Prominent high street investment in Saltash

Investors are being steered to a landmark retail/office building in Saltash.

Brunel House on Lower Fore Street is being marketed by Mark Slade from Bruton Knowles’ Plymouth office with offers invited in the region of £325,000 for the freehold.

The premises which are laid out over three floors are currently let to Coral Racing Ltd on the ground floor, with United Care Concepts and Blue Dolphin Leisure Ltd on the first and second floors.

Mark Slade said: “Fore Street is one of the main approaches to the Tamar bridge with high traffic flow and footfall the premises will be well known to people in Saltash alongside Barclays Bank, McColls News agency, Saltash Sports, Fox and Son Estate Agents, Lloyds and the Co-op.

“With an A rated tenant on a ten year lease and two other firms on five year leases this is a smart investment opportunity representing an initial yield of 7.28 per cent.”

For further details contact Mark Slade at Mark.slade@Brutonknowles.co.uk