Retail Property (high street)

14 Frances Street, Truro TR1 3DN

  • Truro
  • £190,000
  • 1,015 Sq Ft

Property Features

  • MIXED INVESTMENT OPPORTUNITY
  • CLOSE TO TRURO CITY CENTRE
  • SHOP WITH FLAT ABOVE
  • OFF ROAD PARKING TO REAR
  • ENERGY PERFORMANCE RATING (TBC)

Property Summary

A great opportunity to acquire a freehold, mixed investment opportunity located in the busy city of Truro. Situated just outside of the town centre - with good transport links to the A30, the property consists of ground floor retail space, basement, 2 bedroom first floor flat with roof terrace, and off road parking for 2 cars to the rear.

Full Details

Accommodation:
Shop:
Ground Floor - 50.9sqm (548sqft)
Lower Ground Floor - 43.3sqm (467sqft)

Shop Total (NIA) - 94.2sqm (1,014sqft)

First Floor Flat:
Comprising of 2 bedrooms, lounge, kitchen, bathroom and roof terrace.
Gross Internal Area - 64.9sqm (699sqft)
Roof Terrace - 9.1sqm (98sqft)
Flat Total (GIA) - 64.9sqm (699sqft)

Schedule of Income:
The shop is currently vacant and has an estimated rental value of £9,000pa.

The first floor flat is currently let on a 2-year agreement expiring in August 2020. The passing rent is £595pcm.

The total estimated rental value for the building is £16,140pa. At the current asking price this reflects a yeild of 8.5%.

Viewings:
An internal inspection can be arranged via Redgrave Commercial.

More Information

  • Make Enquiry
  • Call 01872 277314