**Standout Features:**
- Freehold investment property in Truro city center
- Two fully let commercial units generating £20,000 annual rental income (8% ROI)
- Newly renovated with minimal immediate maintenance needed
- Prime location near local amenities, schools, and cultural hubs
**Notable Concerns:**
- Lease has only 5 years remaining, which may impact mortgage financing
- Small plot size could limit further development or extensions
This newly renovated freehold investment property in the heart of Truro presents a rare opportunity for investors seeking reliable rental income and low-maintenance ownership. Comprising two fully let commercial units—a coffee shop and a hair salon—this property yields a combined annual income of £20,000, reflecting an impressive 8% ROI. Located on the bustling Kenwyn Street, you're positioned close to notable landmarks such as the Theatre and Cathedral, ensuring high visibility for tenants.
While the property's premium condition means you'll save on immediate outlay, it's important to note that the remaining lease will require strategic planning for future financing. The area's low crime rate and vibrant local amenities enhance its attractiveness to both businesses and clientele alike, making this an ideal choice for those looking for a secure investment in a growing city. Don’t miss out on this opportunity—properties of this caliber and location are not available for long!
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