Royal Institution of Chartered Surveyors

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Redruth

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FIRST AND SECOND FLOOR RESIDENTIAL DEVELOPMENT OPPORTINTY FOR SALE 70 FORE STREET, REDRUTH, CORNWALL, TR15 2AF

FIRST AND SECOND FLOOR RESIDENTIAL DEVELOPMENT OPPORTINTY FOR SALE 70 FORE STREET, REDRUTH,  CORNWALL, TR15 2AF
Offers in the region of 200,000 are sought for the freehold interest

Ref: C4509
  

Prime retail first and second floor residential development for sale. Offers in the region of 200,000 are sought for the freehold interest subject to a long lease on the ground floor at a peppercorn rent.

LOCATION:
The market town of Redruth is located in central Cornwall and has a resident population of 15,634 persons (2021 Census). The combined conurbation of Redruth, Pool and Camborne however forms the most densely populated part of Cornwall and is generally regarded as the Countys industrial centre.

SITUATION:
The property is situated in Fore Street, the main street within the centre of the town just above the pedestrianised area, where there is a good range of local and national occupiers along with the benefit of on street parking. The ground floor tenant is currently Specsavers. Nearby occupiers include Superdrug, Iceland, the Post Office and busy Greens Newsagent.

DESCRIPTION:
The premises includes a large open plan first floor area, formerly sales, well presented with suspended ceiling, air conditioning and window frontage. In addition there are various store rooms, staff room and kitchen facilities but with the added benefit of access to rear loading bay. The toilets are located on the second floor.

ACCOMMODATION: (All dimensions and areas are approximate)
First Floor
Sales area 117.0m (1259ft)
Store 44.0m (473ft)
Kitchen/Starppm, 18.0m (194ft)
Store room 13.5m (145ft)
Store room 49.5m (533ft)

Total area 242m (2604ft)

Double doors to loading bay platform

Second Floor
Toilets

External
Rear loading bay plus 2 car spaces.

PRICE:
Offers in the region of 200,000 are sought for the freehold interest subject to a long lease on the ground floor at a peppercorn rent.

Consideration for the freehold of the whole property, including specsavers investment, at a rent of 20,000 per annum will be given.

VAT:
The property is not registered for VAT.

ENERGY EFFICIENCY RATING

THIS PROPERTY HAS A RATING OF D (86)

Certificate Reference Number: 6066-1631-4532-0918-5575
Report Reference: 1173-5832-0568-7861-5528

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:
Viewing arrangements may be made through sole agents Charterwood on (01872) 261216.
Contact Chris Waters chris@charterwood.com or Rosie Brenton rosie@charterwood.com

The Agents have not tested any apparatus, equipment, fixtures and fitting or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor and Surveyor. References to the tenure of the property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor.

CHARTERWOOD for themselves and for the Vendors or Lessors of this property, whose Agents they are, give notice that:
1. The particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer of contract;
2. All descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and intending purchasers or tenants should not rely upon them as statement or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
3. We have not tested the services nor fixtures and fittings. It will be the responsibility of potential purchasers to satisfy themselves as to their condition.
4. No person in the employment of Charterwood has any authority to make or give any representation or warranty in relation to this property

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www.charterwood.com
17a River Street - Truro - Cornwall - UK - TR1 2SQ
Tel: 01872 261216
Fax: 01872 261359