Investment for sale Falmouth TR11 3JA,594sq ft

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Investment

Investment For Sale Falmouth

PROPERTY ID: 126257

PROPERTY TYPE

Investment

STATUS

Available

SIZE

594 sq.ft

Key Features

INVESTMENT OPPORTUNITY

LET ON 10 YEAR TERM, GENERATING £20,000 PA INCOME WITH 3 YEARLY RENT REVIEWS

TOWN CENTRE LOCATION

GRADE II LISTED PROPERTY

REMAINDER OF 999 YEAR LONG-LEASEHOLD OF RETAIL UNIT FROM 6TH OCTOBER 2023

595 SQ FT (55 SQ M) RETAIL UNIT

EPC RATING C (57)

Property Details

Investment Opportunity In Central Falmouth. Situated In A Prominent Position On Arwenack St, The Main Thoroughfare Through The Centre Of Falmouth, An Area Renowned As A Hub Of Independent Retailers, Bars And Eateries And In Close Proximity To The Maritime Museum And Events Square. This Part Of Falmouth Is Also Famous For The Many Waterside Pubs That Look Out Across The Harbour, Making The Immediate Area A Highly Desirable And Popular Pitch & Trading Location.

the Investment Comprises A Long-leasehold Of The Retail Unit For The Remainder Of A 999 Year Lease From 6th October 2023, Reflecting An Attractive 8.5% Niy Allowing For Purchasers Costs Of 2.5%.

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About the Agent

Miller Commercial

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Investment Unit

£230,000 Freehold

11 Arwenack Street, Falmouth, TR11 3JA

Investment - Available
594 sq ft
55 sqm

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