Overview

• RETAIL INVESTMENT FOR SALE
• LET TO POPULAR ICE CREAM PARLOUR
• 7 YEARS REMAINING ON 15 YEAR LEASE
• £12,000 PER ANNUM RENT
• RENT INCREASING IN 2028 AND 2031
• ENERGY PERFORMANCE ASSET RATING ‘C’ (75)

Retail investment let to a popular local Ice Cream Parlour located in Hayle, Cornwall.

The property is subject to an existing occupational lease commencing 30th November 2018 for a term of 15 years. The lease is on an internal repairing and insuring basis and provides for stepped rental increases throughout the term as follows:
• Years 1-3: £10,000 per annum • Years 4-6: £11,000 per annum • Years 7-9: £12,000 per annum • Years 10-12: £13,000 per annum • Years 13-15: £14,000 per annum

The property is situated on the main road through Hayle, within the established Foundry area of the town, which provides a mix of independent retail, local services and residential properties. Hayle is a well-connected West Cornwall town positioned along the A30 trunk road, providing direct access to Penzance (approx. 7 miles west) and Camborne/Redruth (approx. 6-10 miles east), with onward links to Truro and the wider Cornwall road network.