Offers in region of
£45,000
(£73.41/sq. ft)
Retail premises for saleHigher Fore Street, Redruth TR15
613 sq. ft
EPC Rating: D
Freehold
About this property
Investment opportunity
Two retail shops
Reduth 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.
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.
Mortgage calculator
Monthly repayment
£225 per month
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