Redruth

All Redruth Properties     Back to Listing     Print These Details

INVESTMENT PREMISES FOR SALE - 8-10 GREEN LANE, REDRUTH, CORNWALL

Offers in excess of £100,000

Retail Shops with two upper floor self-contained flats

LOCATION:
Redruth, along with the neighbouring town of Camborne, is one of the most densely populated parts of the County. The town lies adjacent to the A30 the county’s main distributor road and has a mainline railway station to London and Paddington.

SITUATION:
The property is centrally located within Redruth town centre which offers a number of local and national facilities including banks, restuarants and a multi-screen cinema. Neighbouring premises include Green Lane Pharmacy and Redwood Estate Agents.

DESCRIPTION:
The property is made up of a commercial use on the ground floor comprising two shops, currently occupied as one, with two self-contained residential flats on the first floor. Vacant possession of the flats will be given. The shops have large glazed frontage onto Green Lane, whilst a door at the rear of the main sales area leads to toilet and store facilities together with a staircase leading to a first floor studio apartment (Flat 10). A separate access to this studio is also available from the rear yard which is accessed via a gate, from a side alley. The alley also provides access to the second flat (Flat 8) and access to a private yard and external stores.

ACCOMMODATION: (All dimensions and areas are approximate)

Shop 8
Shop width 3.1m
Shop depth (ignoring partition) 8.4m
Sales (ignoring partition) 23.5m² (253ft²)

Shop 10
Shop width 3.1m
Shop depth 8.5m
Sales 26.4m² (284 ft²)
WC

Flat 8
Ground floor
Kitchen/Entrance 2.70m x 3.00m 8.10m²

First Floor
Lounge 4.30m x 3.10m 13.33m²
Bedroom 2.30m x 3.70m 8.51m²
Bathroom with WC and wash basin

Studio/Flat 10
First Floor
Lounge 3.10m x 4.80m 7.90m²
Small room adjoining
Lounge and kitchen 2.10m x 1.70m 3.80m²
Kitchen 2.00m x 3.2m 6.40m²
Bathrooom with WC and wash basin

Outside
Stores
Private Yard

TENURE:
The property is held freehold. The flats are offered with vacant possession whilst the shop is offered subject to a 3 year lease commencing 1st October 2015 on internal repairing and insuring terms at a rent of £3,750 per annum.


TERMS:
Offers are sought in excess of £100,000 for the freehold interest.

BUSINESS RATES:
Rateable Value £3,950

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. However, we have not tested the services connected to the premises and the ingoing tenant should carry out their own inspections.

VAT:
We understand that the property is not VAT registered.

PLANNING:
Interested parties should make their own enquiries with Cornwall Council Planning Department to satisfy themselves
that consent exists for the proposed use.

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

VIEWING:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.

Contact Chris Waters – chris@charterwood.com
or Jo Counter – jo@charterwood.com

ENERGY EFFICIENCY RATING - C
Certificate Reference Number: 0980-8954-0335-3880-4000

    Print These Details     All Redruth Properties     Back to Listing