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Residential properties for auction in Higher Penponds, Cornwall

Create Alert 2 results Sorry, we currently do not have any listings in 0 miles of Higher Penponds, Cornwall - Please find below the nearest listings available.
Location
The property is situated in Helston Town Centre fronting Coinagehall Street at the junction of Market Place and opposite Church Street. Helston is a market town situated at the northern end of the Lizard Peninsula approximately 12 miles east of Penzance and 9 miles south-west of Falmouth.

Description
To be offered by Auction. A three storey freehold public house investment opportunity currently let and producing an annual income of approximately £27,000 per annum. Believing to measure approximately 3,000 square feet in total, including residential accommodation on the first and second floors the property is let on a 7 year lease from May 2018 with the added security of a personal guarantee. The property is located in a popular and busy market town on the lizard peninsula at the junction of the A394 and A3083, approximately 12 miles east of Penzance and 9 miles south of Falmouth

Accommodation
Cellar
First Floor (part)
Office accommodation

First Floor (part)
Residential accommodation

Second Floor
Residential accommodation

Tenancy
The property is currently let to a Mr N Hicks from 3rd May 2018 for a period of seven years at £27,000 per annum. A rent review is scheduled for the 5th year of the tenancy.

General
Gross yield 15%.
Energy Performance Certificate = C.
The Beehive Public House, 6, Coinagehall Street, Helston, TR13 8EB
A three storey freehold public house
Type: Flat, Pubs/Bars/Clubs, Residential, Licensed & Leisure
Location: The Beehive Public House, 6 Coinagehall Street, Helston, TR13 8EB
Size: 3000 Sq Ft
Images: 4
View Property
** Unsold, the last bid was £230,000 and is available at £240,000 **

Details
LOCATION
Summary: Town centre location
Miles: Truro 8 miles, St. Ives 12 miles
Roads: A30, A3047, B3300
Rail: Redruth railway station
Nearby Occupiers: Betfred

DESCRIPTION
The property comprises a three storey building of traditional granite construction beneath a tiled roof. The property is located at the junction of Fore Street, Penryn Street and West End in the heart of Redruth and is arranged as a commercial property on the ground floor and two 1 bedroom flats on the first and second floors. Both flats provide a bedroom, living room/kitchen and shower/WC.

TENURE
Freehold

PLANNING
Redruth Town Council (01209 210038) www.redruth-tc.gov.uk.

VAT
Refer to the legal documentation

ENERGY PERFORMANCE CERTIFICATE
See website

NOTE
Your Move Estate Agents have 285 branches across the country – more than 90 of which were rebranded to Your Move following the acquisition of the Halifax estate agency network by LSL in January 2010 (source: www.your-move.co.uk).

Address Tenant Floor Use Sq M Sq F Lease Terms Rent £ pa Rent Review
TOTAL £19,600
West End House Your-move.co.uk.ltd Individual Individual Ground First (Flat 1) Second (Flat 2) Retail Residential - one bedroom flat Residential - one bedroom flat 40.24 46.45 46.45 433 500 500 5 years from 24/03/2014 12 month AST from 05/07/2018 12 month AST from 11/08/2008 £7,000 £6,000 £6,600 Deposit £600 Deposit £500 Holding over

The areas have been provided by the vendor and are for guidance only

SELLER'S SOLICITOR
J Scollan & Co
Clive Cooke
0208 579 9933
clive@scollan.co.uk
West End House, West End, Redruth, TR15 2RZ
Freehold commercial and residential investment, producing £19,600 per annum.
Type: Flat, Retail, Residential, Office, Offices
Location: West End House West End, Redruth, TR15 2RZ
Images: 5
Brochures: 1
View Property
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