Acting for Westward Housing Group and NHS, Monk and Partners with sub agents Simon Milnes Estate Agents(Truro) have sold the freehold interest in a detached period property on the edge of Truro City Centre, namely Chy Colom, Agar Rd, Truro. Formerly used for the provision of supported living, this three storey property provided 10 bedrooms and ancillary accommodation but was in need of refurbishment and was offered for sale off an asking price of £525,000. The property was offered to the commercial and residential markets being considered suitable for a range of uses. A sale was agreed to private investors for a change of use to a private residence.
National retail shop investors, NOS 4 LTD have sold, through local commercial property agents Monk & Partners, Eastgate House, 1 East St, Okehampton.
John Slade of Monk & Partners said, “we were instructed to market a portfolio of mixed retail and residential investment properties in the town with the subject property being sold to a private investor. A number of enquiries were received for the various properties and the subject property comprising a ground floor shop leased and occupied by Bradleys Estate Agents with two long leasehold flats above was sold off an asking price of £125,000 for the freehold.''
Of the portfolio of four, one property was previously sold at auction and another is currently under offer. The last remaining unit is now vacant and is remains available off an asking price of £60,000 (STC) for a lock up shop unit.