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SUBSTANTIAL OFFICE BUILDING FOR OCCUPATION OR RESIDENTIAL DEVELOPMENT
Offers of £200,000 are sought for the freehold interest |
The premises are located on Station Road, opposite the railway station and main bus stops, with car parks in close proximity and a taxi rank outside. The property is linked by a passageway to the pedestrianised prime shopping area of Fore Street.
LOCATION:
Redruth is part of the expanding Camborne-Pool-Redruth urban area, one of the most densely populated areas in Cornwall. The town is extremely well-connected, lying adjacent to the A30 (Cornwall’s main distributor road) and on main bus routes and has a mainline railway station to London Paddington. Truro and the University town of Falmouth are within easy reach, as are St Ives, The Lizard and many other leisure and tourism destinations.
SITUATION:
The premises are located on Station Road, opposite the railway station and main bus stops, with car parks in close proximity and a taxi rank outside. The property is linked by a passageway to the pedestrianised prime shopping area of Fore Street.
DESCRIPTION:
The building offers substantial, flexible space over three floors plus accessible attic level, with an attached building providing a large canteen/kitchen area, male and female toilet suites and a disabled toilet. The property has most recently been used as offices and meeting/training rooms and previously as a skills training centre and retail shop and showroom but readily lends itself to a range of class E uses, or other uses subject to planning (e.g. it would lend itself to subdivision and letting of multiple offices/units or serviced office/work hub use, multi-unit retail, artists’ studios and gallery, craft workshops, or health and well-being centre).
Subject to planning, the property also provides an attractive development opportunity, with the upper floors enjoying far reaching views to the North Coast and the building retaining many of its character features from its industrial heritage. Redevelopment opportunities could include loft style apartments, student accommodation, HMO and live/work style shared accommodation.
The property is now available cleared and with vacant possession.
ACCOMMODATION:
Ground Floor
175.1 m² (1884 ft²)
First Floor
241.8 m² (2602 ft²)
Second Floor
171.9 m² (1845 ft²)
Attic Space
94.5 m² (1017 ft²)
Total 683.3 m² (7348 ft²)
The building has two toilet suites with a disabled access toilet, and a substantial ktchen/canteen area.
LEASE/PRICE:
The property is available to let for occupation as offices/Class E use or other uses subject to planning on negotiable terms at a rent of £18,000.
Offers are sought for the freehold interest in the region of £200,000.
VAT:
The property is not registered for VAT.
BUSINESS RATES:
Purchasers should satisfy themselves as to the rateable value with Cornwall Councill.
For further information regarding rates payable and eligibility for small business relief contact Cornwall Council.
Tel: 0300 1234171.
SERVICES:
We understand the property is connected to mains electricity, water and drainage. We have not tested the services connected to the premises and the ingoing tenant/purchaser should carry out their own inspections.
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.
VIEWING:
By appointment through Charterwood on (01872) 261216. Contact Chris Waters or Rosie Brenton.
ENERGY EFFICIENCY RATING
THIS PROPERTY HAS A RATING OF D 79
Certificate Reference Number: 4700-1649-4223-5861-2524
Report Reference: 1844-9849-2294-7375-2092
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