The Redruth Drapery

Considered an architectural gem, The Redruth Drapery was once part of a Cornish Department store which occupied both sides of West Street during Redruth's industrial hey-day. With considerable interest in the town in recent years as a hub for independent and community focussed businesses the building provides an exciting opportunity for new owners.

With its striking frontage, grand proportions and original features, the current owners have brought the building back to life and have provided an exceptional events space which has been utilised for for pop up food events, live music, workshops, corporate functions, talks and learning experiences; with two floors and a large attractive outside space there is plenty of scope for events of all sizes.

In more recent years the space has been used on an as and when basis, the asking price for the building will include the trade inventory and previously used mailing list. With latent goodwill the Drapery could be re-established as this events space, or opportunity exists to easily switch to a cafe, tea rooms, bar or hybrid space. The striking glass frontage, original signage, sweeping staircase and wood panelling provides the perfect scene for any trading business.

The Drapery is on West End in the town centre, close the railway station and provides a highly visible location. Redruth has seen significant regeneration successes, particularly through the High Street Heritage Action Zone (HSHAZ) program, which has revitalised historic buildings and created new community and commercial spaces. Key achievements include the transformation of the Buttermarket into a hub for independent food businesses, the creation of "The Ladder" creative hub in the former library, and the conversion of 81 Fore Street into artist studios. This has brought considerable positive and independent focus to the town.

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

Central main entrance at ground floor to open plan trading area (12.9m x 10.4m) having solid wood (reportedly from the Bodmin Jail Governors House) servery and back bar and aforementioned full glazed frontage. Accessible toilet, beer cellar (4.5m x 3.2m) and separate store. Space for c50 covers. Wood burner and hot/cool air heating system. Stairway to mezzanine level which provides for DJ style booth looking over the ground floor and rear office (4.5m x 3.2m).

An impressive sweeping staircase provides access to the first floor which leads to another attractive trading area with full glazed frontage and high ceilings. There is a commercial kitchen and servery and space for an additional 50 covers. Customer toilets. Double doors lead out to the rear with an enclosed trade garden which can provide space for a further 50 covers. Stone store.

From the Valuation Office Agency website (www.voa.gov.uk) we understand that the current Rateable Value is £3,800, which would qualify for 100% relief depending on the purchasers situation.

Interested parties are advised to confirm the rating liability with Cornwall Council.

We understand that mains electricity, gas, 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.

C (74)

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

All figures quoted are exclusive of VAT if applicable.