Higher Fore Street, Redruth
Auction Guide £25,000
A1
- INVESTMENT OPPORTUNITY
- FOR SALE BY AUCTION 23rd JULY
- REDRUTH CENTRE
- FREEHOLD INVESTMENT
- CLOSE TO BUS AND RAILWAY STATION
- ONE SHOP LET, ONE VACANT
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.
Full Description
For sale by Public Auction and via Livestream on Thursday
23rd July 2026 at 2pm at Merley House, Merley House
Lane, Wimborne, BH21 3AA. Register to bid in the room,
online, by telephone or by proxy via our website.
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.
Location
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.
Accomodation comprises
All dimensions are approximate.
Shop No 6
Reception Room
4.5m x 3m (14'9" x 9'10")Plus corridor, with large display window, front door, corridor leading to WC.
Main Room
4m x 2.8m (13'1" x 9'2")With power points. door leading to the kitchen.
Kitchen
2m x 2m (6'6" x 6'6")With hot water, sink and drainer and storage cupboards, door to rear access.
Seperate WC
With close coupled WC and wash basin.
Shop NO 7
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
Viewing: Miller & Son commercial 01736 754115
Parking Notes
Car parks in very close proximity.
Directions
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.
Agents Note
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.
AUCTION CONDITIONS OF SALE AND NOTES
For full details please refer to the auction catalogue available online at
www.symondsandsampson.co.uk/property-auctions
LEGAL AND INFORMATION PACK
A full legal pack can be purchased online. Please telephone the office
below to check availability.
We strongly recommend you instruct a solicitor to inspect the
legal pack on your behalf.
* Guides are provided as an indication of each seller's minimum
expectation. They are not necessarily figures which a property will sell
for and may change at any time prior to the auction. Each property will be
offered subject to a Reserve (a figure below which the Auctioneer
cannot sell the property during the auction). The reserve price is not
disclosed and remains confidential between the seller and the
auctioneer. Both the guide price and the reserve price can be subject to
change up to and including the day of the auction. The ‘Reserve Price’
may exceed the ‘Guide Price’ listed. If so, it is customary for the ‘Reserve
Price’ to exceed the guide price by no more than 10%.
Additional Fees
• The successful purchaser will be required to pay the Auctioneers a
Purchaser's Administration Fee of £1,800 (£1,500 plus VAT) payable to
Symonds & Sampson. For purchases of £50,000 or less the
Administration fee will be £960 (£800 plus VAT). If two or more lots are
offered together in the first instance, or lots are purchased under one
contract, the administration fee will apply per lot and not per contract.
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• Disbursements – Please see the legal pack for any
AGENTS NOTE
For full details of the conditions and the process please see auctioneers details:
https://www.rightmove.co.uk/properties/89719305#/?channel=RES_BUY
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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