Commercial Development, Commercial Property, Investment
- 2,475 Sq Ft
- INVESTMENT / DEVELOPMENT OPPORTUNITY
- CENTRALLY LOCATED WITHIN TRURO
- MIXED USE PROPERTY
- CLOSE TO PARKING
- ENERGY PERFORMANCE RATING (D)
A mixed investment opportunity, also offering development potential. The ground floor is currently vacant so this could be occupied by the buyer. The penthouse apartment is also vacant, so this could be occupied by the buyer. The first floor is currently let producing an income of £13,800pa. The ground floor shop is let at £18,200pa & the flat would let for circa £13,200pa so the potential total income is £45,200pa.
Accommodation in Detail:
Retail space comprising 3 rooms & kitchen totaling 75.4sqm (812sqft)
Suite 1 - 58.6sqft (631sqft)
Suite 2 - 18.6sqm (200sqft)
Shared Kitchen and WC facilities
3-Bedroom Apartment - 77.9sqm (838sqft)
Total Floor Area - 230sqm (2,475sqft)
Ground Floor - Let at £18,200pa
First Floor - Actual £13,860pa
Second Floor - Potential £13,200pa
Total Potential - £45,200pa
Value Added Tax:
The purchase price is currently subject to VAT where applicable, the owner is currently seeing if this can be removed.
Should the property seem suitable and following an external inspection, an internal viewing can be arranged vis Redgrave Commercial.