Enquire Now
For Sale

28 Cross Street

Specifications

648 Sq Ft (60.2 Sq M)
£
For Sale: £99,000 Freehold
28 Cross Street, Camborne, Cornwall, TR14 8EX
Current Brochure

Summary

Located close to the centre of Camborne
Freehold investment reflecting a yield of 7.94%
Long term tenant in situ
Use class E, including retail and residential

Description

The property is a centrally located retail premises close to the centre of Camborne and is set over two floors. The ground floor provides retail space with the fist floor providing storage/office accommodation. The property falls within use class E, meaning conversion to residential, subject to relevant consents.

The property is currently occupied by The Make Space on a lease expiring in October 2026, for further details please contact us.

Location

Camborne benefits from good transport links by the A30 aerial trunk road, which has points of access to both the east and west of the town. It also hosts railway connections on the main Penzance to Paddington line. The Camborne/Pool/Redruth conurbation is the most populated part of Cornwall with a combined urban population of around 59,100 (NOMIS Census). It is also an area undergoing very significant regeneration.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition).

Ground Floor 35.20Sq M, 379Sq Ft
First Floor 24.98Sq M, 269 Sq Ft

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £7,900, therefore making the approximate Rates Payable £3,942.10 per annum for 2024/25.

Services

We understand that mains electricity, water and drainage are connected to the property however these services have not been tested by the agents. Interested parties should make their own enquiries.

EPC / MEES

D (100)

Legal Fees

Each party to be responsible for their own legal fees in relation to this transaction.

VAT

All figures quoted are exclusive of VAT if applicable.

Agent Contacts