Light industrial for sale in Stable Hobba, Penzance TR20

£380,000 (£118.75/sq. ft)
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Light industrial for sale

3,200 sq. ft*

Property features

  • Light Industrial Investment Opportunity 8.5% Fri Yield
  • 10 year lease with rpi/Open Market Reviews
  • Price - £380,000 | rent - £32,240 p.a. | yield – 8.5%
  • Freehold
  • Well-established industrial area with strong tenant interest.
  • New listing

Property description

8.5% yield investment to be found in the vibrant town Newlyn on the outskirts of Penzance, nestled within Cornwall's picturesque Penwith district. Strategically positioned on the B3315 road, this estate offers seamless access to Land's End and the main A30 trunk road, presenting an enticing proposition for investors seeking strategic connectivity and growth potential.

Stable Hobba Industrial Estate hosting a diverse array of light industrial and warehouse units tailored to meet the evolving needs of businesses. Positioned near Newlyn town centre, amidst a dynamic blend of residential and industrial landscapes, this estate enjoys a coveted location just 1.2 miles from Penzance, enhancing its appeal to prospective tenants and investors alike.

Comprising two distinct levels, this estate unveils refurbished light industrial starter units, complete with ancillary office accommodation and essential toilet facilities. The lower level features four blocks offering a range of unit sizes and ample parking, while the upper section houses three separate units alongside a generous ancillary car park. Access is streamlined through roller shutter doors and a dedicated pedestrian entrance, ensuring operational efficiency for tenants.

Constructed with robust steel portal frames, brick, and profiled metal cladding elevations, these units epitomize resilience and functionality. Enhanced by metal-clad roof panels, they offer a secure environment conducive to thriving business operations. Conveniently situated car parking and loading facilities further elevate convenience and accessibility for tenants.

Each unit boasts a generous Gross Internal Area (gia) of 800 sq ft (74 sq m), providing ample space for a myriad of industrial and commercial ventures. These versatile units serve as an ideal platform for a variety of uses and therefore make them ideal investments.

Seize the opportunity to capitalize on Penzance's burgeoning business landscape. Contact us today to unlock your investment potential.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
JMD Investments and Estates Limited, CV32 on +44 1788 285732 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by JMD Investments and Estates Limited, and do not constitute property particulars. Please contact JMD Investments and Estates Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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