£45,000

Retail premises for sale

  1.  Front Aspect
  2.  Reception.
  3.  Main Room
Freehold

Offers in region of

£45,000

(£73.41/sq. ft)

Retail premises for sale

Higher Fore Street, Redruth TR15

613 sq. ft

Local area information

Property location

Nearby amenities

  • Redruth 0.1 miles
  • Pennoweth Primary School 0.2 miles
  • Curnow School 0.3 miles
  • Camborne 3.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Redruth to find out more about the local area.

Features and description

  • Freehold
  • Investment opportunity
  • Two retail shops
  • Redruth centre
  • Freehold investment
  • Close to bus and railway station
  • One shop let, one vacant
This mid terraced investment unit comprises of two shops and a freehold of a flat now sold on a 999 year lease. It has a prominent visual position by those walking up from either the railway station or the bus station, which are within a few hundred yards. It is on the higher end of the main retailing area of Redruth but has the benefit of car parks in very close proximity.

Full Description

Investment opportunity
A freehold premises comprising two shops, in the busy town of Redruth.
Both units have a modern frontages with a recessed entrance and a side doors.
One unit ( no6) is presently let on an annual lease for £220 pcm £2,640 pa
The other unit ( no7) is currently vacant, but has been previously let at £3500 pa.
Total potential annual income:£6140.

Location

It is on the higher end of the main retailing area of Redruth but has the benefit of car parks in very close proximity. Redruth is a busy town with a growing population and many nearby villages. There is good access by rail and car via the main A30. The rugged and popular North coast is but a few miles away.

Accomodation Comprises

All dimensions are approximate.

Shop No 6

Reception Room (4.5m x 3m (14'9" x 9'10"))

Plus corridor, with large display window, front door, corridor leading to WC.

Main Room (4m x 2.8m (13'1" x 9'2"))

With power points. Door leading to the kitchen.

Kitchen (2m x 2m (6'6" x 6'6"))

With hot water, sink and drainer and storage cupboards, door to rear access.

Seperate Wc

With close coupled WC and wash basin.

Shop No 7 (7m x 4.7m (22'11" x 15'5"))

A lovely shop and has in the past been used as a barbers shop. Main shop area with display window . Door to Store room/kitchen with stainless steel sink unit, door to rear access path and WC .

Viewing

Viewing: Miller & Son commercial

Parking Notes

Car parks in very close proximity.

Directions

From the railway station, turn right up the hill bear left to into Higher Fore Street, and the shops are just up there on the left.

Agents Note

The Flat above has been sold on a 999 year lease. There is no ground rent, however the insurance is split four ways, units 6,7, the flat and the freeholder.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Cornwall
  4. Redruth
  5. Higher Fore Street