INVESTMENT OPPORTUNITY
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.
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.
All dimensions are approximate.
Plus corridor, with large display window, front door, corridor leading to WC.
With power points. door leading to the kitchen.
With hot water, sink and drainer and storage cupboards, door to rear access.
With close coupled WC and wash basin.
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: Miller & Son commercial 01736 754115
Car parks in very close proximity.
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.
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.
Council Tax Band: E
*This mortgage calculator is provided for general information purposes only. It's intended to provide you with an estimate of your potential mortgage payments and does not constitute an offer of finance or advice. The calculations are based on the information you provide and do not take into account your individual needs and circumstances.
The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.
Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.
Remember, your home may be repossessed if you do not keep up repayments on your mortgage.
| Tax Band | % | Taxable Sum | Tax |
|---|
