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

380,000.00

Offer Nr.:
60646896
Type of ad:
for Sale
Property type:
Light industrial
Contact name:
JMD Investments and Estates Limited
Phone(s):
01788 285732

* Light Industrial Investment Opportunity
* 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
**Location**
Penzance is a town, civil parish and port in the Penwith district of Cornwall,
United Kingdom. It is the most westerly major town in Cornwall and is about 64
miles (103 km) west - southwest of Plymouth and 255 miles (410 km) west -
southwest of London. Situated in the shelter of Mount’s Bay, the town faces
south - east onto the English Channel, is bordered to the west by the fishing
port of Newlyn, to the north by the civil parish of Madron and to the east by
the civil parish of Ludgvan. The civil parish includes the town of Newlyn and
the villages of Mousehole, Paul, Gulval, and Heamoor. Granted various royal
charters from 1512 onwards and incorporated on 9 May 1614, it has a population
of 21, 200 (2011 census). The estate is located on the B3315 road which
connects it to Land’s End and the main A30 trunk road. Stable
Hobba Industrial Estate is occupied many marine related businesses. The estate
is a mixture of light industrial and warehouse units. It is located close to
Newlyn town centre, in a residential/industrial area approximately 1. 2 miles
from Penzance.
**Description**
The estate consists of two separatelevels providing refurbished light
industrial starter units with the benefit of ancillary office accommodation
and toilet facilities.
The lower level is configured into 4 blocks providing a range of unit sizes
and ample parking. The upper section consists of 3 separate units together
with a large ancillary car park. Units are accessed via roller shutter doors
and a separate pedestrian entrance. Units are generally of steel portal frame
construction with brick and profiled metal cladding elevations with metal clad
roof panels. Car parking and loading is provided to the front of the units.
Each
unit comprises a building with a gia of 800 sq ft (74 sq m).

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