Truro 17/18 King Street

Prime Freehold Retail Investment 

Schuh & Fone Case 

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
  • Two shops both let on recently rebased rents

Our clients have instructed us to seek offers in excess of £1,475,000 (One Million Four Hundred and Seventy Five 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% assuming standard purchaser’s costs.

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