5-6 St Nicholas Street, Truro TR1 2RL

The property comprises a prime high yielding mixed-use investment let to Card Factory and occupying a high footfall street in Truro. Arranged across ground, and three upper floors, the accommodation includes retail/sales area to the ground floor, ancillary space to the first floor with 2 x two bedroom flats to the second and third floors. The property is let in its entirety to Sportswift Limited (t/a Card Factory) on a five year lease expiring 16/10/2028 and paying £50,000 per annum. The tenant is a long-standing occupier, having been in occupation for over 15 years, and the current lease is a renewal of a previous lease. We understand the flats to the upper parts are not used by the tenant, therefore the property may have asset management potential via regaining vacant possession of these flats. The property occupies a prime, high footfall, pitch in the centre of Truro; the administrative capital of Cornwall and a popular tourist destination.