Retail premises for sale in Commercial Street, Camborne TR14, £70,000
70,000.00
Offer Nr.:
61040340
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Blue Alpine Partners
Phone(s):
020 3641 9157
Email:
* VAT is not applicable to this property
* Roof repair works carried out in 2020
* Nearby occupiers include Costcutter, WHSmith, Santander, Shoe Zone and aLloyds
Investment Consideration:
Gross Initial Yield: 10. 02%
Rental Income: £7, 020 p. a.
VAT is not applicable to this property
Comprises mid - terrace ground floorshop
Roof repair works carried out in 2020
Nearby occupiers include Costcutter, WHSmith, Santander, Shoe Zone and a
Lloyds Bank.
Property Description:
Comprises mid -terrace ground floor shop with benefit of a rear access and
providing the following accommodation and dimensions:
Ground Floor: 50 sq m (538 sq ft)
Open plan retail,Storage, Kitchenette, WC
Tenancy:
The shop is at present let to an Individual for a term of 6 Years and 11
Months from 19th June 2023 at a current rent of £7, 020 p. a.Open market rent
review in September 2025 and 2028. No breaks. Deposit held of £1, 140.
Tenure:
Long leasehold. To be held on a 999 years lease from completion at aground
rent of peppercorn.
Location:
Located at the junction with Church Street in this town centre position,
amongst such multiples as Costcutter, W H Smith, YourMove, Santander, Shoe
Zone and a Lloyds Bank. Camborne lies midway between Newquay and Penzance on
the A30 some 3 miles west of Redruth and benefits from good transportlinks
via Camborne Railway Station.
* Roof repair works carried out in 2020
* Nearby occupiers include Costcutter, WHSmith, Santander, Shoe Zone and a
Investment Consideration:
Gross Initial Yield: 10. 02%
Rental Income: £7, 020 p. a.
VAT is not applicable to this property
Comprises mid - terrace ground floor
Roof repair works carried out in 2020
Nearby occupiers include Costcutter, WHSmith, Santander, Shoe Zone and a
Lloyds Bank.
Property Description:
Comprises mid -
providing the following accommodation and dimensions:
Ground Floor: 50 sq m (538 sq ft)
Open plan retail,
Tenancy:
The shop is at present let to an Individual for a term of 6 Years and 11
Months from 19th June 2023 at a current rent of £7, 020 p. a.
review in September 2025 and 2028. No breaks. Deposit held of £1, 140.
Tenure:
Long leasehold. To be held on a 999 years lease from completion at a
rent of peppercorn.
Location:
Located at the junction with Church Street in this town centre position,
amongst such multiples as Costcutter, W H Smith, Your
Zone and a Lloyds Bank. Camborne lies midway between Newquay and Penzance on
the A30 some 3 miles west of Redruth and benefits from good transport
via Camborne Railway Station.
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