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22A Commercial Street, Camborne, Cornwall, TR14

Fixed Price
£70,000

£82.35 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

850 sq ft

79 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and Class E

A1, E

Key features

  • Roof repair works carried out in 2020
  • Nearby occupiers include Costcutter, WHSmith, Santander, Shoe Zone and a Lloyds Bank.

Description

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 shop
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 a ground 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 Move, 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 transport links via Camborne Railway Station.

Brochures

22A Commercial Street, Camborne, Cornwall, TR14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Camborne Station0.2 miles
  • Redruth Station3.6 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

More properties from Blue Alpine, London

Notes

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