Unit 1, Highshore House, New Bridge Street, Truro TR1 2AA
Ground Floor Dimensions - 10.6m D x 5.4m W
Ground Floor Total - 55.1sqm (593sqft)
The premises is being sold as a 999-year virtual freehold investment, with the benefit of a new 10-year lease.
There is a new Full Repairing and Insuring 10-year lease in place, with a commencing rent of £12,000pa, which reflects a gross yield of 7.3%. The lease includes a 5-year rent review and 5-year tenant break clause, which is operable upon 6-months' prior written notice.
The tenant, Cashbrokers (Grantham) Ltd, continues to trade well in the current market conditions, with 3 successful retail locations in the South West.
The shop is open and trading, so interested parties are welcome to walk in. A more formal inspection can be arranged via Redgrave Commercial.