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.