Overview

• INVESTMENT OPPORTUNITY
• NEW LEASE TO BOOTS THE CHEMIST
• SOUGHT AFTER AREA ON NORTH COAST
• POTENTIAL TO RENT OUT FLAT
• RARELY AVAILABLE
• ENERGY PEFORMANCE ASSEST RATING ‘C’ (63)

A rare opportunity to acquire a national covenant investment in an idyllic North Cornwall village setting.

The end terrace property has an attractive frontage with Boots the Chemist occupying the whole. A lease renewal commenced in December 2024 for a 5-year term at a rent of £21,000 per annum. There is an opportunity to re-gear the lease to take back the 2-bed flat to the first floor and create either a holiday or long-term rental, which could significantly increase the return on the investment.

Prior to Boots taking occupation it was run as an independent chemists dating back to at least the 1970s.

55 Vicarage Road is situated in the main road through St Agnes down towards Trevaunance Cove forming the end terrace of a row which includes an independent newsagents, Spar, with a public house and other amenities nearby. St Agnes is some 9 miles from Truro, Cornwall’s administrative centre. St Agnes is hugely popular with tourists in the summer months whilst retaining a village feel with stunning coastline, beaches and access to the A30 which is only 4 miles away.