29, Commercial Street
Camborne
Cornwall
TR14 8JX
West End, Redruth
Asking Price £140,000
2 Bedroom Commercial
- 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
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 to a successful gaming 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
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 01209 612255 to arrange an appointment.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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