Guide price
£275,000
2 bed detached house for saleCity Road, Truro TR1
2 beds
1 bath
1 reception
EPC Rating: D
Just added
About this property
Town centre freehold
Investment property
Ground floor commercial
First floor flat
New terms just signed
Excellent return c 9.5%
City center location
Investment opportunity
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, caf?s, 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
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, caf?s, 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
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Monthly repayment
£1,375 per month
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