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Commercial Street, Camborne, Cornwall, TR14

£57,500

£111.43 per sq. ft.

Business rates & charges may apply

Charterwood Commercial Property Consultants Ltd, Cornwall
SIZE AVAILABLE
516 sq. ft.
(48 sq. m.)
SECTOR
High street retail property for sale

Key features

  • INVESTMENT PREMISES FOR SALE.
  • GROUND FLOOR CURRENTLY OCCUPIED AS OFFICES.
  • £57,000 PLUS VAT FOR THE FREEHOLD INTEREST SUBJECT TO AN OCCUPATIONAL LEASE ON THE GROUND FLOOR AND LONG LEASEHOLD INTEREST ON THE FIRST FLOOR RESIDENTIAL AT A PEPPERCORN RENT.
  • WE UNDERSTANDTHE LEASE IS AN INTERNAL REPAIRING AND INSURING LEASE FOR A TERM OF 3 YEARS FROM MAY 2020 AT A RENT OF £5,640 PLUS VAT WITH A ROLLING BREAK CLAUSE.
  • THE PROPERTY IS REGISTERED FOR VAT.
  • EACH PARTY TO PAY THEIR OWN LEGAL COSTS.

Property description

LOCATION:
The property is situated on Commercial Street in the heart of the town centre and leading on to Trelowarren Street the main retail thoroughfare within Camborne. A public pay and display car park is located on Rosewarne Road which is a short distance from the premises. Short term parking is also available on Trelowarren Street.

DESCRIPTION:
The premises comprises of a well presented ground floor shop, presently occupied as offices, with excellent window frontage. The office has wood flooring, panel heaters and spotlights throughout. A further separate office is located with a glass partition and a further doorway leading to a kitchenette and toilet facilities at the rear. There is a rear access on to a shared alley.

ACCOMMODATION: (All dimensions and areas are approximate)

Total sales area 48.1m² (517ft²)
WC

SALE PRICE:
£57,500 plus VAT for the freehold interest subject to an occupational lease on the ground floor and long leasehold interest on the first floor residential at a peppercorn rent.

OCCUPATIONAL LEASE:
We understand the lease is an internal repairing and insuring lease for a term of 3 years from May 2020 at a rent of £5,640 plus VAT with a rolling break clause.

RATES:
Rateable Value £7,400.00 (2017 List)

SERVICES:
We understand the shop is connected to mains electricity, water and drainage. The services have not been tested by the agent.

VAT:
The property is registered for VAT.

LEGAL COSTS:
Each party to pay their own legal costs.

MONEY LAUNDERING REGULATIONS:
In line with The Money Laundering Regulations 2017, Charterwood are obligated to verify ID for all clients that are conducting property transactions through the Company.

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 95
Certificate Reference Number: 2712-7524-9125-7127-4481
Report Reference Number: 0656-3085-8642-8597-5867

VIEWING:
By appointment with Charterwood on . Contact Chris Waters or Jo Counter.

Energy Performance Certificates

EPC

Brochures

Commercial Street, Camborne, Cornwall, TR14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Camborne Station0.3 miles
  • Redruth Station3.6 miles

About Charterwood Commercial Property Consultants Ltd, Cornwall

17a River Street, Truro, TR1 2SQ

More properties from Charterwood Commercial Property Consultants Ltd, Cornwall

Notes

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Disclaimer - Property reference C4516. 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 Charterwood Commercial Property Consultants Ltd, 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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