Commercial Property for sale

Brunel House, Lower Fore Street, Saltash, PL12

Under Offer £325,000

Property Description

Key features

  • Mixed retail and office investment
  • Tenants include Coral Racing Limited
  • Prominent high street location
  • Suitable for future redevelopment (STP)
  • Net Initial Yield 7.28%

Full description

Tenure: Freehold

A mixed retail and office investment that is situated in a prominent location at the Eastern end of Fore Street, Saltash with Coral Racing Limited as its anchor tenant.

The premises occupy a prominent location in the principal retailing street of Saltash where numerous multiple, regional and local retailers are present. Saltash is the 6th largest town in Cornwall with a current population in excess of 16,000 and, as one would expect contains a mixture of both national and local occupiers primarily based around the retail centre of Fore Street. The property is prominently located on Fore Street on a row of retailers that include Barclays Bank, Martin McColl's Newsagents, Saltash Sports and Fox & Sons Estate Agents opposite Lloyds TSB and the Co-operative convenience store.

Brunel House is laid out over 3 floors with Coral Racing Limited on the ground floor and United Care Concepts Limited and Blue Dolphin Leisure Limited on the floors above respectively.

The total rental income is £24,500 per annum and based upon a purchase at £325,000 this represents a net initial yield of 7.28% after the allowance of purchasers costs.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Saltash (0.1 mi)
  • St. Budeaux Victoria Road (1.1 mi)
  • St. Budeaux Ferry Road (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruton Knowles , Plymouth

22 Lockyer Street, Plymouth, PL1 2QW

01752 966181 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Saltash (0.1 mi)
  • St. Budeaux Victoria Road (1.1 mi)
  • St. Budeaux Ferry Road (1.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Bruton Knowles , Plymouth

22 Lockyer Street, Plymouth, PL1 2QW

01752 966181 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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