A mixed retail and office investment that is situated in a prominent location at the Eastern end of Fore Street, Saltash with Coral Racing Limited as its anchor tenant.
The premises occupy a prominent location in the principal retailing street of Saltash where numerous multiple, regional and local retailers are present. Saltash is the 6th largest town in Cornwall with a current population in excess of 16,000 and, as one would expect contains a mixture of both national and local occupiers primarily based around the retail centre of Fore Street. The property is prominently located on Fore Street on a row of retailers that include Barclays Bank, Martin McColl's Newsagents, Saltash Sports and Fox and Sons Estate Agents opposite Lloyds TSB and the Co-operative convenience store.
Brunel House is laid out over 3 floors with Cashino Gaming Limited on the ground floor and United Care Concepts Limited and Psychology Associates Ltd on the floors above respectively.
The total rental income is £27,000 per annum and based upon a purchase at £325,000 this represents a net initial yield of 8.02% after the allowance of purchasers costs of 3.57%. ( Agency Pilot Software Ref: 3707 )