This mid terraced investment unit comprises of two shops and a freehold of a flat now sold on a 999 year lease. It has a prominent visual position by those walking up from either the railway station or the bus station, which are within a few hundred yards. It is on the higher end of the main retailing area of Redruth but has the benefit of car parks in very close proximity.
INVESTMENT OPPORTUNITY
A freehold premises comprising two shops, in the busy town of Redruth.
Both units have a modern frontages with a recessed entrance and a side doors.
One unit ( no6) is presently let on an annual lease for £220 pcm £2,640 pa
The other unit ( no7) is currently vacant, but has been previously let at £3500 pa.
Total potential annual income:£6140.
It is on the higher end of the main retailing area of Redruth but has the benefit of car parks in very close proximity. Redruth is a busy town with a growing population and many nearby villages. There is good access by rail and car via the main A30. The rugged and popular North coast is but a few miles away.
All dimensions are approximate.
4.5m x 3m (14'9" x 9'10")Plus corridor, with large display window, front door, corridor leading to WC.
4m x 2.8m (13'1" x 9'2")With power points. door leading to the kitchen.
2m x 2m (6'6" x 6'6")With hot water, sink and drainer and storage cupboards, door to rear access.
With close coupled WC and wash basin.
7m x 4.7m (22'11" x 15'5")A lovely shop and has in the past been used as a barbers shop. Main shop area with display window . Door to Store room/kitchen with stainless steel sink unit, door to rear access path and WC .
Viewing: Miller & Son commercial 01736 754115
Car parks in very close proximity.
From the railway station, turn right up the hill bear left to into Higher Fore Street, and the shops are just up there on the left.
The Flat above has been sold on a 999 year lease. There is no ground rent, however the insurance is split four ways, units 6,7, the flat and the freeholder.
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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