Investment For Sale, Falmouth
4 photos
£230,000 Freehold
11 Arwenack Street, Falmouth, TR11 3JA
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. <br/><br/>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%.
Location
Miller Commercial
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Investment For Sale, Falmouth
£230,000 Freehold
11 Arwenack Street, Falmouth, TR11 3JA
Property ID: 126257
Miller Commercial
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Miller Commercial