Property Price: £390,000

Unit C, Bartles Industrial Estate, North Street, Redruth, Cornwall, TR15 1HR

Property Ref: redruth


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Property Class: B8 - Storage & Distribution


Property Type: Investment


Property Features:

  • VAT Exempt
  • 3 Yearly Rent Reviews
  • 15 Year Lease
  • Let to Travis Perkins (Properties) Ltd
  • Freehold trade counter investment

Service Charge: POA


Insurance: POA


Business Rates Payable: POA


Area Floorspace: 9806 Square Foot (sq²)

Redruth lies about 61 miles southwest of Plymouth and 18 miles northeast of Penzance and has a population of about 12,350 (2001 estimate). The town is accessed via the A30 trunk road which lies with the M5 motorway at junction 31.
North Street lies just to the north of the town centre. Bartles industrial estate lies on the east side of North Street.

A semi detached building of stone and portal frame construction beneath a pitched roof. The building provides a ground a first floor showroom with ancillary offices with a large rear warehouse with mezzanine totalling circa 9,806 sqft. There is a vehicular access and loading via a metal roller shutter door to the side of the property. Externally there is a small yard to the front for about 7 cars.
Tenure Freehold
Lease Information
Tenant: Travis Perkins Properties Ltd (for the year ending 31 December 2007, the tenant reported a turnover of £49.88 Million a pre-tax profit of £28.21 million and shareholder’s funds of £151.85 million (Source ICC)
Term: 15 Years from 31.07.2007
Type: Full repairing and insuring lease
Rent: £29,222 Per Annum

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