Lot 30 - Mixed Use Investment In Town Centre
60 Fore Street, Cornwall, TR15 2AF
Guide Price: *
£90,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£111,000Bid history
2 bidsN
17/09/2024 22:02:52 - £111,000
R
16/09/2024 17:13:37 - £90,000
Currently let at £12,000 per annum
A terraced mixed-use freehold property situated within the heart of Redruth town centre and arranged as two ground floor commercial units with a well proportioned three-bedroom flat at first floor level. The property is considered suitable for continued use as a letting investment and requires some improvement works.
Ground Floor Commercial Unit - Flower Power
Sales area with counter and rear staff room with W.C.
Outside
Small courtyard area to rear.
Tenancy
Holding over under the terms of a five-year commercial lease from 25th December 2010 at a current rental of £100 per calendar month. The unit is currently trading as a florist.
Ground Floor Commercial Unit
Berrymans
Sales area with counter and rear staff room with W.C.
Tenancy
Holding over under the terms of a five-year commercial lease from 1st January 2011 at a current rental of £400 per calendar month. The unit is currently trading as a bakery.
Auctioneer's Note
At the time of publication the auctioneers have not inspected this unit. Interested applicants should make their own enquires to verify the details provided.
Flat
Ground Floor
Private entrance to front leading to lobby area.
First Floor
Open landing, kitchen, living room, three bedrooms and bathroom with W.C.
Tenancy
Let on an Assured Shorthold Tenancy Agreement at a current rental of £500 per calendar month.
Council Tax Band A
Viewing
External only. A selection of internal photos will be available to view via the Clive Emson website.
Joint Auctioneer
Miller Commercial, Mansion House, Princes Street, TRURO, Cornwall, TR1 2RF, 01872 247013
Summary
- Lot number
- 30
- Auction end
- 18th Sep at 10:50
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Lot number
- 30
- Auction end
- 18th Sep at 10:50
- Property type
- Commercial
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Devon, Cornwall, Somerset, Bristol & Bath
01392 366555
West Country House, 5 Kew Court, Pynes Hill, Exeter, Devon, EX2 5AZ
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
