Overview

• FOR SALE – RETAIL INVESTMENT
• CENTRAL TRURO LOCATION
• PROPERTY IS LET FOR A TERM THROUGH TO AUGUST 2028
• £12,000 PA RENTAL INCOME
• EPC RATING OF “C”

The property comprises a ground floor retail unit with further space at first floor level. Previously used as a jewelry shop, the store is currently trading as a boutique coffee shop, operating under license from the Tenant.

The terms of the lease are as follows:

Term – 6 years from 9th August 2022
Rent – £12,000 pa
Break – not applicable
Rent review – No rent review
Repairing obligation – FRI lease terms

Cathedral Lane is situated in the heart of Truro on a pedestrian thoroughfare, adjacent to the Cathedral and moments from the prime retail pitches of Pydar Street and Boscawen Street. It is well known as an intriguing and highly desired location for independent retailers and businesses. Nearby occupiers include a range of independent retailers including art galleries, jewelers, cafes and boutiques as well as many national retailers. The street benefits from passing footfall from Boscawen Street.