Investment.

Truro.

9/9A Pydar Street, TR1 2AX

Map View

Status.

Available

Accommodation.

Ground Floor Sales 6,667 sq ft 619.61 sq m
Ground Floor ITZA 1,634 sq ft 151.86 sq m
First Floor Sales 1,951 sq ft 181.32 sq m
First Floor Ancillary 2,279 sq ft 211.80 sq m
Second Floor Ancillary 1,257 sq ft 116.82 sq m
First Floor Offices 1,008 sq ft 93.68 sq m
Second Floor Offices 1,229 sq ft 114.22 sq m

Price.

£1,050,000 (Subject to Contract and Exclusive VAT)

Location.

Truro is an attractive cathedral city and an important administrative and cultural centre for the South West. It is the dominant retailing destination in Cornwall.

Truro, serving as the administrative and cultural hub of Cornwall, is renowned for its breathtaking cathedral, charming Georgian architecture, and lively shopping scene. Positioned approximately 40 miles (65 km) west of Plymouth, 74 miles (119 km) southwest of Exeter, and 230 miles (370 km) southwest of London, the city boasts strategic geographical connections.

Description.

The central shopping area is efficiently organised, comprising 740,000 sq ft of retail floor space. The primary shopping hubs are concentrated along Pydar Street, extending further onto King Street and St Nicholas Street. Lemon Quay, located adjacent to the A39 to the south of the town centre, hosts stores for prominent brands such as M&S and Primark.

Rent.

£177,000.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of £15.93% and a reversionary yield of 9.45%.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

David Freeman.

Partner | Investment

Jonny Gooch.

Associate Partner | Investment

Contact.

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson