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7 Mount Folly Sq

2,297 SF Vacant Retail Building Bodmin PL31 2DE $300,707 ($131/SF)

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Investment Highlights

Character commercial premises
Strategically located close to A30

Prominent location

Executive Summary

The site and building are immediately available with the benefit of a new 999-Year Lease. There are 5 residential flats in the building also recently developed and to be sold on 999-year leases.
The unit is being offered with vacant possession, but also being offered to let on a 6-year lease; at a quoting rent of £24,000pa for years 1-3 rising to £26,400pa for years 4-6, this represents a yield of 10% rising to 11%.