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Mixed Investment, 12-13 Chapel St, Penzance

Guide Price
£495,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

Commercial development for sale

Floorplan
1

Key features

  • MIXED INVESTMENT
  • LOCATED ON ONE OF PENZANCE'S MOST HISTORIC STREETS
  • X1 GROUND FLOOR COMMERCIAL UNIT X2 RESIDENTIAL UNITS
  • GENERATING £47,100 PER ANNUM
  • NET INITIAL YIELD OF 9.09%
  • ENERGY PERFORMANCE ASSET RATING 'C' (62)

Description

A well presented mixed investment in the heart of Penzance generating £47,100 per annum. Representing a net initial yield of 9.09%, allowing for purchasers‘ costs of 4.68%, this is a wonderful opportunity to acquire a well maintained ready to go investment. Our client has maintained the property well during their ownership, with the roof recently being replaced.

Brochures

Mixed Investment, 12-13 Chapel St, Penzance

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Penzance Station0.3 miles
  • St. Erth Station5.5 miles
  • Lelant Saltings Station5.9 miles

About Miller Commercial, Commercial Agency

Mansion House Princes Street, Truro, TR1 2RF

Miller Commercial is a General Practice firm of Chartered Surveyors operating out of Mansion House, a mid 18th Century Grade 1 Listed property in the heart of Truro, Cornwall's only City and the Duchy's commercial hub.

The firm is a private partnership born from a Hambro Countrywide management buy-out in 1994, with 3 Partners and 12 additional fee earners. Miller Commercial is the largest commercial firm of Chartered Surveyors in the county and operates throughout Cornwall and West Devon.

Notes

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Disclaimer - Property reference 5625. 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 Miller Commercial, Commercial Agency. 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.

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