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39/41 Market Place, PENZANCE TR18 2SE

Type
Investment
Size
3,624 sq ft (337 sq m)
Tenure
Freehold
Price
£340,000
Yield
9.93%

Freehold investment opportunity. Imposing period mid terrace building comprising ground floor retail and 2 floors above (second floor is currently a void). ITZA of 1,182 sq ft (109.86 sq m) with a sales area of 2,489 sq ft (231.2 sq m). Let to Edinburgh Woollen Mill on a 6 year lease, expiring on 27 February 2023, on FRI (excluding second floor) terms. Current rent £35,000 per annum. Offers are invited in the region of £340,000, reflecting a net initial yield of 9.93%.

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