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Industrial Unit

Industrial Unit For Sale Truro

PROPERTY ID: 141157

PROPERTY TYPE

Industrial Unit

STATUS

Available

SIZE

0 sq.ft

Key Features

LONG ESTABLISHED INDUSTRIAL INVESTMENT
CURRENT INCOME - £123,030 RISING TO £129,530 (PREDICTED)
WELL LOCATED FOR TRURO CITY CENTRE AND NEWHAM TRADING AREA
QUALITY TENANTS INCLUDING, VODAFONE, BIFFA, ROYAL MAIL & EUROPCAR
POTENTIAL FOR FURTHER DEVELOPMENT (SUBJECT TO CONSENTS)
ENERGY PERFORMANCE ASSET RATINGS D(86), E(115) & D(98)

Property Details

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/>
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About the Agent

Miller Commercial

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Industrial Unit

£1,600,000 Freehold

Investment Opportunity, Truro, TR1 2XW
Industrial Unit - Available
0 sq ft
0 sqm
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