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1

19 Fore Street, Redruth

Guide price

£160,000

Auction

Size

2,614

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use
Floorplan
1

Key features

  • High Yielding Mixed-Use Investment
  • Retail Unit and 3-Bed Maisonette
  • Retail Unit Let For a Term Until February 2029
  • Residential Unit Let on a Periodic Tenancy
  • Has a Substantial Rear Yard with Development Potential Subject to Consents
  • Well-Located in Redruth Town Centre
  • Located on a Pedestrianised High Footfall Street
  • 2,614 sq ft (242.8 sqm)
  • The Property is Not Elected for VAT
  • Investment Let at £24,000 p.a. (15.00% GIY on Guide Price)

Description

A mixed-use freehold property situated in Redruth, Cornwall. The ground floor is currently let and operating as a greengrocers, deli and butchery, producing a rental income of £12,000 per annum.

Arranged over the first and second floors is a well-presented, self-contained maisonette comprising an open-plan kitchen/dining/living area, three bedrooms, a bathroom and a separate shower room. The maisonette is let on a periodic tenancy for £12,000 per annum.

To the rear of the property is a car park with potential for further development, subject to the necessary planning permissions and consents.

The property is located on Fore Street. Redruth's premier retail and leisure destination. The property is located less than 200m from Redruth Train Station.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

19 Fore Street, Redruth

NEAREST STATIONS

National Rail

Redruth Station

0.12 miles

National Rail

Camborne Station

3.44 miles

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Disclaimer - Property reference 97049E61-DB7B-4EC2-8F49-A30365465573. 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 Savills National , Savills Auctions- Commercial. 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.