Redruth

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PRIME RETAIL UNIT FOR SALE/TO LET - 70 FORE STREET, REDRUTH TR15 2AF

New FRI lease at rent of £25,000 per annum / Offers in the region of £250,000 for freehold interest

Prime retail unit for sale/to let - suitable for restaurant under new Class E planning - situated in Fore Street, the main street within the centre of town where there is a good range of local and national occupiers.

LOCATION:
The market town of Redruth is located in central Cornwall and has a resident population of 14,018 persons (2011 Census). The combined conurbation of Redruth, Pool and Camborne however forms the most densely populated part of Cornwall and is generally regarded as the County’s 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 onstreet parking. Nearby occupiers include Superdrug, Iceland, the Post Office and busy Greens Newsagent.

DESCRIPTION:
The premises comprise of a large open plan ground floor retail area, well presented with suspended ceiling, air conditioning and wracked walls, along with excellent window frontage. There is a small office located towards the rear of the sales area. Double doors at the rear of the ground floor lead to a small store room and wide stairwell accessing the first floor. This comprises further sales area together with 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.

Under new Use Class E the property can be used for A3 café/restaurant purposes.

ACCOMMODATION: (All dimensions and areas are approximate)
Ground Floor
Shop width 9.5m
Shop depth 34.0m

Total sales area 302.2m² (3251ft²)
Office 3.6m² (39ft² )
Store Room 8.0m² (86ft² )

First Floor
Sales area 117.0m² (1259ft²)
Store 44.0m² (473ft²)
Kitchen/Starppm, 18.0m² (194ft²)
Store room 13.5m² (145ft²)
Store room 49.5m² (533ft²)

Double doors to loading bay platform

Second Floor
Toilets

External
Rear loading bay plus 4 car spaces.

LEASE DETAILS:
A new full repairing and insuring lease on flexible terms.

RENT:
£25,000 per annum

PRICE:
Offers in the region of £250,000 is sought for the freehold interest.

VAT:
The property is not registered for VAT.

ENERGY EFFICIENCY RATING:
THIS PROPERTY HAS A RATING OF 86 (BAND D).
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 Jo Counter – jo@charterwood.com

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