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Investment Opportunity, Edhen Park, Harvey Road, Truro

£1,800,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

Commercial development for sale

Key features

  • LONG ESTABLISHED INDUSTRIAL INVESTMENT
  • CURRENT INCOME - £117,030 RISING TO £128,255 (PREDICTED)
  • WELL LOCATED FOR TRURO CITY CENTRE AND NEWHAM TRADING AREA
  • QUALITY TENANTS INCLUDING, VODAFONE, BIFFA, ROYAL MAIL & EUROPCAR
  • POTENTIAL FOR FURTHER DEVELOPMENT (SUBJECT TO CONSENTS)
  • ENERGY PERFORMANCE ASSET RATINGS D(86), E(115) & D(98)

Description

An Industrial complex of 1.05 Acres (0.57 Ha) which includes 14 units and two tarmacadam surfaced fenced compounds which are occupied by 12 different tenants with approximately 80% of the income coming from Biffa, Royal Mail, Vodafone and Europcar. The remainder comes from small businesses that occupy small containerised units and portacabins and play a useful role within the local economy. The development currently produces an income of £117,030, however terms have been agreed for lease renewals which raises the potential income to £128,255. The investment opportunity is available at an asking price of £1.8 million.

Brochures

Investment Opportunity, Edhen Park, Harvey Road, Truro

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Truro Station1.0 miles
  • Perranwell Station4.1 miles

About Miller Commercial, Commercial Agency

Mansion House Princes Street, Truro, TR1 2RF

Miller Commercial is a General Practice firm of Chartered Surveyors operating out of Mansion House, a mid 18th Century Grade 1 Listed property in the heart of Truro, Cornwall's only City and the Duchy's commercial hub.

The firm is a private partnership born from a Hambro Countrywide management buy-out in 1994, with 3 Partners and 12 additional fee earners. Miller Commercial is the largest commercial firm of Chartered Surveyors in the county and operates throughout Cornwall and West Devon.

Notes

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Disclaimer - Property reference 9026. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Commercial Agency. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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