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Investments Commercial for sale / Freehold

£70,000 Guide Price

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Mixed Investment, 10 Fore St, Bodmin, Cornwall

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Overview

  • MIXED INVESTMENT FOR SALE
  • WELL PRESENTED LOCK UP SHOP
  • 708 SQ FT (65.8 SQ M) RETAIL SPACE
  • PRIME SHOPPING PITCH
  • X3 FLATS SOLD OFF LONG LEASEHOLD
  • EPC ‘D’ (100)

A well presented mixed investment at the eastern end of Fore Street near to Bodmin Museum, the cinema and the main town centre car parks.

Fone Care are in occupation at a rent of £11,000 PA on a 10 year term. The x3 resi flats pay £295 PA as a ground rent on 125 year lease from 1 January 2009 with RPI increases every 7 years.

We are instructed to market the investment at a guide of £70,000 which represents a gross initial yield of 16.6%.

Bodmin is one of Cornwall’s oldest towns and as such is steeped in history. Located in Mid Cornwall, it benefits from favourable
transport links with Cornwall’s main trunk road, the A30. This property is situated on the eastern end of the main shopping street
in Bodmin. Immediate neighbours include Boots Opticians, Cancer Research and Iceland.

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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