Property Details

1 bedroom town house for sale For Sale

Royal Mail, Fore Street, Redruth, Cornwall, England, TR15 2AE, United Kingdom

£70,000

ROI = 15% BMV = 14.94%

Gallery

Description

Positioned in a highly sought-after High Street location, directly opposite a thriving cinema and surrounded by a vibrant mix of art galleries, boutique gift shops, salons, and coffee houses, this substantial three-storey property offers a unique commercial and redevelopment opportunity. Formerly home to Whittakers Bakery, the building comprises a historic shopfront and a large attached commercial unit at the rear previously the bakery itself. Significant structural work has already been completed, including stripping the building back to its original granite walls, installing a new slate-pitched roof to the front section, and replacing joists on both the ground and first floors. New windows have been fitted at the front, and the space is primed for second-fix installations and stair access. The rear section has undergone extensive reinforcement, featuring a newly installed ring beam, brand-new steel supports, and a completely reconstructed roof carcass, securely wrapped for protection. The third floor in the rear has been fully joisted, with ample space allocated for staircase installation. Previously granted planning permission now withdrawn due to an access clarification ”the property presents an exciting opportunity for redevelopment, subject to renewed approvals. It is important to note that there is no rear access; however, the neighboring landowner is open to permitting scaffold erection for roof completion, subject to an agreed stipend and time restrictions. With convenient front-loading access for materials and essential services already on-site, including water, electricity, and drainage, this impressive property is poised for transformation. Whether for a commercial venture, mixed-use development, or a bespoke restoration project, this is a rare chance to acquire a characterful building in a thriving commercial hub. Please note we have not inspected this property.

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