Office Investment, Park House, Threemilestone Trading Estate, Truro, Cornwall
- PURPOSE BUILT OFFICE INVESTMENT
- FULLY LET – PRODUCING £25,500 PER ANNUM
- ESTABLISHED TRADING ESTATE LOCATION
- 2 LEASES EXPIRING IN 2027 & 2028
- ENERGY PERFORMANCE CERTIFICATE: C (53)
- THIS PROPERTY IS VAT ELECTED
The premises comprise a purpose built two storey office building which is approximately 20 years old and is completed to a very good specification. The building is situated in a cul-de-sac position on a spacious site with good parking. The ground and first floors are let separately and produce an income of £25,500 per annum.
The Ground Floor is let to Five Rivers Child Care Ltd (Established 2001) for a term expiring in Feb 2028 at a passing rental of £13,500 per annum with a tenant only break in March 2025.
The first floor is let to telecoms company Orbiss Ltd (Established 2006) for a lease expiring in September 2027 at an annual rental of £12,000 per annum with a tenant only break in September 2024.
Both leases are on proportional full repairing terms with external repairs being covered by way of a service charge.