Investment

Red Elephant Premises, 4 Quay Street, Truro TR1 2HB

  • Truro
  • £125,000
  • 210 Sq Ft

Property Features

  • FREEHOLD INVESTMENT
  • CENTRALLY LOCATED NEAR CATHEDRAL
  • YIELD OF 6.0% RISING TO 6.7%
  • NEW 6-YEAR LEASE EXPIRING 2029
  • ENERGY PERFORMANCE RATING (D)

Property Summary

A neat little investment opportunity, a quaint shop centrally located near the Cathedral, let to an experienced husband and wife team as a salon. The property is let on a new 6-year lease expiring 30th March 2029.

Full Details

Accommodation:
Average Depth - 3.0m
Width - 6.5m
Net Internal Area - 19.5sqm (210sqft)
WC Facilities

Lease Terms:
Term - 6-Years
Rent - Years 1-3 - £7,500pa; Years 4-6 - £8,400pa
Commencement - 31st March 2023
Expiry - 30th March 2029
Break - 31st March 2026

Internal Inspection
Any interested parties are recommended to inspect externally to ensure the situation is appropriate and the entire floor area can be seen from outside. If the opportunity is of intertest following this then an internal inspection can be arranged via Redgrave Commercial.

More Information

  • Make Enquiry
  • Call 07866 584118