Chartered Surveyors and Business Property Specialists
Investment for sale / Freehold

£389,000 Guide Price

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Retail and Office Investment, 4 Tregenna Hill

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Overview

  • 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.

Well located at the bottom of Tregenna Hill in St Ives on the interchange to Stret-an-Pol and Tregenna Place. St Ives itself needs no introduction as one of the gems of the Cornish coastline and tourist destinations, welcoming over 500,000 every year as well as being home to a thriving population.

Interested in this Property?
Connect with our Expert

Jonny Bright Senior Surveyor View Profile

Call: 01872 247022
Email: jb@miller-commercial.co.uk

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