Summary - 9 & 17 Stable Hobba, Penzance, Cornwall, TR20 TR20 8TL
1 bed 1 bath Light Industrial
**Standout Features:**
- Freehold light industrial unit in Penzance, Cornwall
- Total size: 1,742 sq ft (161 sqm)
- 24-hour access with roller shutter door
- Caretaker on site for added security
- Currently generating a rental income of £21,935 per annum
- Located within a well-established industrial estate
- Very low crime rate in a rural, affluent area
**Notable Concerns:**
- 9 years left on the lease may be a hurdle for mortgage lending
- Broadband speeds are slow, which could impact business operations
**Summary:**
Seize this unique opportunity to invest in a substantial light industrial unit located within the thriving Stable Hobba Industrial Estate in Penzance, Cornwall. This freehold property offers an expansive 1,742 sq ft of usable space, complemented by a roller shutter door for easy access and a caretaker on site, enhancing both security and convenience. Generating a steady rental income of £21,935 per annum, this site presents a solid, passive investment in a picturesque setting known for its historical charm and potential for growth.
Conveniently located just 1.2 miles from Penzance and close to Newlyn town center, this property benefits from strong accessibility and a mix of local amenities. While the remaining lease term may pose challenges for mortgage financing, the low crime rate and affluent community provide a reassuring environment for business operations. Envision your future here—whether as an investment or for your business—before this opportunity slips away!
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