Unit 3, Building B, Green Court, Threemilestone Business Park, Truro, TR4 9LF
SOLD
::: Truro
::: Office Investment Opportunity
::: Guide Price £260,000
::: 151.76 SQ M (1,634 SQ FT)
LONG STANDING TENANT CURRENTLY PRODUCING £17,500 PER ANNUM
MODERN 2010 PURPOSE BUILT END OF TERRACE HIGH SPECIFICATION OFFICE PROPERTY WITH PARKING
MODEST RENTAL TONE WITH 2023 RPI REVIEW
GUIDE PRICE - £260,000 - NIY 6.55%
Location
The premises are situated on the Truro Business Park at Threemilestone amongst a thriving business community. The extension of the Threemilestone Industrial Estate has created the largest office park in the area and is home to a wide variety of professional, logistics and public sector operations.
The park is easily accessed via the A390 and offers excellent access into the Cathedral city of Truro as well as benefiting from fast access to the A30 situated just 3 miles to the north.
Description
The property comprises a two storey end of terrace, purpose built office with parking to the front. The property was developed in 2010 by a large development company with many the office suites sold off plan to both owner occupiers and investors.
Internally, the property is configured to provide open plan good quality office accommodation to include suspended ceiling, modern network cabling, carpeting and air conditioning.
The existing tenants, Smart Citizen, have been in occupation for a number of years with their existing lease due to expire in December 2025. The tenant has not exercised a recent break clause.
Accommodation
| Ground Floor | 78.56 sq m | (846 sq ft) |
|---|---|---|
| First Floor | 73.20 sq m | (788 sq ft) |
| Total | 151.76 sq m | (1, 634 sq ft) |
Business Rates
Rateable Value £16,750.
EPC
To be confirmed.
Price
The property is offered freehold at a guide price of £260,000, subject to the existing occupational tenancy, a copy of the tenancy will be made available to interested purchasers.
VAT
To be confirmed.
Viewing
Strictly by appointment with Matt Gunn Commercial.
