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Office

Office For Sale Truro

PROPERTY ID: 136279

PROPERTY TYPE

Office

STATUS

Available

SIZE

3,979 sq.ft

Key Features

Freehold investment
Comprising retail, healthcare and office occupiers
Prominent location on edge of city centre
Same ownership for over 40 years
Income £38,000 per annum
Net Initial Yield 9.25% after purchasers costs of 4.14%
Long established tenants

Property Details

The property is situated in a prominent location on the outskirts of the city centre. There a mix of retail occupiers nearby and a surface level public car park. The City of Truro is Cornwall's capital and the main administrative and retail location for the county. Truro is accessed from the main A30 arterial trunk route via the A390 at Chiverton and the A39 at Carland Cross. The A30 links with the M5 at Exeter. Truro is located on the main Great Western railway line, which has daily services to London Paddington. Truro has a resident population of 23,600 and significant plans for future growth.

We Are Advised That The Building Was Previously Used As A Warehouse And Stores But Was Converted In The Early 1980's To The Current Form With Two Separate Units On The Ground Floor And Office On First And Second Floors. The Offices Have Been Let To Separate Occupiers In The Past But Are Now Occupied By A Single Business. After Many Years Of Ownership The Vendors Have Decided To Sell As Part Of Their Retirement Plans.

About the Agent

Office Unit

£395,000 Freehold

Bridge House,St. Clement Street, Truro, TR1 1ER
Office - Available
3,979 sq ft
370 sqm
Show phone number

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