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LOT
15

91 Fore Street, Redruth, Cornwall TR15 2BP

Sold for £135,500

About this property

An extensive building which requires total refurbishment throughout. The property is currently uninhabitable but benefits from granted planning under the reference PA18/07458 to form a mixture of residential dwellings and a commercial shop to the ground floor.

Location

Redruth town centre offers a number of local and national facilities including banks, restaurants, butchers, and has a multi-screen cinema complex in very close proximity to the property itself. Redruth has a mainline railway link to London Paddington station and also offers good access to the A30 trunk road which links into Devon.

Proposed Accommodation

Ground Floor

Commercial property to the front aspect. Access is granted via the rear courtyard leading to the residential element of the building, which will include: Flat 1: Lounge/kitchen with separate bedroom and accessible shower room. Flat 2: Lounge/kitchen with separate bedroom and accessible shower room.

First Floor

Communal stairwell leading to the second floor and doors to: Flat 3: Studio flat with open plan living space and a shower room. Flat 4: Studio flat with open plan living area and a shower room. Flat 5: One bedroom apartment with open plan lounge/kitchen, bedroom and a bathroom.

Second Floor

Flat 6: One bedroom apartment with open plan lounge/kitchen, bedroom and a bathroom. Flat 7: One bedroom apartment with an open plan lounge/kitchen, separate bedroom and a shower room.

Planning

A grant of conditional planning was approved on the 28th of January 2019 under the reference PA18/07458 for the “Reconfiguration of existing Ground, First & Second floor flats to provide 3 further residential units including associated alterations to existing communal staircase and circulation space to meet statutory requirements.” All prospective purchasers should make and rely on their own enquiries of Cornwall Council Planning 0300 1234 151.

Notes

All prospective viewers are advised that they enter the property at their own risk and will be required to sign a disclaimer to view internally. Sturdy footwear must be worn. There is limited natural light in places in the building, it is advisable to take a hand held light source.

Energy Efficiency Rating - Exempt - Uninhabitable

Auction Valuer

Lucy Fuller.

Viewing Arrangements

Viewing strictly by appointment only with Stratton Creber Redruth 01209 217201. General enquiries Countrywide Property Auctions 01395 275691.

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).