Investment

TRURO-MOUNTAIN WAREHOUSE

Property Front

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.

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