Retail Property (high street)
- 1,015 Sq Ft
- MIXED INVESTMENT OPPORTUNITY
- CLOSE TO TRURO CITY CENTRE
- SHOP WITH FLAT ABOVE
- OFF ROAD PARKING TO REAR
- ENERGY PERFORMANCE RATING (D)
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.
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 6-month Assured Shorthold Tenancy Agreement (AST) agreement expiring on 09/09/2019. The passing rent is £595pcm.
The total estimated rental value for the building is £16,140pa. At the current asking price this reflects a yield of 8.5%.
An internal inspection can be arranged via Redgrave Commercial.