7 Mount Folly Sq
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7 Mount Folly Sq
2,297 SF Vacant Retail Building Bodmin PL31 2DE £240,000 (£104/SF)
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
£240,000
Price Per SF
£104
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
0.35
Lot Size
0.15 AC
Parking
11 Spaces (4.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- 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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7 Mount Folly Sq
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