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LOT
89

6, 6a & 7, Higher Fore Street, Redruth, Cornwall TR15 2AJ

Postponed
 

About this property

A fabulous opportunity to acquire a freehold town centre mixed use premises, presented in good order throughout and comprising of two self contained ground floor retail units and a two bedroom fully furnished flat. Unit 6 is currently currently let and generating an income of £240pcm/£2,880 pae on a rolling AST, VOA rating £3,350. Unit 7 is currently vacant with the potential, subject to any requisite consents, for residential conversion, VOA rating £3,800. 6A a vacant fully furnished two bedroom flat with kitchen/diner, sitting room and shower room. The property is likely to appeal to career lettings investors, as a break-up and resale opportunity of the individual components, or those looking for a live/work opportunity with an additional income stream.

Addendum To Printed Catalogue

This lot has been postponed and will be offered in the 23rd May auction.


Situated

Higher Fore Street is situated at the top end of the main retail area of Redruth town centre, conveniently situated for the mainline railway station, car parks and educational facilities, being readily commutable to the A30.

6 Higher Fore Street - Ground Floor

Covered entrance porch, retail zone A 22.5 square metres, hallway/storage area, kitchenette and WC.

7 Higher Fore Street - Ground Floor

Covered entrance porch, retail zone A 25.4 square metres, hallway/storage area, kitchenette and WC.

6A - First Floor Flat

Entrance hall at ground floor level with stairs rising to the landing, lounge/diner, kitchen/breakfast room, two bedrooms and shower room.

Viewings

Strictly by prior appointment with Stratton Creber Redruth 01209 217201. General enquiries Countrywide Property Auctions 01395 275691.

EPC Ratings

6 - D
6A - E
7 - TBC (expired)

Council Tax Band

6A - A

GET READY TO BID BY VISITING THE AUCTIONEERS WEBSITE

GUIDE PRICES & RESERVE PRICES

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

6, 6a & 7, Higher Fore Street, Redruth, Cornwall TR15 2AJ

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* Guide Price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve Price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyers Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).