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Retail Investment, 24 Penpol Terrace, Hayle

Guide Price
£130,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

Commercial development for sale

Key features

  • RETAIL INVESTMENT FOR SALE
  • LET TO POPULAR ICE CREAM PARLOUR
  • 7 YEARS REMAINING ON 15 YEAR LEASE
  • £12,000 PER ANNUM RENT
  • RENT INCREASING IN 2028 AND 2031
  • ENERGY PERFORMANCE ASSET RATING 'C' (75)

Description

Retail investment let to a popular local Ice Cream Parlour located in Hayle, Cornwall. The property is subject to an existing occupational lease commencing 30th November 2018 for a term of 15 years. The lease is on an internal repairing and insuring basis and provides for stepped rental increases throughout the term as follows: Years 1-3: £10,000 per annum Years 4-6: £11,000 per annum Years 7-9: £12,000 per annum Years 10-12: £13,000 per annum Years 13-15: £14,000 per annum

Brochures

Retail Investment, 24 Penpol Terrace, Hayle

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hayle Station0.1 miles
  • Lelant Station0.7 miles
  • Lelant Saltings Station1.1 miles

About Miller Commercial, Commercial Agency

The Old Sunday School, 2 Old Bridge Street, Truro, TR1 2AQ

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

These notes are private, only you can see them.

Disclaimer - Property reference 9753. 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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