Freehold Commercial Investment Property, 7 Penryn Street, Redruth, Cornwall, TR15 2SP
- SIZE
Ask agent
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: A1 Shops, B1 Business and C3 Dwelling Houses
A1, B1, C3
Key features
- Freehold Commercial Investment Property
- Commercial Let Producing £7,200 pa
- 2 Bed Flat Let Producing £10,200 pa
- Total Rental Income £17,400 pa (8% ROI)
- Flat Available On Its Own On (999 year lease £140,000)
Description
Also Apartment Available Separate (999 Year Lease £140,000)
Ref 3081
Asking Price £215,000
Location
This Freehold Commercial Investment Property is located in the Cornish town of Redruth. The property is very close to the town centre which offers large blue chip and niche independent retailers. The main trunk road through the county the A30 provides easy access to the picturesque town of St Ives which is approximately (16 miles) away. Truro city centre, is (15 miles) away and the popular holiday village of Portreath is only (4 miles) away. Redruth is also on the main railway line from Paddington to Penzance.
Business Description
Veritas Business Sales are delighted to offer for sale this Freehold Commercial Investment Property which is located in the Cornish town of Redruth. The property has been in the careful hands of our client since 2020 and is now being offered for sale so they can concentrate on their other business interests. The ground floor offers retail space and above you have a newly renovated self contained two bedroom apartment.
Key Details:
* Freehold of Entire Building: £215,000
* Flat on 999-Year Lease: £140,000
* Rental Income:
* Flat: £850 pcm (£10,200 pa)
* Shop: £600 pcm (£7,200 pa)
* Total Income: £1,450 pcm (£17,400 pa)
Features:
* Flat recently upgraded with a new kitchen * Shop fully renovated in recent years, including new windows * Private access to flat * Small yard to the rear - ideal for storage, bins, or light outdoor use * Located in a convenient and desirable area
Ground Floor
Retail area (8.5m x 4.25.1m)
Storeroom (3.9m x 2.7m)
Toilet (2.7m x 2.8m)
First Floor
Bedroom 1 (4.1m x 2.4m) Kitchen (3.1m x 3.1m) Lounge (4.2m x 3.5m)
Second Floor
Bathroom (4.8 x 1.6m)
Bedroom 2 (5.8 x 3.8)
External
Rear Yard
EPC Rating D
Energy Performance Certificates
EPC 1Freehold Commercial Investment Property, 7 Penryn Street, Redruth, Cornwall, TR15 2SP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Redruth Station0.1 miles
- Camborne Station3.4 miles
About VERITAS BUSINESS SALES LTD, South West
Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL

Notes
Disclaimer - Property reference 3081. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by VERITAS BUSINESS SALES LTD, South West. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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