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Investment Opportunity: Industrial Units in Penzance, Cornwall
Full Description:
An investment opportunity in the historic town of Penzance, nestled within the
picturesque Penwith district of Cornwall, United Kingdom. Situated on the
B3315 road, this estate offers strategic connectivity to Land End and the main
A30 trunk road, positioning it as a pivotal hub for businesses seeking access
to key transportation routes.
Stable Hobba Industrial Estate, home to a diverse range of marine - related
businesses, presents a blend of light industrial and warehouse units. Located
in close proximity to Newlyn town centre, in a dynamic residential/industrial
area approximately 1. 2 miles from Penzance, this estate offers convenience and
accessibility to tenants and investors alike.
Units 9 & 17, boasting a combined Gross Internal Area (gia) of 1, 742 sq ft
(161 sqm), represent a compelling investment opportunity. Currently leased to
Messrs Rushton and Green on a 10 - year term from 06. 09. 2021, the property
operates under full tenant repairing terms, generating a rental income of
£17, 420 p. a. The lease incorporates rent reviews every third year of the term,
ensuring alignment with market trends or rpi increases. Additionally, a
tenant - only break clause at the fifth year offers flexibility and security for
both parties.
Seize the opportunity to invest in these industrial units in Penzance,
Cornwall, a historically significant location with promising growth potential.
Contact us today to capitalize on this exceptional investment opportunity and
secure your stake in the dynamic industrial landscape of Penzance.

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