Retail Property (high street) for sale

Castle Street, Truro, Cornwall, TR1

£425,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops and B1 Business

Key features

  • Fully refurbished
  • Good income
  • Prominent town centre location
  • Versatile usage
  • Grade II Listed
  • South facing garden

Full description

Tenure: Freehold

Investment Property in Truro For Sale
Ref 2019

Location

Castle Lodge is located on Castle Street in the heart of Truro which is the hub and capital of the county with a population of 20,000 people and an ever expanding town with further expansion plans to both the east and west of the city. This small city is vibrant and enjoys many visiting tourists and boasts a string of blue chip retailers .

Business information

Asking Price: £425,000
Income circa: £30,000 pa

Business Description

Veritas Business Sales are delighted to offer for sale this outstanding Investment Property which is located in Truro. The business has been established for many years and has been in the careful hand of my clients for the last 6 years and is reluctantly being offered for sale due to their other demanding business interests. Since ownership they have continually invested and refurbished the property to include new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Castle lodge is a Grade II listed 2 storey villa with benefiting from many original period features. The ground floor and first floor are both let with an annual income of £27,000 rising to £29,000 over the next 3 years. We believe that there is further potential to increase revenue or this wold make a lovely base for anyone looking to retail from the site themselves. This is a superb opportunity to purchase a fully occupied Investment Property which is a great base to build upon and as such early viewing is highly recommended as this opportunity is not to be missed.
Ground Floor

Room
Room
Café
Kitchen
W/C and wash basin

First Floor

Room
Room
Room
Room
W/C and wash basin

Nearest stations

  • Truro (0.4 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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

  • Truro (0.4 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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.

Disclaimer - Property reference 2019. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, Solihull. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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