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COMMERCIAL

Frances Street, Truro

Guide Price
£345,000
Stags, Truro
PROPERTY TYPE

Commercial Property

BEDROOMS

1

BATHROOMS

1

SIZE

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Key features

  • Freehold Mixed Use Investment
  • Full Let & Generating 7.1% Yield
  • Further Development Potential
  • First Floor Residential One Bedroom Flat
  • Ground Floor Commercial Retail/Office Unit
  • Central Truro Location
  • Residential Unit EPC Rating - E
  • Commercial Unit EPC - C

Description

Commercial Unit - The ground floor office features a window fronting onto Frances Street and includes a spacious retail/office area. Towards the rear, there is a meeting room partitioned with glass. Behind the office, a door leads to male and female cloakrooms/W.C's, as well as a storage space and a kitchen/staff break area. The rear courtyard connects to a single-storey building, equipped with a W.C, shower room, and additional storage space.

Residential Unit - Accessed via Frances Street, this one-bedroom flat welcomes you through its front door into a hallway with stairs leading to the first floor. On this level, an open-plan lounge, kitchen, and diner with laminate flooring and has two windows overlooking Frances Street, allowing natural light to fill the space.

Situation - Truro, boasting a population of approximately 20,000, serves as the unofficial capital city and primary hub for retail, leisure, business, and administration in Cornwall. This property, conveniently situated on Frances Street, is an integral part of the city's specialist retail quarter. Surrounding retailers include well-known names such as JoJo Maman Bebe, Trevails, Rohan, Saltrock, as well as popular establishments like White Stuff, Starbucks, and Burger King.

Strategically placed, the property has proximity to key attractions such as the Royal Cornwall Museum and the park and ride bus stop. Moreover, it is merely a 7-minute walk from Truro train station, providing convenient access to mainline connections to Penzance, Exeter, Paddington, and the branch line to Falmouth

Description - Commercial Unit - The ground floor office features a window fronting onto Frances Street and includes a spacious retail/office area. Towards the rear, there is a meeting room partitioned with glass. Behind the office, a door leads to male and female cloakrooms/W.C's, as well as a storage space and a kitchen/staff break area. The rear courtyard connects to a single-storey building, equipped with a W.C, shower room, and additional storage space.

Residential Unit - Accessed via Frances Street, this one-bedroom flat welcomes you through its front door into a hallway with stairs leading to the first floor. On this level, an open-plan lounge, kitchen, and diner with laminate flooring and has two windows overlooking Frances Street, allowing natural light to fill the space.

The kitchen is well-equipped with an integrated electric hob and oven, along with plumbing for a washing machine and space for an upright fridge/freezer. The master bedroom, has laminate flooring and has a rear aspect window. The bathroom is complete with a bath, with mixer tap shower, matching white hand basin and WC.

Ascending to the upper floor, you'll find an additional room, perfect for a home office or guest bedroom. This room is brightened by a Velux roof window and is equipped with a wall-mounted electric heater.

Outside - No parking is included however a parking permit can be applied for from the local authority. The rear of the property has a concrete courtyard that, potentially, could be further developed subject to obtaining necessary planning permissions.

Viewings - Strictly by prior appointment with Stags Truro office on

Services - The whole building is connected to mains water and drainage. Heating fuel is electric.

Directions - From the Stags office walk south-west on Lemon St towards Charles Street for 30 ft. Turn right onto Charles Street for 151 ft then right again onto Lemon Mews Road for 0.1 miles, Turn right onto Victoria Square for 52 ft, Turn left onto River Street for 0.1 miles, Continue onto Frances Street and the destination will be on the left.

Epc & Council Tax - Commercial Unit – EPC Band C
The Current Rateable Value is £7,700
For Further Information on Business Rates for this unit, follow this link to the Gov Website -

Brochures

Frances Street, Truro

Frances Street, Truro

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Truro Station0.4 miles
  • Perranwell Station4.2 miles
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About the agent

Stags, Truro

61 Lemon Street, Truro, TR1 2PE

THE WEST COUNTRY IS STAGS COUNTRY

"It is important to remember that you ask an estate agent to sell your property, not just market it."

This simple statement stands at the very heart of first class estate agency, and is one that the partners and staff at Stags strive to exceed.

We know that our service has to be better than that of our competitors and we firmly believe that our extensive network of 22 West Country offices, local knowledge and unr

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Notes

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Disclaimer - Property reference 32700727. 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 Stags, Truro. 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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