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Mixed Investment, Tower House, Fore Street, Redruth

Guide Price
£950,000

Business rates & charges may apply

Miller Commercial, Commercial Agency
SIZE

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SECTOR

Commercial development for sale

Key features

  • MIXED INVESTMENT PREMISES
  • PROMINENT LOCATION IN CENTRAL REDRUTH
  • THREE RETAIL SHOPS AND NINE FLATS
  • ANNUAL RENT OF £91,140
  • NET INITIAL YIELD OF 9.59%
  • ENERGY PERFORMANCE CERTICATES AVAILABLE

Description

A high yielding multi-let investment in Redruth comprising three ground floor shops with seven studio and two one bedroomed flats above which are accessed separately. Full leases are available on request and our clients have recently repaired the roof, decorated the exterior and in all it presents very handsomely. All flats are on APTs which commenced 1 May 2026. The commercial units are as follows: Unit 1: 5 year lease expiring 30 April 2029 at at a passing rent rent of £6,000 plus VAT Unit 2: 5 year lease expiring 31 January 2028 at a passing rent of £7,200 plus VAT Unit 3: 6 year lease put in place December 2025, expires 22/01/2032,6 at a passing rent of £7,500 plus VAT

Brochures

Mixed Investment, Tower House, Fore Street, Redruth

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redruth Station0.1 miles
  • Camborne Station3.4 miles

About Miller Commercial, Commercial Agency

The Old Sunday School, 2 Old Bridge Street, Truro, TR1 2AQ

Miller Commercial is a General Practice firm of Chartered Surveyors operating out of Mansion House, a mid 18th Century Grade 1 Listed property in the heart of Truro, Cornwall's only City and the Duchy's commercial hub.

The firm is a private partnership born from a Hambro Countrywide management buy-out in 1994, with 3 Partners and 12 additional fee earners. Miller Commercial is the largest commercial firm of Chartered Surveyors in the county and operates throughout Cornwall and West Devon.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 9721. 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 Miller Commercial, Commercial Agency. 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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