9 & 17 Stable Hobba, Penzance, Cornwall, TR20
£225.00 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,000-1,723 sq ft
93-160 sq m
- SECTOR
Light industrial facility for sale
- USE CLASSUse class orders: B1 Business, B2 General Industrial and B8 Storage and Distribution
B1, B2, B8
Key features
- 24hr Access
- Roller shutter door
- Price: £225,000
- Rent: £21,935
- Great investment
- Passive investment
- Caretaker on site
- Brick built unit
Description
A rare chance to acquire a freehold industrial investment in Penzance, located within the picturesque Penwith district of Cornwall. Positioned on the B3315, the estate benefits from excellent connectivity to Land's End and the A30, a key arterial route through the region.
The property forms part of Stable Hobba Industrial Estate, a well-established business hub housing a mix of light industrial and marine-related occupiers. Located just 1.2 miles from Penzance and near Newlyn town centre, it offers strong appeal for tenants due to its accessibility and surrounding mixed-use environment.
Units 9 & 17 comprise a total GIA of 1,742 sq ft (161 sqm) and are let to Messrs Rushton and Green on a 10-year FRI lease from 06.09.2021, generating £17,420 per annum. The lease includes 3-yearly rent reviews to the greater of RPI or market rent, with a tenant-only break at year 5.
This is a solid, income-generating investment in a region with both historical charm and economic growth potential.
Contact us today to find out more or arrange a viewing.
Brochures
9 & 17 Stable Hobba, Penzance, Cornwall, TR20
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Penzance Station1.5 miles
About Sandringham Investments, Harrow
1-3 Manor Chambers, Manor Parade, Sheepcote Road , Harrow, HA1 2JNNotes
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