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2 bedroom commercial property for sale

Green Lane, Redruth, Cornwall, TR15

Sold STC £100,000

Property Description

Key features

  • INVESTMENT PROPERTY FOR SALE
  • RETAIL SHOPS WITH TWO UPPER FLOOR SELF-CONTAINED FLATS
  • PROPERTY CENTRALLY LOCATED WITHIN REDRUTH TOWN CENTRE

Full description

Tenure: Freehold

SITUATION:
The property is centrally located within Redruth town centre which offers a number of local and national facilities including banks, restuarants and a multi-screen cinema. Neighbouring premises include Green Lane Pharmacy and Redwood Estate Agents.

DESCRIPTION:
The property is made up of a commercial use on the ground floor comprising two shops, currently occupied as one, with two self-contained residential flats on the first floor. Vacant possession of the flats will be given. The shops have large glazed frontage onto Green Lane, whilst a door at the rear of the main sales area leads to toilet and store facilities together with a staircase leading to a first floor studio apartment (Flat 10). A separate access to this studio is also available from the rear yard which is accessed via a gate, from a side alley. The alley also provides access to the second flat (Flat 8) and access to a private yard and external stores.

ACCOMMODATION: (All dimensions and areas are approximate)

Shop 8
Shop width 3.1m
Shop depth (ignoring partition) 8.4m
Sales (ignoring partition) 23.5m (253ft)

Shop 10
Shop width 3.1m
Shop depth 8.5m
Sales 26.4m (284 ft)
WC

Flat 8
Ground floor
Kitchen/Entrance 2.70m x 3.00m 8.10m

First Floor
Lounge 4.30m x 3.10m 13.33m
Bedroom 2.30m x 3.70m 8.51m
Bathroom with WC and wash basin

Studio/Flat 10
First Floor
Lounge 3.10m x 4.80m 7.90m
Small room adjoining
Lounge and kitchen 2.10m x 1.70m 3.80m
Kitchen 2.00m x 3.2m 6.40m
Bathrooom with WC and wash basin

Outside
Stores
Private Yard

TENURE:
The property is held freehold. The flats are offered with vacant possession whilst the shop is offered subject to a 3 year lease commencing 1st October 2015 on internal repairing and insuring terms at a rent of 3,750 per annum.

TERMS:
Offers are sought in excess of 100,000 for the freehold interest.

BUSINESS RATES:
Rateable Value 3,950

For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.

SERVICES:
We understand the property is connected to mains electricity, water and drainage. However, we have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.

VAT:
We understand that the property is not VAT registered.

PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves
that consent exists for the proposed use.

LEGAL COSTS:
Each party to bear their own legal costs.

ENERGY EFFICIENCY RATING - C
THIS PROPERTY HAS A RATING OF 61

Certificate Reference Number: 0980-8954-0335-3880-4000

VIEWING:
Viewing arrangements may be made through sole agents Charterwood.
Contact Chris Waters - chris@charterwood.com
or Jo Counter - jo@charterwood.com



More information from this agent

Energy Performance Certificates (EPCs)

Map & Street View

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