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COMMERCIAL

West End, Redruth

£140,000
Millerson Commercial, Cornwall
PROPERTY TYPE

Commercial Property

BEDROOMS

2

BATHROOMS

1

SIZE

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Key features

  • MIXED COMMERCIAL INVESTMENT
  • SHOP WITH DISPLAY WINDOW
  • BUSY STREET
  • TWO BEDROOM APARTMENT
  • CENTRAL POSITION
  • CURRENT RENTAL INCOME £13,200 PA
  • RECENTLY REFURBISHED
  • 9.5% YIELD

Description

A great investment property with mixed use of Commercial and residential set in the heart of the vibrant town of Redruth with income presently in the region of £13,200 pa.
The owner have renovated the flat and shop over the years and have good tenants in both the shop and flat.

Property - A re-furbished investment property comprising with mixed use with a shop and a residential flat. The shop has a large display window and set on two floors with retail area and stairs down to a small kitchen and store room. Let on a new lease to a food retail shop. The flat is a two storey building accessed from the rear to this spacious apartment with accommodation comprising of l-Shaped Kitchen/diner, and on the next floor two bedrooms and bathroom.

Location - Located just off the central crossroads in the centre of Redruth, a vibrant town with an abundance of retail shops With a main line railway station a short walk away. Redruth is a major town with a population of approximately 16,000 and clsoe to Camborne, St Agnes and the City of Truro.
Shop 64 Sq Meters EPC 86D
Flat 41 SQ Meters EPC 55D

Investment - The shop is let at £ 350 pcm £4200pa New Three year Lease commencing February 2026
The flat is currently let at £750 pcm £9,000pa
Total annual income £13,200 pa
Yield 9.5%

Services - Main Water, Electricity and Drainage.
Council Tax for flat: 'A'

Viewing By Appointment - Please contact Jeremy or Sarah on to arrange an appointment.

Brochures

West End, RedruthBrochure

Energy Performance Certificates

EE Rating

West End, Redruth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redruth Station0.2 miles
  • Camborne Station3.4 miles

About Millerson Commercial, Cornwall

50 Fore Street, Hayle, TR27 4DY

Millerson Commercial department deals with the letting and sale of commercial predominantly around Mid and West Cornwall.

Notes

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Disclaimer - Property reference 34511028. 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 Millerson Commercial, Cornwall. 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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