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14 Frances Street, Truro TR1 3DN – Truro

Shop, retail unit for sale

£190,000 1,015 sq ft

Redgrave Commercial
Full address
14 Frances Street, Truro, Cornwall TR1 3DN – Truro
Property type
Shop, retail unit for sale
Asking price
£190,000
Features
Car park, Kitchen, Lounge, Terrace, Transport
Size
1,015 sq ft
Tenure
Freehold
NIY (%)
8.5

Property description

Truro
• £190,000
• 1,015 Sq Ft

• MIXED INVESTMENT OPPORTUNITY
• CLOSE TO TRURO CITY CENTRE
• SHOP WITH FLAT ABOVE
• OFF ROAD PARKING TO REAR
• ENERGY PERFORMANCE RATING (D)
A great opportunity to acquire a freehold, mixed investment opportunity located in the busy city of Truro. Situated just outside of the town centre - with good transport links to the A30, the property consists of ground floor retail space, basement, 2 bedroom first floor flat with roof terrace, and off road parking for 2 cars to the rear.
The shop is currently vacant and has an estimated rental value of £9,000pa.
The first floor flat is currently let on a 6-month Assured Shorthold Tenancy Agreement (AST) agreement expiring on 09/09/2019. The passing rent is £595pcm.
The total estimated rental value for the building is £16,140pa. At the current asking price this reflects a yield of 8.5%.
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This shop, retail unit for sale is located in Truro.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Redgrave Commercial. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Redgrave Commercial for full details and further information.