Property photos
£285,000
(£104.48/sq. ft)
Retail premises for sale
Mount Folly Square, Bodmin PL312,297 sq. ft
Local area information
Property location
Nearby amenities
- Beacon ACE Academy 0.3 miles
- St Petroc's Church of England Voluntary Aided Primary School 0.4 miles
- Bodmin Parkway 3 miles
- Lostwithiel 4.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bodmin to find out more about the local area.
Features and description
- Commercial investment
- Character premises
- Prominent location
- Yield of 8.9% rising to 9.8%
- Energy performance rating (D)
Accommodation:
Retail Space - 1,475sqft (137sqm)
Office - 253sqft (23.5sqm)
Basement - 570sqft (52.9sqm)
Total - 2,297sqft (213.4sqm)
Availability:
The ground floor commercial space is available on a 999-year lease, as an investment, with the benefit of a new 6-year lease. There are 5 residential flats in the building also recently developed and to be sold on 999-year leases.
Lease Terms:
The unit has been let to an established tanning studio on a new 6-year lease expiring 30th September 2031 at a rent of £24,000pa for years 1-3 rising to £26,400pa for years 4-6, this represents a yield of 8.9% rising to 9.8%.
Viewings:
Interested parties are encouraged to initially inspect externally to ensure the location and situation is suitable. Following this an internal inspection can be arranged via Redgrave Commercial.
Retail Space - 1,475sqft (137sqm)
Office - 253sqft (23.5sqm)
Basement - 570sqft (52.9sqm)
Total - 2,297sqft (213.4sqm)
Availability:
The ground floor commercial space is available on a 999-year lease, as an investment, with the benefit of a new 6-year lease. There are 5 residential flats in the building also recently developed and to be sold on 999-year leases.
Lease Terms:
The unit has been let to an established tanning studio on a new 6-year lease expiring 30th September 2031 at a rent of £24,000pa for years 1-3 rising to £26,400pa for years 4-6, this represents a yield of 8.9% rising to 9.8%.
Viewings:
Interested parties are encouraged to initially inspect externally to ensure the location and situation is suitable. Following this an internal inspection can be arranged via Redgrave Commercial.
More information
Listed by
Redgrave Commercial
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