Property photos
£195,000
Property for sale
River Street, Truro TR1Local area information
Property location
Nearby amenities
- Bosvigo School 0.3 miles
- St Mary's CofE School, Truro 0.4 miles
- Truro 0.5 miles
- Tolverne Ferry Landing 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Truro to find out more about the local area.
Features and description
- Truro retail investment
- 999 year long leasehold
- New commercial tenancies in place
- £16,980 per annum rent
- Net initial yield of 8.5%
- Energy performance asset ratings - applied for
Two small lock up retail premises occupied by Endurance Flooring and No. 22 Ladies Clothing Boutique with brand new leases being concluded shortly. The premises, attached but with separate addresses, are available on the open market by way of the long leasehold interest and we are instructed to seek offers at £195,000. With a combined rental income of £16,980 per annum this represents a return of 8.5% net initial yield, allowing for purchasers costs at 2.47%.
More information
Listed by
Miller Commercial
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