City Road, Truro
- PROPERTY TYPE
Character Property
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- TOWN CENTRE FREEHOLD
- INVESTMENT PROPERTY
- GROUND FLOOR COMMERCIAL
- FIRST FLOOR FLAT
- NEW TERMS JUST SIGNED
- EXCELLENT RETURN c 9.5%
- CITY CENTER LOCATION
Description
An interesting town centre Freehold comprising ground floor commercial unit and a first floor flat currently let on new terms
Combined commercial and residential return of £26,034 per annum
Approx. fully let gross return of approx 9.5%
The City - Truro is Cornwall’s only city and offers an excellent combination of historic charm, modern amenities and a vibrant community atmosphere. Renowned for its magnificent cathedral, attractive Georgian architecture and bustling city centre, Truro provides an extensive range of independent shops, national retailers, cafés, restaurants and leisure facilities. The city also benefits from highly regarded schools, excellent transport links, including a mainline railway station with direct services to London Paddington, and convenient access to Cornwall’s beautiful countryside and coastline. With its blend of culture, convenience and character, Truro remains a highly desirable location for a wide range of buyers.
The Premises - Is that of a mixed use investment property with ground floor commercial unit let to an Indian takeaway with first floor residential flat included in the lease.
Income - The ground floor unit and first floor flat are currently let at £26,304 per annum as a whole.
Terms - There is a newly signed 12 year lease with 3 yearly rent reviews linked to RPI
Agency - Sole Agents MAY WHETTER AND GROSE, Bay View House, St Austell Enterprise Park, Carclaze, St Austell. PL25 4EJ
Contact
Business Rates - Cornwall Council
Cornwall Council Reference - 0
Brochures
City Road, Truro- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
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About May Whetter & Grose, St Austell
Bayview House, St Austell Enterprise Park, Treverbyn Road, Carclaze, PL25 4EJ
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 35027771. 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 May Whetter & Grose, St Austell. 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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