Overview

• 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 & EUROPCAR
• 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.

Located in Newham, Truro’s Business District, the premises are a mere 5 minute drive from the city centre, and are close by to numerous national and local operators such as the Royal Mail, Screwfix and Cornish Mutual. Newham which has 150 business is well established and supports the City and wider area.