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1 Commercial Rd 9,275 sq ft Retail Property Penryn TR10 8AG £650,000 (£70.08/sq ft)
Investment Highlights
- Entirely let to Speedy Hire PLC on a new 5 year lease expiry in 2031 (no breaks)
- Total accommodation extending to approximately 861.66 sq m (9,275 sq ft)
- Accommodation arranged over ground and first floors
- Total site area extending to 0.322 acres (0.13 ha)
Executive Summary
Lot 20 is available for sale at an Allsop online auction to be held on Tuesday 24th of March 2026.
The property comprises an investment opportunity for sale.
The asking price is £650,000 - £675,000, representing a gross initial yield of 8.46%.
The property comprises an investment opportunity for sale.
The asking price is £650,000 - £675,000, representing a gross initial yield of 8.46%.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
9,275 sq ft
Costar Property Class
B
Year Built
1990
Price
£650,000
Price per sq ft
£70.08
Tenancy
Single
Number of Floors
2
Plot ratio
0.67
Total Plot Size
0.32 ac
Frontage
39 ft on Commercial Road
Amenities
- Storage Space
- Smoke Detector
Nearby Major Retailers
1 of 6
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1 Commercial Rd
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