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Mike Nightingale Partner View Profile

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Call: 01872 247008
Email: msn@miller-commercial.co.uk

For Sale
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Investment/Refurbishment Oportunity, 61, Fore Street, Bodmin

Investments Residential for sale

£275,000

Freehold

A ground floor retail premises with two flats and a bedsit above. The building is located in the Bodmin's principal retailing street close to a mix of national and independent retailers and public car parks.

The shop is let on a 6 year lease from March 2021 at a passing rental of £9,000 per annum and the upper parts are vacant and require refurbishment.

  • SUBSTANTIAL FREEHOLD PREMISES
  • SHOP (LET) WITH TWO FLATS AND BEDSIT ABOVE
  • UPPER PARTS REQUIRE REFURBISHMENT
  • RETAIL UNIT PRODUCING £9,000 PER ANNUM EXCLUSIVE
  • ENERGY PERFORMANCE ASSET RATING – SHOP C (64)

Property Brochure PDF Location Map

Virtual Tour

Location:

The premises occupy a prominent position on the main shopping thoroughfare in the town of Bodmin. Nearby retailers include WH Smith, Costcutter, Costa Coffee, Bodmin Arcade, Specsavers, Newells Travel, HBH Woolacotts Electrical Retailler.

Property:

A ground floor retail premises together with a store to the rear and a small kitchen area and wc. Located above and independently accessed to the rear there are two spacious 2 bedroomed flats and a bedsit. The shop is let under a lease to a business which trades as The Dog House a pet shop and dog grooming specialist.

Schedule Of Accommodation:

Ground Floor Retail.
Sales Area: 5.9m x 8.0m – 56.8sqm (612 sq ft)
Storage Area: 4.5m (max) x 4.4m (max) – 19.1sqm (206sq ft)
WC
Total: 75.9sqm (818sqft)
First Floor – Lower Level
Bedsit with open kitchen/sleeping/living area and separate shower room..
First Floor – Upper Level
Flat 1 – Kitchen, Shower Room, Two bedrooms and large lounge/diner – Terrace with views to rear.
Second Floor
Flat 2 – Kitchen, two bedrooms, shower room, lounge/diner, third bedroom/study with wc – access to terrace with views to the rear.
NB – The upper parts require refurbishment throughout.

Tenure

Freehold – with the benefit of the ground floor lease which is for a term of 6 years from March 2021 and is at a passing rental of £9,000 per annum exclusive. There is a rent review and tenant break clause on the third anniversary of the lease.

Legal Costs:

Each Party to bear their own.

Energy Performance Certificate

The Energy Performance Rating for the shop is within Band C.(64). EPC’s have been applied for in respect of the residential elements of the building and will be available shortly. The first floor flat and studio has an E (40) rating and the second floor flat has an E (44) rating.

Services:

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Vat:

VAT will not be payable on this property.

Contact Information

For further information or an appointment to view please contact either:-
Mike Nightingale on 01872 247008 or via email msn@miller-commercial.co.uk or
Thomas Hewitt on 01872 247025 or via email th@miller-commercial.co.uk

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

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Mike Nightingale Partner View Profile

Contact us about this property

Call: 01872 247008
Email: msn@miller-commercial.co.uk

Property Brochure PDF