctioneers note
The property is currently part let generating a rental income of approx. £11,700 pa + VAT. The seller has advised when it was fully let it achieved an approx. Income of £35,799pa + VAT.
The units are on their own electric meters. The gas is shared between 4 units apportioned by square footage.
The building is arranged over three levels, each level providing a number of cellular offices and the building has two main access points. There are two carparks the upper carpark and a lower expansive carpark with a electronic barrier.
Accommodation
Ground Floor Unit 1 - hallway, office room, large dual office room, mezzanine office & kitchen.
Ground Floor Unit 2 - ladies toilet, men's toilet, four office rooms one inclusive of a kitchen area.
Stairs to First Floor
First Floor Unit 3 - ladies toilet, double doors giving access to 6 offices.
Stairs to Second Floor
Second Floor Unit can be accessed internally and via the main door to the building. 6 offices, kitchen/dining room.
Externally there is an outside picnic area and semi rural countryside views.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
Viewings
Please telephone Auction House South West on to request a viewing.
Notice to bidder
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Additional Fees
Buyers Premium: £360 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Live Stream
Commercial Investment Property.
Built in 1840 and restored in 1984 The Old National School is an attractive building comprising a range of office suites and ancillary accommodation with a semi rural outlook located close to Launceston town centre. There is extensive car parking with the addition of a large carpark to the rear.
Auctioneers note
The property is currently part let generating a rental income of approx. £11,700 pa + VAT. The seller has advised when it was fully let it achieved an approx. Income of £35,799pa + VAT.
The units are on their own electric meters. The gas is shared between 4 units apportioned by square footage.
The building is arranged over three levels, each level providing a number of cellular offices and the building has two main access points. There are two carparks the upper carpark and a lower expansive carpark with a electronic barrier.
Accommodation
Ground Floor Unit 1 - hallway, office room, large dual office room, mezzanine office & kitchen.
Ground Floor Unit 2 - ladies toilet, men's toilet, four office rooms one inclusive of a kitchen area.
Stairs to First Floor
First Floor Unit 3 - ladies toilet, double doors giving access to 6 offices.
Stairs to Second Floor
Second Floor Unit can be accessed internally and via the main door to the building. 6 offices, kitchen/dining room.
Externally there is an outside picnic area and semi rural countryside views.
Full details
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
Viewings
Please telephone Auction House South West on to request a viewing.
Notice to bidder
Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Additional Fees
Buyers Premium: £360 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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