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For Sale

3 And 4 Station Road

Specifications

1,854 Sq Ft (172.24 Sq M)
£
For Sale: £225,000 Freehold
3 And 4 Station Road, Redruth, Cornwall, TR15 2AB
Current Brochure

Summary

Modern office/retail space
New investment opportunity
Set over two floors
Close to recently redeveloped Butter Market
Net Initial Yield 6.94% after purchaser's costs 0f 2.47%

Description

The property is well located on Station Road and benefits from being well connected via bus, train and road routes. The property itself is set over two-stories and provides modern office accommodation which has been recently let to accountants, BK Plus Ltd.

Location

Redruth, with the surrounding towns of Pool and Camborne provides the largest population centre for the County, with the population in the region of 60,000. Redruth lies approximately 10 miles from Truro, the retail and administrative capital for Cornwall County. It benefits from main line railway service and easy access to the A30 trunk road.

Accommodation

All areas are approximate and measured in accordance with the RICS Property Measurement (2nd Edition) on a net internal basis.

Ground floor retail 77.4 sq m 832.7 sq ft
Kitchen 10.0 sq m 107 sq ft
First floor 84.9 sq m 913.8 sq ft

Total 172.3 sq m 1,855 sq ft

Business Rates

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £3,400 per annum for 2024/25. Local council reference 23327422036191.

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

E (122)

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