Retail Investment, 42 Church Street, Falmouth, Cornwall
Overview
- FREEHOLD INVESTMENT OPPORTUNITY
- GOOD SECONDARY LOCATION
- PRODUCING £18,000 PER ANNUM EXCLUSIVE
- LET ON FULL REPAIRING AND INSURING LEASE
- INTERNAL INSPECTION ECOMMENDED
- ENERGY PERFORMANCE ASSET RATING – C (61)
A mid-terraced retail unit with first floor sales/office and second and third floor/attic staff/storage rooms above. The premises which have harbour views to the rear are located within Falmouth’s principal retailing thoroughfare close to Church Street car park and the harbour. The entire building is let to a local business trading as Blackdog Haircutters. The premises are held under a 5 year lease from 25/12/2021 on a full repairing and insuring lease at an annual rental of £18,000 per annum exclusive.
Falmouth sits at the head of the river Fal and has excellent communication links being the terminus of the A39 which in turn links to the A30 and M5. The town benefits from a rail connection and includes regular ferry services to Truro, Flushing and St Mawes. The premises are well located within Church Street which includes a good mix of independent retailers, health and beauty outlets, coffee shops restaurants and bars.
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