Chartered Surveyors and Business Property Specialists
Investment to let / Leasehold

£9,000 Per Annum Excl

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Office Investment, Park House, Threemilestone Trading Estate, Truro, Cornwall

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Overview

  • 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.

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Jonny Bright Senior Surveyor View Profile

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

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