TRURO-MOUNTAIN WAREHOUSE
Truro, 18/20 Boscawen Street TR1 2QW
Prime Freehold Retail Investment
Mountain Warehouse
The property has the following key attributes that we would like to draw to your attention:
- Truro is the dominant retailing and administrative centre in Cornwall
- Arguably the finest shopping location in the city
- New 10 year lease without break
- Recently let on a rebased open market rent
Our clients have instructed us to seek offers in excess of £2,900,000 (Two Million Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 8.1% assuming standard purchaser’s costs.
