Industrial / Warehousing, Investment
- 2,758 Sq Ft
- INVESTMENT OPPORTUNITY
- LOCATED IN CHURCH VIEW BUSINESS PARK
- ANNUAL RENT £23,400
- YIELD OF 7.2%
- ENERGY PERFORMANCE RATING (A)
Investment opportunity, within Church View Business Park, Falmouth. The building is occupied by Penningtons (Falmouth) Ltd under a 6-year lease at an annual rent of £23,400pa which reflects a gross yield of 7.2%.
Warehouse - 199.7m (2,149sqft)
Office - 40.2m (432sqft)
Total GIA - 256.2m (2,758sqft)
The freehold is available subject to and with the benefit of a 6-Year lease to Penningtons (Falmouth) Ltd. The commencing rent is £23,400pa increasing to £25,800 after year 3 with lease expiry September 2024 and the property is let on Full Repairing and Insuring terms.
For all internal inspections please contact Redgrave Commercial.