Retail investment in central Truro
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Written by Peter Heather
Thursday, 13 March 2008
 Situated in the heart of Truro’s specialist retail quarter at 3/3A Little Castle St, it is rare to find a retail investment for sale, reports Peter Heather, Partner of Miller Commercial, Chartered Surveyors of Truro.

The substantial premises, traded by the vendor for many years as ‘The Hobby House’, now trades on ground and first floors as a florist shop, ‘In 2 Flowers, and a bridal wear shop, respectively. Both businesses will remain unaffected by the sale.

In total, the premises provide 107.7sq.m. of retail accommodation and are the subject of coterminous leases with contracted rental income of currently £16,850 p.a. Offers are invited off a guide price of £250,000, with this representing an initial yield of 6.56% [after allowance for purchaser’s costs]

Details are available via www.miller-commercial.co.uk or contact Peter Heather on 01872 247007.