Investment, Retail Property (high street)

Rohan Investment, 11 River Street, Truro TR1 2SQ

  • Truro
  • £490,000
  • 1,654 Sq Ft

Property Features

  • RETAIL INVESTMENT OPPORTUNITY
  • GOOD SECONDARY TRADING PITCH
  • GROUND FLOOR 1,040SQFT WITH FLAT ABOVE
  • WHOLE BUILDING LET TO ROHAN DESIGNS LTD
  • ENERGY PERFORMANCE RATING (D)

Property Summary

Retail investment opportunity, centrally located within Truro. The building is occupied by Rohan Designs Ltd with the benefit of a new 10-year lease at an annual rent of £35,000pa which reflects a gross yield of 7.1%.

 

Full Details

Accommodation:
Ground Floor:
Retail - 13.3m x 6.3m - 80.8sqm (870sqft)
Store - 4.1m x 3.8m - 15.8sqm (170sqft)
GF Total - 96.6sqm (1,040sqft)
First Floor:
Independently accessed one bedroom flat
Gross Internal measurements - 9.0m x 6.4m - 57.1sqm (614sqft)
Grand Total - 153.7sqm (1,654sqft)

Lease Terms:
The freehold is available subject to and with the benefit of a new 10-Year lease to Rohan Designs Ltd. The commencing rent is £35,000pa with lease expiry September 2027 and the property is let on Full Repairing and Insuring terms.

Viewings:
The shop is currently trading and can be informally inspected during trading hours. For a more formal inspection of ancillary areas and the first floor flat, please contact Redgrave Commercial.

More Information

  • Make Enquiry
  • View Brochure
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  • Call 01872 277 314