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NEW INSTRUCTION LIGHT INDUSTRIAL INVESTMENT OPPORTUNITY

For sale: £205,000.00|1,732 |Warehouse, Land, Light industrial, Industrial, Office, Residential, Commercial Land, Offices

Property details

FOR SALE£205,000.00
SIZE1,732
ADDRESSUnits 9&17 Stable Hobba Industrial Estate, Penzance, TR20 8TL
TYPEWarehouse, Land, Light industrial, Industrial, Office, Residential, Commercial Land, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON21st September 2021

Description

PRICE - £205,000 | RENT - £17,420 p.a. | YIELD – 8.5%

Penzance is a town, civil parish and port in the Penwith district of Cornwall, United Kingdom. It is the most westerly major town in Cornwall and is about 64 miles (103 km) west-southwest of Plymouth and 255 miles (410 km) west-southwest of London. Situated in the shelter of Mount’s Bay, the town faces south-east onto the English Channel, is bordered to the west by the fishing port of
Newlyn, to the north by the civil parish of Madron and to the east by the civil parish of Ludgvan. The civil parish includes the town of Newlyn and the villages of Mousehole, Paul, Gulval, and Heamoor. Granted various royal charters from 1512 onwards
and incorporated on 9 May 1614,[3] it has a population of 21,200 (2011 census). The estate is located on the B3315 road which connects it to Land’s End and the main A30 trunk road. Stable Hobba Industrial Estate is occupied many marine
related businesses. The estate is a mixture of light industrial and warehouse units. It is located close to Newlyn town centre, in a residential/industrial area approximately 1.2 miles from Penzance.
The estate consists of 11 terraces providing light industrial small starter units with the benefit of ancillary office accommodation
and toilet facilities. Sizes range from 1,100 to 3,500 sq ft and provide approximately 4m eaves with accessed via roller shutter doors and a separate pedestrian entrance. Units are of steel portal frame construction with brick and profiled metal cladding elevations with concrete roof panels. Each terrace has secured gated access to a large hardstanding area providing car parking and loading to
the front of the units. Units 9&17 comprises a unit with a GIA of 1,732 sq ft (161 sq m)

Location

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Location: Units 9&17 Stable Hobba Industrial Estate, Penzance, TR20 8TL

Penzance (1.5 miles)

St Erth (6.6 miles)

Lelant Saltings (7.4 miles)

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