Guide price
£225,000
(£109.86/sq. ft)
Retail premises for sale1-3 Adelaide Street, Penzance, Cornwall TR18
2,048 sq. ft
About this property
Situated just off Market Jew Street
Investment opportunity comprising two adjoining properties
Yield of 9.54% after standard purchasers costs
Lease to Seasalt Ltd expires 29th July 2028
Rental income £22,000 per annum
Longer term development potential subject to consents where required
Number 3 Adelaide Street has ground floor retail floorspace and an attractive open plan stores/ ancillary area to the first floor.
The premises have been in retail use for many years and renowned as the first Seasalt shop est. In 1981.
Mortgage calculator
£1,125 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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