Purpose built retail warehouse scheme

Purpose built retail warehouse scheme in an affluent market town in the heart of Cornwall. Providing the only out of town retail provision for the catchment population, with no competing scheme within a 25 minute drive time. Prominently situated fronting the A38, with approximately 26,500 vehicles passing daily and directly opposite a 56,500 sq ft Morrisons supermarket and petrol filling station. Extending to a total of 45,650 sq ft, across 4 detached units and 185 parking spaces. Fully let to the very low risk national covenants of B&M Home & Garden, Pets at Home, Argos, Costa, and Instavolt. Contracted rent of £671,500 per annum, reflecting a low average rent of £14.32 per sq ft. Weighted Average Unexpired Lease Term of 5.6 years to lease expiries and 4.9 years to break. 5.1-acre site, with a low site coverage of 20.5%.