£389,000
Property for saleRetail And Office Investment, 4 Tregenna Hill TR26
Just added
About this property
St ives retail and office investment
Let to bradleys estate agents and mine taproom
Producing £30,500 with new lease pending
7.89 gross initial yield
Ideal for sipp purcashers
Energy performance asset ratings available
New to the market is a multi-let retail and office investment marketed off a Gross Initial Yield of 7.89% with a total annual rental income of £30,500. Bradley's Estate Agents have been in occupation for many years, with Mine Taproom being a recent, exciting addition to the area. There are four flats above which are independently owned by private leaseholders that all contribute to the annual service charge to maintain the building. Opportunities such as these are rare on the open market, offering good quality tenants with an attractive return for a gem location such as St Ives.
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Monthly repayment
£1,945 per month
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