Commercial Property for sale34, Fore Street, FOWEY, Cornwall
Sold STC £350,000
- Freehold commercial investment opportunity.
- Generates an approximate yield of 6.4%.
- Retail shop leased on a new 10 year lease to Quba Sails.
- Rental income of £22,500 per annum.
- A grade 2 listed building.
- The first and second floor apartment was sold in 2015 on a 999 year lease.
- Located in the centre of Fowey's main commercial street.
A freehold investment property in the centre of Fowey, comprising a retail shop on the ground floor. It is leased to Quba Sails on a new 10 year lease, at an annual rent of £22,500. There is a break clause and a rent review in five years. It is a full repairing lease with an investment yield of approximately 6.4%.
The commercial dimension are:
40ft 3in max x 11ft 8in max
11ft 4in max x 5ft 1in max
The first and second floor maisonette was sold in 2015 on a 999 year residential lease.
Location Information The property is situated in the centre of Fowey. Fowey is a bustling sailing port on the Fowey Estuary on the South Cornish coast, set in stunning countryside, with dramatic beaches nearby. Fowey town centre has an eclectic mix of independent shops and colourful restaurants, and is a pleasure to explore. It is a wonderful place to live as well as visit.
Property ref: 121_903_3792405
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 3792405. 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 Fowey River Estate Agency, Cornwall. 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.
Map data ©OpenStreetMap contributors.