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7-8 Cathedral Lane, Truro

£495,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

Commercial development for sale

Key features

  • FOR SALE
  • MULTI LET RETAIL AND OFFICE INVESTMENT
  • SOUGHT AFTER BOUTIQUE TRADING LOCATION
  • MAJORITY LET ASSET PRODUCING £43,000 pa WITH POTENTIAL TO INCREASE TO £54,500 PA*
  • CENTRAL TRURO LOCATION, JUST OFF PRIME SHOPPING STREETS
  • EPC RATINGS ARE "e;B"e; (44) AND "e;C"e; (54).
  • *1st floor available, quoting rent of at £11,500 pa

Description

ulti let office and retail investment in the heart of Truro‘s bustling city centre. In the lee of Truro‘s famous cathedral, the property looks out onto the historic architecture of the cathedral on one side, while opening on to Cathedral Lane, which connects Boscawen St to St Mary‘s St. This area has long been associated with independent and niche retailers and provides one of the most intriguing shopping pitches in central Truro.

The investment comprises 2 retail and 2 office units, currently generating £43,000 pa' in income on varying lease lengths, with the potential to generate £54,500 pa, representing a return of 10.70% GIY.

Brochures

7-8 Cathedral Lane, Truro

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Truro Station0.6 miles
  • Perranwell Station4.3 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 9198. 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.

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