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Retail and Office Investment, 4 Tregenna Hill, St. Ives

Guide Price
£389,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

High street retail property for sale

Key features

  • ST IVES RETAIL AND OFFICE INVESTMENT
  • LET TO BRADLEYS ESTATE AGENTS AND MINE TAPROOM
  • PRODUCING £30,500 WITH NEW LEASE PENDING
  • 7.89 GROSS INITIAL YIELD
  • IDEAL FOR SIPP PURCASHERS
  • ENERGY PERFORMANCE ASSET RATINGS AVAILABLE

Description

New to the market is a multi-let retail and office investment marketed off a Gross Initial Yield of 7.89% with a total annual rental income of £30,500. Bradley‘s Estate Agents have been in occupation for many years, with Mine Taproom being a recent, exciting addition to the area. There are four flats above which are independently owned by private leaseholders that all contribute to the annual service charge to maintain the building. Opportunities such as these are rare on the open market, offering good quality tenants with an attractive return for a gem location such as St Ives.

Brochures

Retail and Office Investment, 4 Tregenna Hill, St. Ives

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Ives Station0.2 miles
  • Carbis Bay Station1.2 miles
  • Lelant Station2.7 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

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Disclaimer - Property reference 9896. 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.