£950,000
Property for saleMixed Investment, Tower House, Fore Street, Redruth TR15
About this property
Mixed investment premises
Prominent location in central redruth
Three retail shops and nine flats
Annual rent of £91,140
Net initial yield of 9.59%
Energy performance certicates available
A high yielding multi-let investment in Redruth comprising three ground floor shops with seven studio and two one bedroomed flats above which are accessed separately. Full leases are available on request and our clients have recently repaired the roof, decorated the exterior and in all it presents very handsomely. All flats are on APTs which commenced 1 May 2026. The commercial units are as follows: Unit 1: 5 year lease expiring 30 April 2029 at at a passing rent rent of £6,000 plus VAT Unit 2: 5 year lease expiring 31 January 2028 at a passing rent of £7,200 plus VAT Unit 3: 6 year lease put in place December 2025, expires 22/01/2032,6 at a passing rent of £7,500 plus VAT
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Monthly repayment
£4,752 per month
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