Retail premises for sale in Fore Street, Bodmin PL31, £225,000

225,000.00

Offer Nr.:
60927156
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Blue Alpine Partners
Phone(s):
020 3641 9157

* Freehold Grade II Listed Retail Investment
* VAT is applicable to this property
* Total area size of 142. 44 sq m (1, 533 sq ft)
* Nearby occupiers include Halifax, Iceland, Card Factory, Costa Coffee and more.
Investment Consideration:
Gross Initial Yield: 6. 11%
Rental Income: £13, 755 p. a.
VAT is applicable to this property
Comprises ground floor shop with ancillary accommodation at first, second and
third floor
Total area size of 142. 44 sq m (1, 533 sq ft)
Nearby occupiers include Halifax, Iceland, Card Factory, Costa Coffee and
more.
Property Description:
The property comprises ground floor shop with ancillary accommodation at
first, second and third floor, providing the following accommodation and
dimensions:
Ground Floor: 55. 77 sq m (600 sq ft)
Open Plan Retail
First Floor: 37. 53 sq m (404 sq ft)
3 Rooms, Kitchenette, WC
Second Floor: 34. 81 sq m (375 sq ft)
2 Rooms, Bathroom
Third Floor: 14. 33 sq m (154 sq ft)
2 Rooms
Total area size: 142. 44 sq m (1, 533 sq ft)
Tenancy:
The property is at present let to Boots Opticians Professional Services
Limited from 1st April 2018 to 30th September 2019 (holding over) at a current
rent of £13, 755 per annum and the lease contains full repairing and insuring
covenants.
Location:
The town of Bodmin is located in the former North Cornwall district area and
has a resident population of approximately 12, 600 inhabitants. Retailing
within the town centre is focused on Fore Street which includes a variety of
national, regional and local traders. There are a number of industrial estates
to the south east and north east of the town which benefit from easy access to
the A38 and A30 dual carriageways. The A30 dual carriageway runs directly to
the east of the town and is the main arterial route through Cornwall. The A38
runseast from the town and links with Liskeard and Plymouth beyond. There is a
station on the Penzance to Paddington main line circa 4 miles southeast of the
town at Bodmin Parkway.

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