Light industrial for sale in Stable Hobba, Penzance TR20, £380,000

380,000.00

Offer Nr.:
66575425
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
JMD Investments and Estates Limited
Phone(s):
01788 285732

* Light Industrial Investment Opportunity 8. 5% Fri Yield
* 10 year lease with rpi/Open Market Reviews
* Price - £380, 000 | rent - £32, 240 p. a. | yield – 8. 5%
* Freehold
* Established industrial location with high tenant demand
* New listing
8. 5% yield investment to be found in the vibrant town Newlyn on the outskirts
of Penzance, nestled within Cornwall's picturesque Penwith district.
Strategically positioned on the B3315 road, this estate offers seamless access
to Land's End and the main A30 trunk road, presenting an enticing proposition
for investors seeking strategic connectivity and growth potential.
Stable Hobba Industrial Estate hosting a diverse array of light industrial and
warehouse units tailored to meet the evolving needs of businesses. Positioned
near Newlyn town centre, amidst a dynamic blend of residential and industrial
landscapes, this estate enjoys a coveted location just 1. 2 miles from
Penzance, enhancing its appeal to prospective tenants and investors alike.
Comprising two distinct levels, this estate unveils refurbished light
industrial starter units, complete with ancillary office accommodation and
essential toilet facilities. The lower level features four blocks offering a
range of unit sizes and ample parking, while the upper section houses three
separate units alongside a generous ancillary car park. Access is streamlined
through roller shutter doors and a dedicated pedestrian entrance, ensuring
operational efficiency for tenants.
Constructed with robust steel portal frames, brick, and profiled metal
cladding elevations, these units epitomize resilience and functionality.
Enhanced by metal - clad roof panels, they offer a secure environment conducive
to thriving business operations. Conveniently situated car parking and loading
facilities further elevate convenience and accessibility for tenants.
Each unit boasts a generous Gross Internal Area (gia) of 800 sq ft (74 sq m),
providing ample space for a myriad of industrial and commercial ventures.
These versatile units serve as an ideal platform for a variety of uses and
therefore make them ideal investments.
Seize the opportunity to capitalize on Penzance's burgeoning business
landscape. Contact us today to unlock your investment potential.

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