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3 bedroom retail property (high street) for sale

Chapel Street, Redruth, Cornwall, TR15

Sold STC £185,000

Property Description

Key features

  • Shop & Flat Investment
  • Shop Currently Let
  • Spacious 3 Bedroom Flat Currently Vacant
  • Potential Income 12,700 Per Annum Exclusive
  • Suit Owner Occupier/Investor
  • Good Secondary Position In Town Centre

Full description

A prominent retail and commercial investment property in a strong secondary trading position. The ground floor shop is currently let to Day Lewis Plc pharmacy at a current annual rent of 5,500. Independently accessed is a spacious three bedroom flat over, currently vacant and would be suitable for letting purposes or owner occupier. The flat has previously been let on a short shorthold tenancy basis achieving a monthly rental income of 600. If let at a similar figure this would equate to an annual rental income of 12,700 for a yield of approximately 7% gross. Viewing is strictly by appointment through the vendors agents.

SHOP

MAIN SHOP 30.58sqm (330sqft)

CONSULTING ROOM 4.66sqm (50sqft)

DISPENSING AREA 14.78sqm (159sqft) Door to:

ENCLOSED REAR COURTYARD With outside staff wc and a rear pedestrian gate.

FLAT (16A)

ENTRANCE LOBBY

HALLWAY

DINING ROOM 4.53m x 2.57m (14'10 x 8'5) With a gas fire.

KITCHEN 3.81m x 3.57m (12'6 x 11'8) Double glazed window and door to the rear courtyard. Range of floor and wall cupboards with roll edge work surfaces.

FIRST FLOOR

LANDING With a radiator.

LOUNGE 5.48m x 4.93m (17'11 x 16'2) With an open fireplace and hearth. Radiator.

BEDROOM 1 3.32m average x 5.61m (10'10 x 18'4) Radiator.

BEDROOM 2 4.43m max x 4.21m max (14'6 x 13'9) With an airing cupboard housing a water tank.

BEDROOM 3 3.12m x 3.99m (10'2 x 13'1) Radiator.

BATHROOM Suite comprising a panelled bath with shower over, low level wc and a pedestal wash hand basin. Radiator.

DIRECTIONS From our office in Redruth turn left into Chapel Street and the property will be found on the right hand side.



Map & Street View

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