Industrial / Warehousing, Investment

Unit D1 Church View Business Park, Bickland Water Road, Falmouth, TR11 4FZ

  • Falmouth
  • £325,000
  • 2,758 Sq Ft

Property Features

  • INVESTMENT OPPORTUNITY
  • LOCATED IN CHURCH VIEW BUSINESS PARK
  • ANNUAL RENT £23,400
  • YIELD OF 7.2%
  • ENERGY PERFORMANCE RATING (A)

Property Summary

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%.

Full Details

Full Details:
Accommodation:

Warehouse - 199.7m (2,149sqft)
Office - 40.2m (432sqft)

Total GIA - 256.2m (2,758sqft)

Lease Terms:
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.

Viewings:
For all internal inspections please contact Redgrave Commercial.

More Information

  • Make Enquiry
  • View EPC
  • Call 07866 584118