Industrial Unit For Sale, Truro

An Industrial Complex Of 1.05 Acres (0.57 Ha) Which Includes 14 Units And Two Tarmacadam Surfaced Fenced Compounds Which Are Occupied By 12 Different Tenants With Approximately 80% Of The Income Coming From Biffa, Royal Mail, Vodafone And Europcar. The Remainder Comes From Small Businesses That Occupy Small Containerised Units And Portacabins And Play A Useful Role Within The Local Economy.<br/><br/>the Development Currently Produces An Income Of £124,030, However Terms Have Been Agreed For Two Lease Renewals Which Raises The Potential Income To £129,530 By 12/28. The Investment Opportunity Is Available At An Asking Price Of £1.6 Million. Based On The Passing Rental This Represents A Yield Of 7.33% After Purchase Costs Of 5.5%<br/><br/>