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£240,000

(£104.48/sq. ft)

Retail premises for sale

Mount Folly Square, Bodmin PL31
2,297 sq. ft

£240,000

(£104.48/sq. ft)

Retail premises for sale
Mount Folly Square, Bodmin PL31

    • 2,297 sq. ft

About this property

  • Character commercial premises

  • Prominent location

  • Strategically located close to A30

  • Offered with vacant possession

  • 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 site and building are immediately available with the benefit of a new 999-Year Lease. There are 5 residential flats in the building also recently developed and to be sold on 999-year leases.

The unit is being offered with vacant possession, but also being offered to let on a 6-year lease; at a quoting rent of £24,000pa for years 1-3 rising to £26,400pa for years 4-6, this represents a yield of 10% rising to 11%.

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.

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