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LOT
105

91 Fore Street, Redruth, Cornwall TR15 2BP

Sold for £52,000

About this property

An extensive freehold three storey in part town centre premises situated in a prime trading location in Redruth, having had the benefit of recent replacement windows to the upper floors and a new roof, along with internal clearance works. The property previously comprised of ground floor retail premises and five flats on the upper and rear floors, now offering a blank canvass for reconfiguration into a number of commercial/residential units, subject to any requisite consents, upon which interested parties must make and rely upon their own planning enquiries of Cornwall Council planning department.

Addendum To Printed Catalogue

It has been brought to our attention that any rights of way and use of the rear courtyard, for any purpose whatsoever, has been challenged by the owner of 89 Fore Street, Redruth. We understand that this dispute has not been resolved and that the purchaser is fully aware of this fact prior to bidding and that any access rights are to be resolved between the purchaser of 91 Fore Street, Redruth and the owner of 89 Fore Street, Redruth. The property is being sold with Nil Reserve.


Situated

Fore Street forms the heart of Redruth town centre having enjoyed recent regeneration and in proximity of local car parks and the mainline railway station. The town centre offers a variety of shopping and leisure facilities, with excellent access to the A30.

Viewings

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

Note

The Promap shown is for approximate identification purposes only and is not to scale. Crown Copyright Reserved.

Planning

A Grant of Conditional Planning Permission was issued under application number PA18/07458, on the 28th January 2109, for 'Reconfiguration of extisting ground, first and second floor flats to provide 3 further residential units including associated alterations to existing communal staircase and circulation space to meet statutory requirements' along with building control application BC21/04198/PORTAL issued on the 2nd February 2022 stating building work started. We understand from the vendor that further plans have since been drawn up to revise the planning back to 5 residential units of accommodation.

VOA Rating

The property was removed from the rating list on the 1st April 2023. The previous VOA rating was £6,100.

EPC

Exempt

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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.

91 Fore Street, Redruth, Cornwall TR15 2BP

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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).