£1,800,000
Property for saleInvestment Opportunity, Edhen Park, Harvey Road, Truro TR1
About this property
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 & eur
Potential for further development (subject to consents)
Energy performance asset ratings D(86), E(115) & D(98)
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.
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