Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a high yielding retail investment occupying a prominent corner pitch and benefitting from evident asset management potential.
Arranged as three ground floor retail units with further commercial space to the upper parts, the property is part-let to three tenants producing a total rent of £20,860 per annum.
The corner unit to the ground floor was previously let to Betfred but is now vacant, offering evident asset management potential via letting of this space. We understand the unit was previously producing £22,500 per annum and therefore we consider the Estimated Rental Value (ERV) of the property to be in the order of £40,000 per annum when fully let.
The property occupies a prominent corner pitch with frontages to Wendron Street and Meneage Street in the retail heart of Helston. The surrounding area comprises a mix of local and national occupiers.
Tenure
Freehold
Tenancy
Please see the Tenancy Schedule for more information.
Rent
Notes
We understand the property is elected for VAT.