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Investment for sale in Camborne

30-32 Trelowarren Street, Camborne, Cornwall
For sale
£155,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
Situated in a prime trading position within the main commercial thoroughfare of Camborne and located next door to Costa Coffee and Iceland, this mixed use terraced property is currently arranged as two ground floor shops with upper parts (sold on long leases) and rear car park. Considered suitable for continued use as a letting investment, the property does require some improvement works.

30 Trelowarren St
Ground Floor Shop
Retail sales area and rear staff/stock room. The property is currently trading as a charity shop.

Outside
Cloakroom with W.C.

Tenancy
Holding over under the terms of a 10-year commercial lease from 24th March 2005 at a current rental of 11,500 per annum.

EPC Rating
C (59). Floor area 61 sq.m.

Flat, 30 Trelowarren Street
Tenure
Sold on a 999-year lease from 1st November 2005 at a current ground rental of 50 per annum.

32 Trelowarren St
Ground Floor Shop
Retail sales area , rear staff/stock room, stores and two cloakrooms with W.C. The property is currently trading as a gift shop.

Tenancy
Let under the terms of a six-year commercial lease from 22 November 2023 at a current rental of 9,000 per annum.

EPC Rating
D (90). Floor area 104 sq.m.

Flat, 32 Trelowarren Street
Tenure
Sold on a 999-year lease from 1st November 2005 at a current ground rental of 50 per annum.

Auctioneers Note
At the time of publication the Auctioneers have not inspected the whole of the property. Interested applicants are advised to make their own enquiries to verify the information provided.

Commercial EPC: C


Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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