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INCOME PRODUCING INDUSTRIAL INVESTMENT OPPORTUNITY LOCATED ON A POPULAR ESTATE AND LET ON A NEW FULL TENANT REPAIRING LEASE WITH 3 YEAR RENT REVIEWS TO THE GREATER OF RPI OR MARKET RENT.

For sale: £210,000.00|1,679 Sq Ft|Office, Residential, Industrial, Light industrial, Warehouse, Offices

Property details

FOR SALE£210,000.00
SIZE1,679 Sq Ft
ADDRESSUnit 7B-7C, Stable Hobba Industrial Estate, Stable Hobba, Newlyn, Penzance, Cornwall, TR20 8TL
TYPEOffice, Residential, Industrial, Light industrial, Warehouse, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON29th November 2021

Description

LOCATION
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.

DESCRIPTION
The estate consists of two separate levels providing refurbished light industrial starter units with the benefit of ancillary
office accommodation and toilet facilities. The lower level is configured into 4 blocks providing a range of unit sizes
and ample parking. The upper section consists of 3 separate units together with a large ancillary car park. Units
are accessed via roller shutter doors and a separate pedestrian entrance. Units are generally of steel portal frame
construction with brick and profiled metal cladding elevations with concrete roof panels. Car parking and loading is
provided to the front of the units. Units 18 , 19 & 20 comprise a building with a GIA of 1679 sq ft (156 sq m).

Location

marker
Location: Unit 7B-7C, Stable Hobba Industrial Estate, Stable Hobba, Newlyn, Penzance, Cornwall, TR20 8TL

Penzance (1.6 miles)

St Erth (6.7 miles)

Lelant Saltings (7.4 miles)

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