The property presents a rare opportunity to acquire a long leasehold office/retail property in the town centre of Wadebridge. The property is located in a prominent position on the corner of Molesworth Street and Harbour Road, fronting onto The Old Bridge over the River Camel.
The property comprises ground floor office/retail accommodation, kitchen, WC and stores to the lower ground floor. There are no external areas within the demise.
The ground rent is £50 per annum, increasing to £150 per annum on 1st November 2028.The ground rent increases by £100 every 25 years of the term. The most recent service charge was £1,936 per annum.