Property photos
Under offer
£350,000
(£158.30/sq. ft)
Property for sale
Office Investment, Park House, Threemilestone Ind Estate, Truro TR42,211 sq. ft
Local area information
Property location
Nearby amenities
- Carrick Alternative Provision Academy 0.2 miles
- Oak Tree School (SEN) 0.2 miles
- Truro 2.6 miles
- Perranwell 3.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Purpose built office investment
- Producing £31,000 per annum : Net initial yield 8.5% (after
- Established trading estate location
- 2 leases expiring in 2028 and 2031
- Energy performance certificate: C (63) expiring Feb 2035
- This property is VAT elected
The premises comprise a purpose built two storey office building which is approximately 20 years old and is completed to a very good specification. The building is situated in a cul-de-sac position on a spacious site with good parking. The ground and first floors are let separately and produce an income of £25,500 per annum. The Ground Floor is let to Five Rivers Child Care Ltd (Established 2001) for a term expiring in Feb 2028 at a passing rental of £16,000 per annum. They have occupied the building since March 2012. The first floor is let to it company N.Boro Ltd for a lease expiring in March 2031 at an annual rental of £15,000 per annum with a tenant only break in March 2028. Both leases are on proportional full repairing terms with external repairs being covered by way of a service charge.
Floor plans and tours
Floor plans (1)
More information
Listed by
Miller Commercial
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