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Commercial Property Management - Miller Commercial - Chartered Surveyors

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Upper Lemon Street surgery premises for sale in Truro

Following the long-awaited planning permission to develop the former Truro City Hospital site, works have now begun to construct premises suitable for the relocation of the two doctors’ practices currently situated at 26/27 Lemon Street. The development is scheduled to be completed on 17^th March 2010 and allow for the relocation of the practices, where they will continue to trade independently, but share some essential new services and premises. The substantial Upper Lemon Streetsurgery will, therefore, become surplus to requirements and Peter Heather, Partner of Miller Commercial Chartered Surveyors in Truro, has been instructed to seek a purchaser of the freehold interest. Previously 2 houses, the property was converted for surgery premises and substantially extended in the early 1990s, providing accommodation totalling over 620m² (almost 6,700ft²) over 3 floors, but mainly on the ground floor, together with 15 essential designated car parking spaces, which are accessed from Tabernacle Street to the rear.

Industrial investment for sale in north east Cornwall

Miller Commercial, Chartered Surveyors of Truro, are pleased to offer to the market part of the Treburley Industrial Estate, near Launceston. Located some 6 miles from Launceston to the north, and Plymouth some 16 miles to the south, the 4 units at Treburley Industrial Estate are fully occupied and benefit from good road access to both the A30 to the north and the A38 approximately 11 miles to the south. The opportunity comprises of a terrace of 4 industrial units producing a total income of £19,829, including maintenance rent income of £1,725. At the asking price of £275,000, this provides a gross initial yield of 7.21%.

Prestigious office investment in the centre of Truro

Miller Commercial are instructed to dispose of one of the most prestigious office buildings situated close to Lemon Quay in the centre of Truro. The Grade 11 Listed building known as Old Mansion House on Quay Streetis to be offered as a freehold investment opportunity. The premises are substantial, forming part of Truro’s rich architectural history and are currently occupied by Foot Anstey Hancock Caffin Solicitors. The accommodation over 3 floors totals some 343sq.m. [3,690sq.ft.], which together with 8-10 parking spaces, attracts rent of £50,000 per annum.

Retail unit available at St Mary’s Street Mews

Miller Commercial are marketing a single-storey, lock-up, retail unit set within a pleasant and established shopping mews located between River Walk on the River Allen and St Mary's Street in the centre of Truro. The shop enjoys good window frontage and offers retail accommodation totalling 23.0sq.m. [247.5sq.ft.]. Neighbouring occupiers include Frazer’s Hairdressers, CAD Architects and SJ Sports Goods.The unit would suit any retail business [perhaps fashion based] or indeed a small office/agency based operation, subject to the necessary planning consents. The property transfer will be made available by the assignment of the existing 6-year term lease, expiring May 2012, at a current passing rental of £6,000 per annum.

The Clipperway on Mongleath Road, Falmouth comes available

Miller Commercial are marketing the well known community public house trading as The Clipperway on Mongleath Road, in the densely populated Boslowick area of the harbour resort of Falmouth, South Cornwall. The Clipperway occupies a sizeable plot and is a long established and popular pub amongst the nearby residents. It has undergone considerable refurbishment over recent years, offering spacious public areas, with an extremely well-proportioned, open plan public bar with areas for darts and pool. It benefits from a 28 cover dining room and large 4 bedroomed accommodation on the first floor. The public house enjoys considerable local goodwill as evidenced by its’ 4 darts teams, 3 pool teams and 3 euchre teams. Recent abridged accounts show turnover of £244,600 and a wet/dry trading split of 80/20.

Tregea Hotel & Ruskin House at Padstow come to the market

Miller Commercial are instructed to offer the extremely well-appointed Grade II listed licensed hotel and restaurant known as Tregea Hotel & Ruskin House, on High Street, within the most sought after harbour village of Padstow on the Camel Estuary, North Cornwall. Offers are invited off a freehold guide price of £1.5 million. As the names imply, this business is made up of 2 adjacent period buildings in the historic part of the village, which over recent years has become a mecca for devotees of haute cuisine and seafood. The licensed business now offers 13 extremely well appointed guest bedrooms, a reception hall, guest lounge and a 20 cover Estuary Restaurant, whose operation is currently franchised out. Outside, are generous parking facilities. The Tregea Hotel & Ruskin House can demonstrate excellent trading figures. Recent audited accounts show sales in excess of £300,000 with a G.P. of 79%. It is understood that should the Estuary Restaurant be de-franchised and brought back under the trading wing of the business, it would likely produce sales in the region of £60/70,000 in a full year.

Industrial units on popular estate near St Austell available

Miller Commercial, the Truro based firm of chartered surveyors have recently taken instructions to market Unit No. 12. and Unit No. 11. on the St Austell Bay Business Park on Par Moor Roadon the outskirts of the key Mid-Cornwall town of St Austell.Unit 11 offers a gross internal area of 1,471sq.ft. [161sq.m.] and benefits from roller shutter doors to the front and rear. There are allocated parking facilities It is being made available by way of a new, proportional, F.R.I. lease, for an asking rental of £8,700 per annum.