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7 Mount Folly Sq
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7 Mount Folly Sq
2,297 SF Vacant Retail Building Bodmin PL31 2DE $301,776 ($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%.
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%.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Long Leasehold
Building Size
2,297 SF
Building Class
C
Year Built
1800
Price
$301,776
Price Per SF
$131
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.35
Lot Size
0.15 AC
Parking
11 Spaces (4.79 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Commuter Rail
- Security System
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- Ground
- 1,475 SF
- Retail
- Outparcel
- Now
Space | Size | Space Use | Position | Available |
Ground | 1,475 SF | Retail | Outparcel | Now |
Ground
Size |
1,475 SF |
Space Use |
Retail |
Position |
Outparcel |
Available |
Now |
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NEARBY MAJOR RETAILERS
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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7 Mount Folly Sq
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