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Overview
- Retail
- Property Type
- 575.98 - 1166.92
- sq ft
Description
Location
We are delighted to offer to the market this mixed-use investment where Done Brothers (Cash Betting) Ltd who trade as Betfred are the ground floor shop tenants and have a lease in place until 31st December 2026. The annual rent achieved is £10,500 PAX.
The lower ground floor is let to a Slimming World franchisee who has a lease in place until 30th September 2026. The annual rent achieved is £4,200 PAX.
Flat one is on an assured shorth hold tenancy with an annual income of £6,900 per annum. Flat two is also on an assured short hold tenancy with an annual income of £6,900 per annum.
Summary
Key points
- Mixed use investment with fantastic water views to the rear
- Central location in Torpoint
- Parking for 5 cars to the rear
- 4 tenants, 2 commercial, 2 residential
- Combined income: £28,500 PAX
- Asking price £285,000 - reflecting a 10% gross yield
- Contact
Stratton Creber Commercial
Tel: 01752 907512
Gavin Sagar
gavins@sccplymouth.co.uk
www.strattoncrebercommercial.co.uk
other/187272_2ueyk8e8m9s02001.pdf
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13 Fore Street, Torpoint, PL11 2AB
Energy Class
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Energetic class: other/187272_2ueyk8e8m9s02001.pdf
- A+
- A
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