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74 Trelowarren Street, Camborne, Cornwall, TR14

Fixed Price
£210,000

£135.48 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

1,550 sq ft

144 sq m

SECTOR

3 bedroom mixed use property for sale

USE CLASSUse class orders: C3 Dwelling Houses and Class E

C3, E

Key features

  • Rental Income: £22,260 p.a.
  • Gross Initial Yield: 10.60%
  • Comprises ground floor shop with 2 self-contained residential flats (1 x 1-bed and 1 x 2 bed)
  • Situated within short walk from Tesco Superstore and within 0.4 miles from Camborne Train Station.

Description

Investment Consideration:
Gross Initial Yield: 10.60%
Rental Income: £22,260 p.a.
VAT is NOT applicable to this property
Comprises ground floor shop with 2 self-contained residential flats (1 x 1-bed and 1 x 2 bed)
Situated within short walk from Tesco Superstore and within 0.4 miles from Camborne Train Station.

Property Description:
Mid-terrace building comprising ground floor commercial unit t/a barber shop, 1-bedroom residential flat at rear ground floor and 2-bedroom maisonette at first floor, providing the following accommodation and dimensions:
Ground Floor: Retail Shop t/a Barbers 43 sq m (463 sq ft)
Rear Ground Floor: Flat 74B 34 sq m (366 sq ft)
1 Bedroom, Kitchen/Living Room, Shower
First Floor: Flat 74A 67 sq m (721 sq ft)
2 Bedrooms, Kitchen/Dining Room, Living Room, Shower

Tenancy:
The retail shop is at present holding over on an FRI lease at a current rent of £6,000 p.a.
Flat 74A is at present let on AST to an Individual for a term of 12 Months from 18th January 2024 at a current rent of £8,760 p.a. Deposit held of £625.
Flat 74B is at present let on AST to an Individual for a term of 12 Months from 14th December 2023 at a current rent of £7,500 p.a. Deposit held of £650.
Both residential tenants have been in occupation for more than 1 year and currently on renewal AST.

Location:
Camborne is a town in Cornwall, England, United Kingdom. The property is situated on the main high street, within short walk from Tesco Superstore and within 0.4 miles from Camborne Train Station. Retail occupiers nearby include Poundstretcher, Peacocks, WH Smith, Superdrug, Costa, Specsavers, TUI, The Works, Santander, Halifax, Iceland and more.

Brochures

74 Trelowarren Street, Camborne, Cornwall, TR14

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Camborne Station0.3 miles
  • Redruth Station3.4 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

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