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Commercial Property for sale

Brunel House, Lower Fore Street, Saltash, PL12

Sold by Us £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)

Map & Street View

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