Land for sale in Malpas Road, Truro TR1, £80,000
80,000.00
Offer Nr.:
63921104
Type of ad:
for Sale
Property type:
Land
Contact name:
Redgrave Commercial
Phone(s):
01872 703843
Email:
* Good investment; zero effort
* 10 - year lease expiring 2032
* Return of 7. 5% from 2027
* Located close to city centre
* Excellent tenant; good covenant
Dimensions:
Approx. 14. 4m x 5. 9m
Area - 85. 0sqm (915sqft)
Number of Spaces - 6
Lease Terms:
Term - 10 - Years
Commencement - 22nd April 2022
Expiry - 21st April 2032
Rent - £6,000pa from 22nd April 2027; £5, 000pa currently.
Break - 21st April 2027
Security of Tenure - The lease is contracted Outside of the Landlord and
Tenant Act.
ValueAdded Tax - The property is not opted to tax so VAT is not payable.
Agents Notes:
There are 2 leases, spaces 1 - 3 on one and 4 - 6 on the other, ideally these are
eachto be sold in separate financial years, the rents for each lease are
£2, 500pa rising to £3, 000pa.
* 10 - year lease expiring 2032
* Return of 7. 5% from 2027
* Located close to city centre
* Excellent tenant; good covenant
Dimensions:
Approx. 14. 4m x 5. 9m
Area - 85. 0sqm (915sqft)
Number of Spaces - 6
Lease Terms:
Term - 10 - Years
Commencement - 22nd April 2022
Expiry - 21st April 2032
Rent - £6,
Break - 21st April 2027
Security of Tenure - The lease is contracted Outside of the Landlord and
Tenant Act.
Value
Agents Notes:
There are 2 leases, spaces 1 - 3 on one and 4 - 6 on the other, ideally these are
each
£2, 500pa rising to £3, 000pa.
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
