Commercial Property for sale
Boscawen Street, Truro, Cornwall
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Call 0843 315 6487Key features:
- Edge of Prime Retail Investment
- New Full Repairing Lease
- Available Immediately
- City Centre Location
- Recently Refurbished
- Let on an FRI Lease
- Producing £170,000 per annum excl.
Full description:
Tenure: Freehold
An investment let to Country Casuals for a term of 10 years at an annual rental of £170,000 from August 2011. Offers are sought in the region of £2,465,000 which represents a net initial yield of 6.5% assuming purchase costs of 5.8%.
According to their latest accounts (y/e October 2010) Country Casuals Limited have a turnover of £52.7 million and a tangible net worth of £15.2 million.
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